The wellness revolution in senior living is here to stay, and much of it is powered by technology. In a senior living context, wellness focuses on five main components: the emotional, mental, physical, social and spiritual. Technology touches each of these elements. To compete in Read More »
What Senior Living Can Learn About Wellness from Leading Hotel Brands
Senior living providers embracing the world’s wellness revolution should look to hospitality. That’s because big-name hotel brands — including Hyatt, Hilton, Westin and Marriott — are unleashing creative offerings that are changing the face of wellness. Most of these leaders didn’t have to stretch their Read More »
The Rewards—and Risks—of Senior Living Providers as Retail Landlords
The year was 2008, and Presbyterian Homes & Services had a plan for a new mixed-use senior living community. The Minnesota-based senior living provider would develop The Promenade of Wayzata, 14.5 acres of retail, all-ages condos, a hotel and 326 units of assisted living, memory Read More »
Four Creative Approaches to Mixed-Use Senior Living
Mixed-use development in senior living is on the rise, and the creative thinkers are winning. Whether including senior living or not, a common template for residential mixed-use is a single building with public retail, dining or both on the building’s ground floor, and apartments and Read More »
Transactions & Financings: HFF, Summit Senior Living, Capital One
HFF Advises on $115 Million Financing for Seattle Senior Housing Development Holliday Fenoglio Fowler, L.P. (HFF) has advised Columbia Pacific Advisors on the $114.69 million financing for a luxury, high-rise senior housing property in Seattle. The 24-story property—620 Terry—will offer 243 Class A residential units comprising Read More »
Best Memory Care Design 2017: A Small House That Really Feels Like Home
Lynn Peel didn’t just want a small house-style memory care community —she wanted a small house. That’s why the standalone memory care community she runs, The Mooring on Foreside, in Cumberland Foreside, Maine, has only 12 residents. “The number 12 was really important,” Peel, founder and principal, Read More »
Transactions & Financings: Invesque Purchases Three Dallas-Area Communities
Cushman & Wakefield Arranges $11.6 Million Senior Housing Financing Cushman & Wakefield Senior Housing Capital Markets has arranged an $11.55 million construction loan for the development The Palms at San Lauren, a 68-unit assisted living and memory care community in Bakersfield, California. The community will be operated Read More »
How Active Adult Housing is Becoming Independent Living ‘Light’
If retirement begins at 55, independent living is three decades late. While independent living (IL) is loosely considered the start of the senior living care continuum, experts agree that most people are not entering IL until their 70s at the earliest, according to a new Read More »
Transactions & Financings: Welltower’s New NYSE Ticker Symbol
Welltower to Change NYSE Ticker Symbol to “WELL” Health care infrastructure company Welltower, Inc. has announced a change to its New York Stock Exchange (NYSE) ticker symbol, from “HCN” to “WELL.” The Toledo, Ohio-based company will begin trading under “WELL” on February 28. “Welltower owns, manages and Read More »
Transactions & Financings: Ensign Buys Two Communities in Texas
The Ensign Group Acquires Two Texas Assisted Living Facilities The Ensign Group, Inc., parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has announced that its assisted and independent living portfolio company acquired Read More »