The shift from building communities with only one level of care to building with an entire continuum of care seems like it could be here to stay in senior living. Dynamic pricing, which some providers have touted as a more effective and technologically sophisticated way of setting rents, is most likely on its way out. […]
Category: Finance & Development
Memory care has emerged as an embattled front in Five Star Senior Living’s (Nasdaq: FVE) ongoing effort to boost its sagging senior living occupancy. For the fourth quarter of 2017, Five Star logged $279.2 million in senior living revenue, which represents a 0.6% decrease from the $281 million it saw for the same period in […]
One non-profit senior living provider is building a line of co-op housing, hoping to attract younger residents and expand its portfolio while escaping labor market pressures. Shoreview, Minnesota-based Ecumen is steadily rolling out a plan to build three senior co-ops annually under its new “Zvago” brand, the Minneapolis/St. Paul Business Journal first reported. The provider’s first such […]
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 Koelsch Communities to Build $70 Million Community in Washington Koelsch Communities is set to […]
HFF Advises on $115 Million Financing for Seattle Senior Housing Development Holliday Fenoglio Fowler, L.P. (HFF) has advised Columbia Pacific Advisors on the $114.69 million financing for a luxury, high-rise senior housing property in Seattle. The 24-story property—620 Terry—will offer 243 Class A residential units comprising 194 independent living units, 21 assisted living units and 28 […]
The next couple of months may bode well for occupancy at continuing care retirement communities (CCRCs), but not so much at independent or assisted living communities. That’s according to the latest Seniors Housing Research Report from real estate services firm Marcus & Millichap (NYSE: MMI). In the first half of this year, independent living occupancy […]
Going forward, Chinese investors may be a lot more active in U.S. seniors housing. That’s because there’s an “intense appetite” among Chinese capital providers for U.S. senior housing assets, John Stasinos, managing director-healthcare at private equity firm Cindat Capital Management, said last week at the National Investment Center for Seniors Housing & Care (NIC) Spring […]
Frontier Management is betting on careful, methodical growth to help it hit 100 communities by 2020. The Portland, Oregon-based company is growing its footprint in California, Florida, Georgia, Texas, Nevada, Tennessee and even Hawaii, according to Greg Roderick, the senior housing provider’s president and CEO. “I’m turning 50 in a couple of weeks, so it’s not […]
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 Hunt Midwest Planning New Projects in Florida and Tennessee Hunt Midwest Real Estate Development […]
Mainstreet, one of the largest developers of post-acute properties in the United States, is having a rocky launch for its Rapid Recovery Center offering. One year ago, Mainstreet’s plan was to open 11 Rapid Recovery Centers over 18 months, in Arizona and Texas. Now, the Carmel, Indiana-based company has decided to pull out of the […]
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