Serenbe is advancing its plan to create a wellness-focused community that connects older adults and other people of all ages. The company recently announced ambitions of a $1.7 billion expansion that aims to triple the planned community’s housing by 2035 and add a school, hotel, retail and commercial spaces and private homes. In an interview […]
Category: Finance & Development
Transactions Focus Healthcare Partners acquires 329-unit community Focus Healthcare Partners announced it has acquired The Harborside, a 329-unit senior living community located in Port Washington, New York. The six-story community was purchased through a bankruptcy process, according to a LinkedIn post from Principal Curt Schaller, and will be operated as a rental community. Following the […]
Sonida (NYSE: SNDA) is taking a laser focus to senior living operations by identifying and grouping communities in need of better results and providing them with more support. The Dallas-based senior living operator is in 2025 seeking to further improve operations according to CEO Brandon Ribar. The company’s average occupancy rate in the first quarter […]
The senior living industry could be “more durable” than some of its real estate counterparts in the years to come with regard to tariffs, while immigration is a bigger, longer-term issue. The impact of tariffs on the senior living industry, along with potential impacts including proposed cuts to Medicare and Medicaid and ongoing deportations, have […]
American Healthcare REIT (NYSE: AHR) is continuing to invest in its SHOP segment, with sights set on a $300 million pipeline of opportunities ahead. The Irvine, California-based real estate investment trust’s (REIT) holdings include 125 integrated senior campuses managed by Trilogy Health Services, which it fully acquired last year. The company also has 69 properties […]
Transactions Atlas acquires, renames Huntsville community Atlas Senior Living added a 93-unit assisted living and memory care property in Huntsville, Alabama to its portfolio. Following the acquisition, the community was renamed to The Goldton at Jones Farm, according to a press release. Alongside the transaction, the community is receiving technology updates through partnerships with Alexa […]
Brookdale (NYSE: BKD) is taking a “SWAT-team approach” to help boost occupancy for low-performing communities as it searches for a new CEO. Currently, 83 communities in the Brentwood, Tennessee-based operator’s total 619-property footprint carry average weighted occupancy rates between 80% and 85%, according to a recent financial filing. Another 77 properties have average weighted occupancy […]
Senior living technology company TSOLife has completed a $43 million Series B funding round led by PeakSpan Capital to fuel the company’s future expansion of its software platform and artificial intelligence (AI) goals. TSOLife will use the funding to hire 16 additional engineers and product staff to focus on the rollout of the company’s proprietary […]
National Health Investors (NYSE: NHI) has an accelerating deal pipeline at the ready as it continues to fine-tune results with its operating partners. Already this year the Murfreesboro, Tennessee-based company has invested $174.9 million, with a flurry of acquisitions since the start of the year. The company also is evaluating a pipeline of approximately $264 […]
A media company known for its Christian television programming is getting into the senior living business with a new project in Florida. A nonprofit entity formed by Trinity Broadcasting Network (TBN), the global media giant founded by televangelists Paul Crouch and Jan Crouch in 1973, has secured $134.2 million in tax-exempt bond financing for a […]
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