It’s no secret that senior housing has seen an increase in multi-family real estate players entering the space. Drawing many outside investors are attractive investment returns — with senior housing outperforming other asset types in commercial real estate even during the recent economic downturn, according to the National Investment Center for Senior Housing (NIC). And […]
Health Care REIT (NYSE: HCN) made some big moves last year and they’re paying off, as the second-largest health care real estate investment trust boasted a record year of earnings and “phenomenal” 7.3% growth in its senior housing operating portfolio. Its performance is driven, in part, by its bullish outlook on the post-acute care segment, […]
While the senior housing industry has given way to a plethora of niche communities that cater to various facets of life, a particular lifestyle model is rising to the top with style—one that has a California senior housing operator eyeing significant opportunity following its launch of a high-end community serving lesbian, gay, bisexual and transgender […]
Construction: Planned Evangelical Lutheran Good Samaritan Society to Build New Memory Care Center South Dakota-based not-for-profit provider The Evangelical Lutheran Good Samaritan Society is expanding the service offerings at its Prairie Creek senior living campus in Sioux Falls, S.D. Plans are to build a 32-unit assisted living center to care specifically for residents with memory […]
Nobody knows the ebbs and flows of the economy like Eugene, Oregon-based Waterford Grand. Looking at the community today — with its elegant finishes, upscale amenities and a fresh design perspective — you may not know it has been more than seven years in the making. While the economic downturn forced Waterford Grand’s development team […]
Love Funding Secures $13.6M Refinancing For Calif. Affordable Senior Housing Love Funding closed a $13.6 million refinancing loan for Sunset Normandie Towers, a 148-unit Section 8 senior living facility in Los Angeles, Calif. The financing was secured by Senior Director Artin Anvar of Love Funding’s Washington, D.C. office through the U.S. Department of Housing and […]
One year after the successful launch of its first community, All American Assisted Living, an affiliate of Kaplan Development Group, LLC, is eyeing a 20- to 30-property pipeline of its affordable senior housing model. Its second All American community, located in Raynham, Mass., is expected to open in April 2015. Another three properties are in […]
Following the success of a previous capital fundraising campaign that already raised just north of $1 billion, CNL Healthcare Properties is doubling down with plans to raise an additional $1 billion this year to acquire and develop senior housing and health care properties nationwide. The Orlando, Fla.-based non-traded real estate investment trust (REIT) last week […]
Construction: Planned NHI, Bickford Senior Living Breaking Ground on Five New Projects National Health Investors, Inc. (NYSE: NHI) last week announced that its joint venture with Olathe, Kan.-based operator Bickford Senior Living will develop five senior housing communities in Illinois and Virginia. Each community will consist of 60 private-pay assisted living and memory care units […]
Real estate investment trust HCP Inc. (NYSE: HCP) is undeterred by recent lackluster results from Brookdale Senior Living (NYSE: BKD), and is growing its continuing care retirement communities joint venture with the provider, company officials said in an earnings call Tuesday. A $1.2 billion strategic joint venture with Brookdale Senior Living (NYSE: BKD) was the […]
