Transactions & Financings: LTC Properties, Blueprint

Grandbridge Arranges $248 Million Senior Housing Credit Facility The Seniors Housing and Healthcare Finance Group at Charlotte, North Carolina-based Grandbridge Real Estate Capital recently arranged the closing of a $247,629,500, 11-community senior housing credit facility. The loan was originated by Senior Vice President Richard Thomas and the Seniors Housing and Healthcare Finance Group, and funding […]

Repositioned Operator Generations Goes Big on Mixed-Use, Intergenerational Projects

A longtime senior housing provider that has pivoted to developing intergenerational communities within mixed use developments is poised to soon bring a 375-unit senior housing community to California’s Bay Area. Portland, Oregon-based Generations LLC has partnered with San Diego, California-based health care real estate developer Pacific Medical Buildings to build the community and various public-facing […]

Tech Beat: Yardi’s RENTCafé Reach, BrainHQ App Research

BrainHQ App Improves Brain Function in Senior Housing Community Population, Study Finds A recent study of seniors living in assisted living and independent living communities revealed significant improvement in brain processing speed among those who used the BrainHQ web and mobile apps from Posit Science. The study was published in the Journal of the American Geriatrics Society. “Our findings have important […]

Brookdale Likely Won’t See Performance Improvement Until 2019

Brookdale Senior Living (NYSE: BKD) has a ways to go before its turnaround is complete. At the very earliest, the nation’s largest senior housing provider likely won’t see improvement in its performance until fiscal year 2019, according to RBC Capital Markets Analyst Frank Morgan. “Given the challenging operating environment and the ‘heavy lifting’ that management’s […]

Senior Housing Occupancy Tumbles to 8-Year Low

Nationwide, senior housing occupancy has reached its lowest level in over eight years. Occupancy at U.S. seniors housing communities averaged 87.9% in the second quarter of 2018, dropping 0.4 percentage points from the first quarter of 2018 and 0.8 percentage points from the same time last year, according to newly published data from the National Investment Center […]

LCS Closes $300 Million Fund in ‘Milestone’ Event

The third-largest senior housing provider in the United States is on track to become “a little bit more nimble.” On Thursday, the Des Moines, Iowa-based LCS announced that LCS Real Estate had closed a $300 million senior housing programmatic joint venture with a large institutional investor. The two parties will work together to execute on […]

These Are the Best and Worst States to Retire Right Now

Developers looking for their next senior housing site may want to consider out-of-the-box retirement destinations, as these may actually be the most desirable to American retirees. Consumer financial services company Bankrate, Inc. recently published a list ranking the best states for retirees. To arrive at its conclusions, the firm considered factors that may be especially […]

Transactions & Financings: Radiant Senior Living, CBRE

Radiant Senior Living Acquires 64-Unit Community in Idaho Radiant Senior Living recently acquired The Renaissance, a 64-unit assisted living and memory care community in Coeur d’Alene, Idaho. Radiant currently owns and operates 19 independent living, assisted living, and memory care communities in Washington, Montana, Oregon, Colorado, Nevada, and Idaho. Radiant is scheduled to start constructing […]