Welltower (NYSE: WELL) is growing its relationship with Oakmont Management Group in an arrangement that will grow the companies’ existing portfolio and facilitate the launch of a new brand called Ivy Living. The Toledo, Ohio-based real estate investment trust (REIT) on Thursday announced it is acquiring an undisclosed number of management contracts that are expected […]
The senior living industry has put much time and energy into coming up with a housing model to serve the next generation of older adults. But for Garden Spot Communities CEO Steve Lindsey, the answer doesn’t only lie with older adults. Instead, the organization is exploring ways to create community for people from all walks […]
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. Submissions are currently open. Construction: Planned LSU Health Foundation Plans Senior Living Community Near New Orleans The Louisiana State University (LSU) Health Foundation plans to open […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
New models of active adult communities are taking root across the country as the product type surges amid the pandemic — and capital providers have taken notice. Financing markets have evolved in recent years to meet the needs of active adult developers and investors just as the industry has evolved to meet the needs of […]
Earlier this year as the first vaccines flowed into senior living communities, it seemed as though the lockdowns and restrictions of 2020 were soon to be a distant memory. Now, a new and significantly more infectious strain of coronavirus dubbed the delta variant threatens to derail some of that progress, and the industry is monitoring […]
Recent data showed senior living occupancy remained flat in the second quarter of 2021, prompting renewed doubts about the pace of Covid-19 recovery. With this as the backdrop, providers are hoping that Q3 2021 will result in a seasonal occupancy uptick, and then some — but that result is uncertain. There is reason for some […]
Second Act Financial Services soft launched in 2019, only to hit pause a short time later. But now, the financial provider has officially launched its service to help older adults fund their move into senior living communities. Second Act, now a division of Liberty Savings Bank, provides bridge loans to older adults with the intention […]
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. Submissions are currently open. Construction: Complete First Residents Move into Massachusetts Community The first group of residents has moved in at Salmon at Medway, a Salmon […]
Sizable transactions from real estate investment trusts (REITs) helped propel senior housing and care merger and acquisition activity higher in the second quarter of 2021 than the first quarter. The number of publicly announced senior housing and care acquisitions in the second quarter of 2021 rose to 109 deals, representing a 31% gain from the […]
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