Leaders with Ventas (NYSE: VTR) said the company is in a “strong position” to grow its senior housing operating portfolio, given the demand upside at the industry’s doorstep. The Chicago-based real estate investment trust (REIT’s) 638-community SHOP segment grew NOI nearly 16% on a same-store basis in 2024, representing a third consecutive year of double-digit […]
Welltower (NYSE: WELL) has in the last 45 days closed or is under contract on a pipeline of $2 billion, representing 27 transactions, mostly in senior living – a pace that CEO Shankh Mitra said he’s never seen in his almost decade with the company. The transaction volume underscores the company’s position as “the preferred […]
Capital providers old and new are eyeing the senior living industry with interest, and they are searching for new opportunities to put their money to work – that’s the good news, according to Kai Hsiao, CEO of Senior Living at Keppel Capital. The bad news is that debt and financing are still “TBD” and obstacles […]
Transactions Blueprint sells 222-unit SNF Blueprint was contracted by nonprofit The Trousdale Foundation for the off-market sale of Westmoreland Health and Rehabilitation Center in Knoxville, Tennessee. The facility was originally built in 1959 and experienced a census drop caused by the Covid pandemic. According to a press release, a “growing regional provider” was selected as […]
The senior living industry is on the cusp of demographic-driven demand that could spur above average revenue growth through 2029. That’s according to a recent report published by commercial real estate advisory firm Green Street. The report forecasts that market revenue per available foot (RevPAF) will increase to around 5.5% through 2029 as accelerating demand […]
A favorable supply-demand landscape for senior housing and an “active” pipeline of investment opportunities represent tailwinds for Omega Healthcare Investors (NYSE: OHI) in 2025, according to the company’s leaders. The Hunt Valley, Maryland-based real estate investment trust (REIT) reported that its 17 communities managed by Maplewood Senior Living were as of the fourth quarter of […]
Two veterans of the senior living financing sector have launched a new company aimed at offering senior care financing options to senior living providers. Jason Dopoulos and Ken Gould founded the new company, which is dubbed Ikaria Capital Group. The new finance firm will be based out of Cleveland, Ohio, initially with 15 staff members […]
The senior living industry spent the better part of the weekend and Monday bracing for tariffs that, at least for now, seem to be on hold. But the reaction of senior living operators, developers and industry associations underscore the unclear current outlook for senior living development in 2025, and come at a time when many […]
Transactions Ascent Living Communities acquires memory care community Ascent Living Communities added High Plains Crossing to its portfolio. Following the acquisition, Ascent’s portfolio now comprises more than 750 senior living units providing independent living, assisted living and memory care options. According to a press release, Ascent will implement its highly focused and proven “Touchpoints Memory […]
Rebrand NIC MAP announces rebrand Data analytics platform NIC MAP Vision has announced a rebrand and new logo to NIC MAP. According to a press release, the change “reflects the company’s ongoing commitment to providing purpose-built, market-specific data and advanced intelligence exclusively for senior housing operators, investors, developers, lenders, healthcare providers and vendors.” “Through ongoing […]
