United Properties plans to triple the size of its senior living portfolio by scaling up its new Amira brand, which includes three sub-brands focused on active adult, traditional senior living and co-op senior housing communities. Not including its 16 open co-ops, the Minneapolis, Minnesota-based real estate development and investment firm currently has 13 open or […]
Aegis Living is set to pilot its own staffing agency in a move aimed at saving millions of dollars in workforce expenses and potentially creating a new business line down the road. The Bellevue, Washington-based operator in January plans to launch the new agency in Seattle, where it has 17 communities and five more under […]
Bain Capital Real Estate has closed on a $3 billion fund that includes senior housing as a target. The fund, Bain Capital Real Estate Fund II, garnered nearly double its initial target dollar amount, according to Bloomberg, which first reported on the fund’s closing. Bain’s targets for investment sectors include life sciences, media, e-commerce and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LifeStar Community in Florida Gains Momentum LifeStar Living’s forthcoming “flagship” community in St. Petersburg, Florida is moving closer to the start of construction. The […]
This week, a new residential-style memory care community is opening its doors in Bulverde, Texas — but if the concept works as intended, its services will reach far beyond its walls. The company is Bella Groves, and its mission is not only to support older adults living with dementia, but also to educate those who […]
CareTrust REIT (Nasdaq: CTRE) is reportedly examining a range of strategic options that might include a sale of the company. The San Clemente, California-based real estate investment trust (REIT) has engaged an advisor to explore interest in a potential sale, including from other senior housing companies or real estate investment firms, according to a report […]
Lenders and investors are again ready to deploy capital into the senior living industry, and for senior living operators and owners looking to grow, 2022 could be a pivotal year. But what capital providers are looking for in a senior living development or acquisition opportunity has changed with the Covid-19 pandemic, as have the kinds […]
Recent occupancy and absorption trends show that recovery is underway in the senior living industry. But not all operators and communities are seeing the same kind of gains. Some communities and property types have rebounded from pandemic lows faster than others, with variations in the same market or the same owner/operator portfolio. Given all of […]
Small-home senior living has grown in recent years from a relatively niche product type to one that is garnering increased interest amid the Covid-19 pandemic. These days, the small-home senior living sector includes everything from single-site residential properties to high-rise buildings with small-home wings on multiple floors. But the product type is still evolving, and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View the nominees for the 2021 Architecture & Design Awards. Construction: Planned Greystar Secures Land for Active Adult Community in Arizona Greystar has closed on the […]
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