Providers Shorten Sales Cycle With New Approach to Online Leads

The decision to move into senior living is one that takes time — time that senior living providers are often looking to shorten, especially as seasonal occupancy declines drag down operational efficiencies. But with the help of new technology, operators are hoping to significantly cut back on the time it takes for a prospect to […]

NY Times: Graying America Paves Way For Greener Senior Living

As baby boomers age and seek healthier, greener senior living alternatives, the number of “eco-conscious” retirement communities — while still rare in the U.S. — is expected to grow in number, according to a recent New York Times article.  “Moving forward, in the next 20 years, these green communities will become the standard,” said Andrew […]

Senior Housing Investments & Transactions: REIT Mega Deal, LTC Properties

Washington Nursing Facility Sells for $6.6 Million  Shoreline Health and Rehab, a 106-bed skilled nursing facility in Shoreline, Wash., recently sold for $6.625 million, a purchase price driven, in part, by its $3 million renovation in 2012, according to Evans Senior Investments, which facilitated the sale. “Although well-managed from an expense perspective, the facility historically […]

Sabra Acquires 9 Senior Housing Properties, Plans to Develop 10 More

A month after Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced its pipeline would more than double, the senior housing investor is making good on its promise with a nine-property senior housing portfolio acquisition and a 10-property development pipeline. The real estate investment trust has agreed to purchase a nine-property senior housing portfolio in Canada for approximately […]

Weak Occupancy, Absorption Rates Fuel Development Concerns

The first quarter of 2015 was marked by weak absorption and falling occupancy levels for senior housing properties, fueling the industry’s concern that some markets are overheating. Among those underperforming markets are Houston, Denver, Las Vegas and San Francisco, according to new data provided by the National Investment Center for Seniors Housing and Care (NIC), in […]

Senior Housing Investments & Transactions: SNH, Prudential

Hospitality House Acquired for $3.6 Million Carlsbad, California-based Merrill Commercial Real Estate, Inc., a full-service real estate firm offering solutions in the senior housing space, recently closed the sale of Hospitality House senior community, with Menlo Management of Menlo Park, Calif., acquiring the property for $3.6 million, or $85,714 per unit, from an independent owner. Hospitality […]

Moving the Needle: REITs Adapt to New Senior Housing Era

Senior housing and care has attracted a growing amount of interest among investors who are are eager to capitalize on the industry’s favorable market fundamentals. Some of the top investors, health care real estate investment trusts (REITs), have been players in the space for years — but their growth strategies may soon be changing. With […]

40% of Wealthy Aren’t Prepared for Luxury Senior Living Costs

Development of high-end senior living products and services may be increasing, but data shows four in 10 wealthy individuals still aren’t prepared for the costs of long-term care. In the event that long-term care is ever needed, nearly one-quarter (23%) of the cohort expects to live in a luxury assisted living facility, according to the […]

Movers & Shakers — Horizon’s New CEO and CFO

Horizon Announces New CEO and CFO  Wisconsin-based Horizon Group of Companies — made up of Horizon Development Group, Inc., Horizon Construction Group, Inc., and Horizon Management Services, Inc. — has announced the appointment of Dan Fitzgerald as its new CEO. Fitzgerald has been part of the Horizon team for 16 years, beginning in the development […]