Conversation surrounding the risk of oversupply in the senior housing industry has been ongoing recently, with one frequent observation being that supply concerns differ greatly by locality. But supply also varies among different types of senior housing properties, and data shared Friday by the National Investment Center for Seniors Housing and Care (NIC) brings this […]
Ventas Announces Senior Vice President Promotions Ventas Inc. (NYSE: VTR) on Aug. 27 announced two senior vice president promotions within its asset management business. Christian N. Cummings has been appointed as senior vice president of asset management, focusing on Ventas’ senior housing operating portfolio and enterprise wide dispositions. Cummings joined Ventas in 2002 as an analyst, […]
Fears of oversupply have driven the conversation around senior housing in recent weeks, but commercial real estate professionals still believe market fundamentals are strong and find senior housing to be a highly attractive investment, according to research findings released Thursday. The research, conducted by the National Investment Center for Seniors Housing and Care (NIC) and the National […]
Just more than a year after Indiana-based Mainstreet crowdfunded $1.6 million within a month toward a new senior living development, the property has been sold and investors have already seen a 14% return, but the developer isn’t sure if it’s a fundraising model likely to be used again. In April 2014, the short-term rehabilitation and […]
On the surface, dining and salon and spa services may not seem to go hand-in-hand, but two major senior living vendors have developed a partnership to bring the two together in the name of overall resident wellness and quality of life. It’s a service bundle meant to reduce the burden on providers as they step up their game to meet […]
Lancaster Pollard Adds New Vice President at California Banking Office Lancaster Pollard has named Ross Holland as vice president of the company’s specialty investment banking and mortgage banking firm in Newport Beach, California. In his new role, Holland will be responsible for the Central California, Arizona, Utah and New Mexico markets, reaching out to providers, […]
The recent acquisition of Forté, a Dallas-based public relations agency that exclusively serves the senior living industry, is a move that will bring the marketing communications agency The Point Group into the senior living space at a time when it sees the potential for growth—and also suggests a growing trend of senior living marketing firepower getting […]
Institutional Property Advisors Announces Senior Housing Transactions Totaling Over $6 million Institutional Property Advisors has announced its facilitation of the transactions of two senior housing facilities in Iowa and Illinois for more than $6 million total. Misty Meadows Senior Living Center in Metropolis, Illinois was sold by a limited liability company to Damen Healthcare for $4.38 […]
This week, SHN readers tuned into a trend of consolidation among senior housing operators, as well as a look at inflation in senior housing construction. Readers also delved into recruitment in senior living as companies grapple with succession planning. We looked into how family-owned operators are handling the challenge. SHN Most Read Consolidation Continues: A […]
Fresh from raising $737 million in equity for a new investment fund, ROC Seniors Housing Fund Manager LLC already has acquired more than $1 billion worth of senior housing and medical health care properties within the last month, ROC Seniors CEO Robb Chapin tells SHN. The completed fund, ROC Seniors Housing and Medical Properties Fund 1, […]
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