It’s the end of an era for A Place for Mom (APFM). The company’s previous investor, Warburg Pincus, is selling the senior living referral service for an undisclosed price to global growth equity firm General Atlantic and technology investment firm Silver Lake, both of which will own equal stakes in the Seattle-based company once the […]
Category: Senior Housing
Download your complimentary white paper here. Recent years have been busy in the senior housing industry. Existing owners have pursued growth opportunities while new players continued to invest. In Q1 2017 alone, senior housing transaction volumes hit $4.4 billion. Current data indicates some markets are either stabilizing or being overbuilt. In other markets, supply is […]
Senior housing stakeholders have understandably been on high alert this year, as concerns around overbuilding seem to grow by the day. These concerns, however, may be overblown. In fact, capital is plentiful and can potentially offset any negative effects of overbuilding, according to the Spring 2017 Seniors Housing Market Report from Chicago-based global commercial real estate […]
Harrison Street Real Estate Capital just announced another billion-dollar fund, which will be used in part on senior housing investments. The Chicago-based private equity firm recently closed its sixth U.S. opportunistic real estate fund at $950 million in equity commitments, according to a press release. Additionally, the firm raised $205 million of equity capital in co-investment […]
Some non-profit continuing care retirement communities (CCRCs) need to trim the fat and raise rates if they want to thrive—or survive. The issue is with commonly used pricing practices, according to Joe Mulligan, managing director at investment banking firm Cain Brothers. Mulligan co-authored a recent report titled “Beyond Blue Plate Specials: Rethinking Senior Care Pricing” that details […]
A federal judge has permanently dismissed a $35 million lawsuit involving the nation’s largest senior housing provider, marking the end of a years-long legal dispute. The June 22 dismissal lays to rest a whistleblower case brought by former Brookdale Senior Living (NYSE: BKD) employee Marjorie Prather, who was originally hired to review documentation related to clients who had received […]
Older adults might now have a little extra spending power when looking for new senior housing. Homeowners ages 62 and older saw their home equity rise to $6.3 trillion in the first quarter of 2017, up from $6.13 trillion in the fourth quarter of 2016 and the highest its been since at least 2000, according […]
Senior housing operators are beginning to rethink how they furnish their communities to best accommodate increasingly unhealthy residents and impress hard-to-please staff—all without compromising on style or breaking the bank. That’s according to Debbie Breunig, vice president of health care at KI. The furniture company, which is based in Green Bay, Wisconsin, recently showcased several of […]
Download here Recent years have been busy in the senior housing industry. Existing owners have pursued growth opportunities while new players continued to invest. In Q1 2017 alone, senior housing transaction volumes hit $4.4 billion. Current data indicates some markets are either stabilizing or being overbuilt. In other markets, supply is still not meeting the […]
Today’s 55-plus communities look a lot different from those of years past. In fact, today’s age-restricted, 55-plus communities are increasingly wellness-oriented and less isolated than ever before, according to new reports in The Washington Post and the Los Angeles Times. Now, it’s less common to see a 55-plus community being built in a fairly remote location, […]
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