For years, one big question has plagued the active adult senior living sector: What exactly is it? That question now has an answer thanks to a new and significant report from the National Investment Center for Seniors Housing and Care (NIC). The report from NIC MAP Vision, released on Thursday and years in the making, […]
Last week, news broke that entrepreneur Adam Neumann — of WeWork fame, or infamy — now wants to transform residential real estate. And he has $350 million from Andreessen Horowitz backing his venture, dubbed Flow. Details about Flow are sparse, and WeWork’s tailspin made Neumann look more like a pariah than a visionary. Still, I […]
An Iowa-based developer of senior housing cooperatives is looking to expand into neighboring states with a new twist on a decades-old model. The company, Pella, Iowa-based Ewing Properties, has 11 senior housing cooperatives in the state under its Vintage Cooperative brand. Like other kinds of senior housing co-ops, residents in Vintage Cooperative communities don’t rent […]
Financings Ziegler Closes on $197M for Construction, Development Ziegler announced the successful closing of $197.7 million in Series 2022 Bonds that will be used for acquiring, developing and building a Texas-based senior living community for Forefront Living. Formerly known as Forefront Living Plano, the Outlook at Windhaven Forefront Living is a planned senior living community […]
Lloyd Jones Senior Living announced David Grady as president of its senior living brand, Aviva, where he will be tasked with the smooth integration of new additions to the portfolio. A senior living veteran, Grady served as divisional vice president with Elmcroft Senior Living and as president with both Somerby Senior Living and Bridge Senior […]
Senior care nonprofit Tabitha is going big on intergenerational senior living as part of a new senior living community in the works. Tabitha in March broke ground on a new community in Lincoln, Nebraska, called InterGenerational Living Community, or InterGen for short. As planned, the $26 million active adult community will include 128 units and […]
Digital advertising continues to be an important piece of senior living operators’ sales and marketing strategies– but how they are marketing to residents has evolved in 2022. Unlike in the early days of the pandemic, senior living operators now have an effective playbook for reaching older adults that includes more than just emails and Zoom […]
Acquisitions Lloyd Jones Acquires Historic Connecticut Community Lloyd Jones announced it has acquired Hamilton Heights, marking the company’s fourth senior housing purchase since February. The community will operate under Lloyd Jones’ Aviva brand under the banner of AVIVA West Hartford Hamilton Heights — a 113-unit senior living community in West Hartford Connecticut — was formerly […]
Welltower (NYSE: WELL) has entered into a definitive agreement to purchase a 25-property senior apartment portfolio from real estate firm Calamar for $502 million. The communities are located on the East Coast and in the Midwest, and carry average monthly rents of $1,300 per unit and an average resident length of stay above five years, […]
Investors are again showing interest in senior living after a cooldown during the pandemic — and Capitol Seniors Housing Managing Partner and Founder Scott Stewart sees plenty more dollars left to be deployed into the industry. As he looks across the sector, he sees “billions and billions of dollars” of equity on the sidelines waiting […]
