The number of publicly announced senior housing transactions fell sharply this year, and the pandemic is the big reason why. There were just 77 such deals in the first quarter of 2021, according to new acquisition data from Irving Levin Associates. That’s 39% lower than the 127 transactions recorded in the fourth quarter of 2020, […]
Merrill Gardens has launched a new sub-brand tailored for the middle market after more than a year of internal planning and brainstorming with focus groups. The Seattle-based operator is rolling out the brand, Truewood by Merrill, at 23 communities in 13 states across the U.S., almost all of which were included in the company’s joint-venture […]
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Diversified Healthcare Trust (Nasdaq: DHC) has struck an agreement with Five Star Senior Living (NYSE: FVE) to transition 108 senior living communities to other operators by the end of 2021. The senior living operator will also close and reposition the skilled nursing units in all of the continuing care retirement communities (CCRCs) it manages for […]
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. In progress Restoration to Hold Ribbon-Cutting […]
When the pandemic hit last year, many senior living operators relied on communication and marketing to win the trust of current and prospective residents and their families. But even if operators agree transparency makes the best policy, it’s not always clear what they should say, or how they should say it. Four senior living operators […]
Demand in the senior housing industry has withstood the pressures of Covid-19, and if current trends are any indication, the U.S. economy is ready to heat up, according to Debra Cafaro, chairman and CEO of Ventas (NYSE: VTR). “I think we are poised for a breakout to the upside in the economy,” Cafaro said Tuesday […]
Senior living providers will need to come up with a new playbook to attract the baby boomers in the post-pandemic world — and boutique hotels could provide a roadmap for that reinvention. Just ask Danette Opaczewski, executive vice president of resident experience and COO at Revel Communities, the senior living brand of The Wolff Company. […]
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. Planned Vi Community in Florida Plans […]
Move-ins for Capital Senior Living’s (NYSE: CSU) senior living communities are on track to hit a two-year watermark in March, signaling to the company’s executives that senior living demand is on the mend. At the same time, 87% of the company’s residents are fully vaccinated, and the company expects to finish out the rest of […]