In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Kisco, Welltower CCRC in North Carolina to Build Senior Living High-Rise The Cardinal at […]
Medicare Advantage (MA) plans will be able to offer a new type of benefit starting next year, which could be a game-changer for senior living. It could create a new revenue stream for providers while also making them more important players in the U.S. health care system overall. Yet, there are still important questions to […]
An Evangelical church in Canada is planning to break ground this August on a towering “life lease” community for older adults. The $140 million project from Toronto-based Global Kingdom Ministries—Trinity Ravine Towers—is yet another example of the strong demand for high-rise senior living communities in the U.S. and Canada. Similar projects are going up in and […]
Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Focus Property Group, Ascent Living Planning Denver Community Property investor and developer Focus Property Group […]
There may be light at the end of the tunnel for the senior living providers struggling to keep beds filled. Senior housing occupancy rates could stabilize this year, with the potential for occupancy growth beginning in late 2018 or early 2019, according to a new “Seniors Housing and Health Care Market Outlook” report from investment banking […]
HumanGood has gained industry attention for its plans to reinvent the continuing care retirement community (CCRC), but the large nonprofit provider has even grander ambitions when it comes to senior living innovation. This year, it plans to hire an executive to focus on its wide-ranging innovation efforts, which include creating a prototype offering for the […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Avamere to Bring ‘Micro CCRC’ Concept to Nebraska The Avamere Family of Companies has […]
by Jeremy S. Herman, CPA, Tax Partner with Plante Moran The Tax Cuts and Jobs Act (TCJA), which passed just a few days before the close of 2017, is a significant piece of legislation and affects nearly everyone in the senior housing industry—no matter the size, specialty, market or corporate structure. As with any tax […]
New tariffs on steel and aluminum could throw a wrench into some senior living development plans and drive prices higher in an already costly construction landscape. The measure, which U.S. President Donald Trump unexpectedly announced earlier this month, is slated to go into effect on March 23. It would impose a 25% tariff on steel imports and […]
