An affiliate of Sage Healthcare Partners has agreed to acquire Henry Ford Village after bidding $76.3 million on the 1,038-bed continuing care retirement community (CCRC) as part of a recent bankruptcy auction. The affiliate, HFV OPCO, LLC, plans to acquire the assets of the nonprofit community in Dearborn, Michigan, and add it to its senior living […]
With Covid-19 vaccinations steadily increasing and leads and move-ins returning, it seems the senior living industry is approaching the light at the end of its pandemic tunnel. But that doesn’t mean senior living providers can rest on their laurels and watch move-ins flow in on their own. With much of the industry in lease-up after […]
In the Pipeline: Ryan Cos., Grand Living Plan Texas Community; LCS Starts Work on New Jersey Project
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 this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned Ryan Cos., Grand Living, […]
Omega Healthcare Investors (NYSE: OHI) CEO Taylor Pickett has seen some distressed assisted living communities on the market — but not at prices indicative of their condition. “On the assisted living side, we’ve made an effort to look for potentially distressed prospects, and quite frankly, those have not panned out,” Pickett said during the company’s […]
Welltower (NYSE: WELL) CEO Shankh Mitra believes there are some “green shoots” emerging in the company’s U.S.- and U.K.-based senior housing portfolios — but he is also wary of predicting a timeline for pandemic recovery. Still, the real estate investment trust (REIT) released a “Path to Recovery” that identifies $480 million in embedded NOI growth, […]
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 this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: In progress The Springs Living […]
Welltower (NYSE: WELL) and an investment group led by real estate and private equity investor Safanad have announced plans to recapitalize HC-One, the largest care home operator in the UK. The two companies will de-leverage HC-One, extend its debt maturity by five years and provide the company with new equity to invest in its communities […]
The company formerly known as Erickson Living has a new name and a new five-year plan to expand and upgrade its portfolio of continuing care retirement communities (CCRCs). The Catonsville, Maryland-based CCRC developer, owner and operator —- now officially called Erickson Senior Living — has committed about $3 billion in self-funding for the construction of […]
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 […]
When the pandemic hit last year and communities across the country closed their doors to the outside world, one common practice went by the wayside: multi-site staffing. In the pre-Covid days, it was common for senior living workers to move from one community to another, either within the same company or for different companies, sometimes […]
Subscribe
Receive industry updates and breaking news from SHN