Ventas Looking to Sell 8-Property Atria Portfolio Valued at $400M

Ventas (NYSE: VTR) is pitching for sale a portfolio of eight Atria Senior Living communities in six states, at a value of about $400 million. That’s according to real estate publication Real Estate Alert, which cited recent marketing materials in its reporting. Ventas confirmed to Senior Housing News that the communities are being marketed for […]

Brookdale Offers Glimpse of $330 Million in Renovations, Expansions

Brookdale Senior Living (NYSE: BKD) is offering a new glimpse of its recent renovations, redesigns and expansions — including an effort to meet the growing demand for memory care services. The Brentwood, Tennessee-based company has completed more than 650 such projects since January, 2018, representing an investment of about $330 million in almost 300 U.S. […]

Harrison Street Acquires Portfolio of 11 Brightview Communities

Real estate investment firm Harrison Street is expanding its relationship with Brightview Senior Living. The Chicago-based company announced Wednesday it acquired an 11-community portfolio managed by Brightview. The portfolio comprises 1,322 units in independent living, assisted living and memory care properties across Maryland, New Jersey and Massachusetts. All of the communities are stabilized, with an […]

Pickleball Mania Makes It a Must-Have Amenity in Senior Living

As the sport’s popularity surges, adding pickleball facilities could be a competitive advantage for senior living providers courting tenants. Pickleball combines elements of tennis, ping pong and badminton, and is one of the fastest growing sports in the U.S. Nearly 3.1 million Americans play pickleball, according to the USA Pickleball Association’s 2019 pickleball fact sheet. […]

Announcing the Winners of the 2018 SHN Architecture & Design Awards

New development and rehabilitation of senior living projects continues in earnest as evidenced by the entries for the 2018 Senior Housing News (SHN) Architecture & Design Awards. With more than 90 communities participating, SHN is pleased to announce the winners of this year’s awards. Senior living communities nationwide submitted their communities for consideration in the […]

Demand Grows, Challenges Increase for Senior Housing in Low-Density Markets

The coming wave of aging baby boomers will present several challenges to a senior living industry already struggling to meet the demand of seniors who cannot afford market rate independent living, assisted living or memory care. In particular, the population of older adults is quickly growing in low-density areas where it’s especially difficult to build affordable senior living projects. […]

Providers Rise to New Standards for LGBT Senior Living

Head north on Halsted Street in Chicago’s Boystown neighborhood—just one block of Wrigley Field—and you’ll see it: a modern, multi-unit residence decked in green and blue hues. No, this isn’t a new condominium for the city’s young, urban professionals, but rather an affordable housing unit that has become a haven for the city’s low-income older […]

Growing Senior Living Operator Sees Benefits in Skilled Care

Operating a continuing care retirement community (CCRC) generally requires the full continuum of senior living services, from independent living to long-term senior care. But amid troubles in the skilled nursing marketplace, some senior housing operators have moved away from skilled nursing facilities (SNFs) entirely. Others, meanwhile, have said that if they could go back in time, they […]

Sunrise Introduces New ‘Sunrise Villa’ Branded Communities

(Sunrise Villa Bradford, photo via Sunrise Senior Living) Sunrise Senior Living is positioning seven newly acquired properties in California under a different brand name. “Sunrise Villa” now adorns communities in Santa Rosa, San Jose, San Ramon, Salinas, Sonoma, Placentia and Los Angeles, the McLean, Virginia-based company said in a July 31 press release. Currently, Sunrise operates 320 […]