After a year marked by up-and-down transaction volume, senior housing real estate investment trusts (REITs) may be gearing up for a buying rebound in 2017—but don’t expect them to acquire Brookdale Senior Living (NYSE: BKD). That’s one prediction for what the year ahead will hold for the big three health care REITs, Ventas Inc. (NYSE: VTR), […]
Now announcing the full lineup of speakers for the Washington D.C. Senior Housing News Summit. The April 6th event will feature a lineup of heavy-hitters from some of the top names in the industry. Join SHN in D.C. for business insight and access to leading executives in the senior housing industry. Purchase your ticket now […]
It’s time to set the record straight: “55-plus senior living communities” are a myth. These so-called “independent living communities” are advertised as appealing to a younger demographic of seniors, with lively, fit 60-year-olds often seen playing sports and socializing in their marketing materials. Yes, these communities exist, and yes, their residents are over 55—but, in most […]
Good morning! We’re back from a three-day weekend relaxed, refreshed, and ready to see what this week has in store. Before this week gets too busy, here’s a recap of what happened last week: On Wednesday, an analyst floated the idea of a potential merger between Brookdale Senior Living (NYSE: BKD) and Holiday Retirement—but then […]
(Rendering of River Tower at Harbor’s Edge, located in Norfolk, Virginia— photo courtesy of Harbor’s Edge) Construction: Planned Upscale Retirement Community Tower Planned in Virginia Harbor’s Edge, a Life Plan Retirement Community in Norfolk, Virginia, announced it is building a new, $100 million, 27-story building. River Tower at Harbor’s Edge will add 138 luxury residences that […]
(Rendering of formal dining room at Edgemere, located in Dallas, Texas — photo courtesy of Edgemere) Construction: Planned Independent Living Building Planned in Hingham, Massachusetts Erickson Senior Living is planning a new independent living community in Hingham, Massachusetts. The 156,378-square-foot, seven-story building will add 104 independent living homes to the already-established Linden Ponds. Willard Square will also […]
Carolina Bay at Autumn Hall isn’t just for seniors. The continuing care retirement community (CCRC), located in Wilmington, North Carolina, is part of a larger, integrated master planned community and contributes to the intergenerational living in this area. The CCRC sits on 17 acres and is only about three miles from one of the nicest beaches […]
Capital Senior Living Acquires Two Facilities for $56 Million Capital Senior Living Corp. (NYSE: CSU) has acquired two assisted living communities for $56 million. The communities were previously owned by Keystone Senior. The sale of the properties was facilitated by Stephen Snider, an independent senior housing broker. Snider represented Keystone Senior LLC. Joint Venture Acquires […]
Last year was busy for health care M&A, with $71.7 billion worth of deals recorded nationwide. Out of all health care sub-sectors, long-term care had the biggest year in terms of deal volume and deal value, according a newly released PricewaterhouseCoopers (PwC) report. The long-term care sub-sector included skilled nursing facilities and private pay senior living options. […]
American House Senior Living residents weren’t always composers, performers or patrons of the arts—but through a partnership with local orchestras, many of the residents can now call themselves all three. Bloomfield, Michigan-based American House, which has around 40 senior housing communities in Michigan, Illinois and Florida, has partnered with the Detroit Symphony Orchestra (DSO), Grand Rapids Symphony […]
