The decision to move into senior living is one that takes time — time that senior living providers are often looking to shorten, especially as seasonal occupancy declines drag down operational efficiencies. But with the help of new technology, operators are hoping to significantly cut back on the time it takes for a prospect to […]
The nation’s largest developer of post-acute, transitional care facilities is set to solidify and strengthen its position with a five-year $5 billion development pipeline and a strategy that could lead to another massive deal like last year’s HealthLease sale. Indiana-based Mainstreet has an “identified pipeline” to develop $1 billion in properties each year over the […]
Recognizing that the aging U.S. population is set to drive demand to unprecedented levels, companies that have focused on other kinds of real estate now are turning to senior housing. For instance, recent months have seen multifamily mainstays Alliance Residential and Drever Capital Management enter the senior living space. While these companies are planning ambitious, […]
The fastest-growing U.S. metro is already a haven for the nation’s aging population. And it’s about to get even bigger. Florida is often considered a retirement destination for snowbirds and seniors looking to live in a mild climate. Although The Sunshine State didn’t make the top-10—or even top-20—states to retire this year, it is home […]
The number of home health mergers and acquisitions dipped to start 2015, but valuations are up and more types of buyers are vying for deals than in recent years — including senior living and long-term care players. “In the last three years, we’ve seen the long-term care companies come in,” says Mark Kulik, managing director at The […]
On the 12th floor of Chicago’s historic Merchandise Mart, you will find the sleek new digs of MATTER. The surroundings, in which tech entrepreneurs tap on laptops and chat about the progress of their ventures, may seem more Silicon Valley than senior living. But MATTER is a hotbed of innovations that could help shape the […]
Senior housing and care has attracted a growing amount of interest among investors who are are eager to capitalize on the industry’s favorable market fundamentals. Some of the top investors, health care real estate investment trusts (REITs), have been players in the space for years — but their growth strategies may soon be changing. With […]
Every industry is susceptible to change. But in senior living, no sector needs an overhaul more than skilled nursing, both from a construction and culture standpoint, says one chief executive officer. As the capital markets have shown an increased interest in senior living construction in the years following the Great Recession, it is time to […]
While senior living rides a growth wave into an innovative new era, one provider has quietly expanded its portfolio of properties to provide housing and care for seniors while keeping costs to residents low. At its helm is John Goodman, chairman of The Goodman Group, which counts 30 senior living and health care properties in eight states […]
Since its founding in 2002, Commonwealth Assisted Living has grown to become one of the major senior housing players in Virginia. The provider has expanded from three properties to 21 by pursuing an aggressive but carefully considered acquisition strategy, and has been successful in buying properties even as other small and midsize operators have been […]
