3 Covid-19 Predictions for Senior Housing: Occupancy, Pandemic Duration, Industry Recovery

The senior housing industry is facing steep challenges that shift each day as the Covid-19 pandemic spreads and the nation’s response evolves. In this dynamic environment, making predictions could be a fool’s errand, yet owners, operators and investors are seeking some basis around which to craft strategies. With this in mind, here are three scenarios […]

Senior Living Capital Markets at ‘Peak Volatility,’ But Sector Has Advantages

The Covid-19 pandemic has created an environment of peak volatility for senior living, but the industry’s need-based, recession-resilient components open it up to available sources of liquidity. And as a real estate class, it is far more stable than other product such as retail and hotels. Already, lenders are retreating to the sidelines, becoming extremely […]

Transactions & Financings: Covid-19 Market Instability Halts About $325M in Acquisitions

Columbia Pacific-Singapore Press Holdings Canadian portfolio deal Columbia Pacific Advisors and Singapore Press Holdings mutually agreed to terminate a previously announced sale of a six-property, 717-unit Canadian senior housing portfolio due to global market instability stemming from the Covid-19 pandemic. The acquisition price was about $175 million, Deal Street Asia reported Wednesday. Singapore Press Holdings […]

Transactions & Financings: Aon’s $30B Willis Towers Watson Merger; Ventas Closes $700M Perpetual Life Vehicle

Ventas closes $700M perpetual life vehicle Ventas (NYSE: VTR) closed its new life science and health care real estate fund, a perpetual life vehicle that focuses on investments in North American core and core plus life science, medical office and senior housing real estate. The fund has more than $700 million in assets under management […]

‘Let’s Throw Out the Rulebook’: Avamere Shapes Ovation Brand for Resident of Tomorrow

If Nicolette Merino is right, tomorrow’s older adults won’t actually want to move into senior living communities — or at least, not as they exist today. That may seem like a surprising notion coming from the president of Avamere’s Ovation senior housing brand. But it actually illustrates one of the brand’s core strategies: to attract […]

Transactions & Financings: Columbia Pacific’s $177M Canadian Portfolio Sale; New Senior’s $270M Refinancing

Columbia Pacific sells Canadian portfolio for $177M Columbia Pacific Advisors is selling a six-property Canadian senior housing portfolio to Singapore Press Holdings for $176.6 million (C$232.9 million). The properties total 717 units and include: Heritage Meadows Gracious Retirement Living, an independent living community in Cambridge, Ontario The Bradley Gracious Retirement Living, an independent living community […]

Tech, Development Trends Help Bridge Middle-Market Senior Housing Gap

While the senior living industry grapples with how to meet the massive future demand for middle-market senior housing expected to grow over the next decade, the present is less grim than the past for seniors navigating their housing options, particularly in urban environments. Technology has made it possible for seniors to have meals and groceries […]