In the Pipeline: LCS Development Plans $44M Renovation in Texas; Clearwater Living Progresses in Los Angeles

In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LCS Development announces final phase of Texas CCRC expansion LCS Development announced the company will […]

Why Welltower’s CEO Uses South Park to Warn of Looming Senior Living Crisis

This article is part of your SHN+ subscription Last month, I heard something unusual on Welltower’s (NYSE: WELL) Q4 2024 earnings call: CEO Shankh Mitra referring to “underpants gnomes.” The reference came up as he was describing the “fundamental misunderstanding” that senior living developers seem to have when talking about opportunities ahead. He compared their […]

In the Pipeline: Harbert South Bay Partners Start in California; Solinity Development to Oversee 100-Acre Senior Living, Mixed Use Plan

In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Sagewood announces community expansion plans, seeks input Life plan community Sagewood has announced plans for […]

Trustwell Living Doubles Down on Data in Search of New Competitive Advantage

This article is part of your SHN+ subscription In 2025, the baby boomer generation is standing at the industry’s doorstep. Trustwell Living CEO and senior living industry pioneer Larry Cohen has prepared for this moment for decades. Cohen, who is the former CEO of Capital Senior Living – the operator now known as Sonida Senior […]

Welltower’s Blockbuster Amica Deal Shows How REITs Are Turning Up Heat in Canada

On Sunday, Welltower (NYSE: WELL) announced it is acquiring a portfolio of communities managed by Amica Senior Lifestyles in Canada for a deal equivalent to almost $3.2 billion USD. Welltower is with the deal gaining 38 “ultra luxury” communities and nine development parcels along with a minority ownership interest in its new operating partner. But […]

In the Pipeline: Benchmark Expands in Two States; Erickson Grows in Virginia

In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Benchmark Senior Living expands to New Jersey, New York Waltham, Massachusetts-based Benchmark Senior Living will […]