CNL Healthcare to Acquire $457 Million Senior Living Portfolio

CNL Healthcare Properties announced it entered into an agreement to acquire 21 senior living communities for $457.3 million. The communities are located in five states throughout the Pacific Northwest according to a filing from the Securities and Exchange Commission (SEC). The portfolio includes 2,186 residential units, comprised of 664 independent living units, 1,366 assisted living units, and […]

After Downturn, Non-Profits Start to Look Again at New CCRC Construction

A slowdown in continuing care retirement community (CCRC) construction may be reaching its end as occupancy rates improve and non-profits see increased competition from for-profit organizations building standalone memory care and assisted living communities. Data from the National Investment Center for Seniors Housing shows for-profit companies are doing the majority of new construction during the […]

Webinar: Which Markets are Ripe for New Senior Housing Development?

Don’t miss the latest free webinar from Senior Housing News and Salus Valuation Group on September 26 at 2 p.m. CST. During the session, panelists will discuss how operators and developers can utilize tools and data to spot the perfect location for new development.  During the free webinar, panelists will discuss how to property analyze market […]

Brookdale National Branding Campaign Already Paying Off, Says CEO

Brookdale Senior Living (NYSE:BKD) launched a self described “game changing” national branding campaign in May and it’s already seeing a positive impact. While the campaign is a long term initiative, recent indicators show the branding push is having a positive impact. Comparing data from 90 days prior to the launch and 90 days after, website traffic […]

Marcus & Millichap, American Senior Communities & More Currently Hiring

Attention, senior living job seekers: new positions have been posted on the Senior Housing News jobs board, so if you’re looking for a change of pace, check out the openings and apply today.  Marcus & Millichap, American Senior Communities and Seacrest Village Retirement Communities are all using SHN’s jobs board to fill their open positions that include […]

Medications Changing Assisted Living from Hospitality to Nursing

Assisted living residents have always used pharmacies, but with acuity levels rising across the industry, the need for better integration has reached its boiling point. Des Moines, Iowa-based Life Care Services, an LCS Company that manages senior living communities, agrees that rising acuity levels in senior living makes managing residents’ medications even more important. “It’s […]

Land Acquisition & Development Strategies—Last Chance to Sign Up

Don’t miss Senior Housing News’ latest webinar, which will feature a panel of experts discussing the best strategies for acquiring land and developing new senior living communities. The webinar will be held on Wednesday, June 13, so sign up today. As inventory shrinks and prices for existing senior housing assets rise, new developments are making a comeback. […]

Health Care REIT CEO: Sunrise is Best Portfolio Ever Made Available

Health Care REIT (NYSE:HCN) has been busy making big investments in 2013, already amounting to more than $5 billion during the year. The company announced in May that it was making a $1.01 billion investment in Canadian senior housing operator Revera’s $1.35 billion portfolio using a RIDEA structure on the deal. In January, the company […]

Ventas CEO: Senior Housing Poised to Continue Upward Trend

Senior housing and medical office buildings are poised to continue their upward trend as a result of the demographics and improving economies according to Debra Cafaro, chairman and CEO of Ventas, Inc. (NYSE: VTR). Speaking with REIT.com, Cafaro said being a REIT has provided the company with a flexible business model, allowing it to focus on […]

Ventas Still Sees Potential for Large Scale Acquisitions

While Ventas (NYSE:VTR) hasn’t completed any major senior housing acquisitions to date in 2013, the market for growth through acquisitions remains very strong. The Chicago, Ill.-based real estate investment trust (REIT) says there are a variety of acquisition opportunities it’s looking at, from individual properties to regional players, and large portfolios. “The market is dynamic and there […]