Construction: Planned Chamberlain Senior Care Buys Land for $15 Million Senior Housing Campus Cincinnati-based Chamberlain Senior Care, LLC, recently announced that it has acquired a 14.8-acre property in eastern Jefferson County in Louisville, Ky.—a site that will be home to what the company promises to be a “cruise ship on land.” The Jefferson County Board […]
The ongoing economic rebound in the United States should fuel growth in the senior housing sector through the remainder of 2015, and independent living and continuing care retirement communities are set to lead the way in terms of occupancy. That’s according to a recently released report from real estate investment, financing and research firm Marcus […]
Senior housing providers are breathing easier and expressing support for California Governor Jerry Brown, who recently vetoed a bill that would have increased regulations on continuing care retirement communities (CCRCs) and impacted business models. Brown vetoed the bill on October 11. The bill would have changed the way CCRCs repay entrance fees to residents […]
A behemoth in the world of real estate investment has decided to get serious about the senior living space. AIG Global Real Estate (AIG) has entered into a joint venture with Atlanta-based senior living operator First & Main to integrate the development, ownership and operational components for a new brand of independent living, assisted living and […]
On the heels of Hunt Mortgage Group’s first loan in the senior living sector—a two-year, $8.85 million bridge loan to refinance Autumn Leaves of Rockwall, an assisted living facility in Texas—the firm has outlined its vision for a future in the space through its Proprietary Loan Group, the company’s new balance sheet lending platform launched […]
It’s no surprise that leaders in the senior housing sector are worried by the specter of rising interest rates—but it may be less obvious why a flow of new capital into the industry is also a top cause for concern. Yet, the capital influx is indeed a major source of anxiety right now, according to […]
The senior housing market set a new record for the number of mergers and acquisitions in the third quarter of 2015, with 87 publicly announced transactions, according to the latest figures from market intelligence firm Irving Levin Associates Inc. The number of M&A deals outpaced the third quarter of 2014 by 2%. It was a […]
(Rendering of SilverCreek on Main – Ryan Companies US, Inc. and SilverCrest Properties, LLC ) Construction: Planned Riverwood Retirement Management to Expand John Knox Village of Central Florida CCRC Orange City, Fla.-based Riverwood Retirement Management, Inc. will break ground in the next few weeks on an expansion project at John Knox Village of Central Florida, a […]
National Health Investors (NYSE: NHI) will not be “changing its stripes,” but its new CEO is aiming for growth by putting boots on the ground in new regions and being more proactive about opportunities in the real estate investment trust’s own backyard. Portfolio diversification is another goal, as the new leader is exploring what he terms […]
Silver Arch Closes $4.75 Million Loan for Michigan Assisted Living Facility Silver Arch Capital Partners, a New Jersey-based private lender to the commercial real estate market that specializes in alternative lending, closed a $4.75 million loan for Belle Oakes Living Center, an assisted living facility in Lake City, Michigan. The owners of the facility will […]
