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 194 independent living units, 21 assisted living units and 28 […]

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, tells Senior Housing News. “It gave us the opportunity to […]

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 by California-focused regional operator Pragma Management with financing provided by […]

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 has developed the largest network of premium residential senior care […]

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 the real estate and operations of two 37-unit AL facilities […]

Transactions & Financings: Mainstreet Property Group, Trilogy Consulting

Solutions Advisors Acquires Trilogy Consulting New Jersey-based senior living consulting firm Solutions Advisors has acquired Trilogy Consulting, LLC. Solutions Advisors provides strategic marketing, sales consulting and creative services to senior living communities. Terms of the deal were not disclosed. Trilogy founder Scott Townsley, who opened his firm January 1, 2017, will serve as Principal of […]

CCRCs Gain Luster as Standalone SNFs Fade

Skilled nursing isn’t dying, but the standalone skilled nursing facility — or SNF — just might be. And that could be good news for the future of continuing care retirement communities (CCRCs) and similar full-continuum offerings. While skilled nursing is perhaps more needed than ever, the service offering is evolving toward greater integration along the […]

Senior Housing Transactions: CBRE, MBK Senior Living

Golden West Senior Living Sells Community to Chicago Investors Golden West Senior Living has announced the sale of Flatirons Terrace, a 54-unit independent living community in Boulder, Colorado, to Harrison Street Real Estate Capital, a private equity firm based in Chicago. Dial Retirement Communities, of Omaha, Nebraska, will operate the community. Financial terms of the […]