Denver Development Holds Special Appeal for Jewish Seniors, Suggests Promise of Niche Communities

A senior living development underway in Denver holds the potential to become a niche community for Jewish older adults. In so doing, it could showcase why serving particular demographic groups could become a more prevalent play for senior living providers in the years to come. The 205-unit, $97 million project is dubbed Hilltop Reserve because […]

Active Adult Must Balance Light Staffing, Strong Programming to Succeed

Programming separates active adult from simple age-restricted multifamily communities. But it can be a challenge to come up with engaging activities for active adult residents, especially given the limitations in staffing and budget for these operations. One solution is to program communities with a mix of resident-led and provider-led activities. That way, residents will still […]

Discovery Senior Living’s Big Year Continues with Memory Care Overhaul

Discovery Senior Living had a landmark year in 2019, hiring its first COO, making strides on an “experiential living” model, and striking major deals with real estate investment trusts Welltower (NYSE: WELL), HCP (NYSE: HCP) and NHI (NYSE: NHI). Memory care has been another major focus, and the Bonita Springs, Florida-based provider recently announced that […]

Transactions & Financings: Welltower’s $850M JV; Acts Acquires New Corporate HQ

Welltower, Invesco Announce $850M Joint Venture Welltower Inc. (NYSE: WELL) and global real estate manger Invesco Real Estate (“Invesco”) announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet. The portfolio was previously wholly owned by Welltower. The properties are 100% affiliated with health systems […]

Announcing the Nominees for the 2019 SHN Architecture & Design Awards

Senior Housing News, an Aging Media Network publication, is pleased to announce that over 100 entries have been submitted to the 6th annual Senior Housing News (SHN) Architecture & Design Awards, sponsored exclusively by senior living furniture provider Kwalu. (http://www.shnawards.com). Communities across the country and globe submitted new construction and renovation projects, vying for top […]

Behind the Scenes of Watermark’s $330M Landmark Brooklyn Redevelopment

One of the highest-profile adaptive reuse senior housing developments is on pace for a spring 2020 opening, and the companies involved have started to showcase what they are bringing to market. The Watermark at Brooklyn Heights is transforming the landmark 16-story Leverich Towers Hotel in Brooklyn into 275 units — 204 assisted living, 42 memory […]

Senior Housing, Multifamily Developers Vie for Control of Active Adult

As interest in the active adult apartment rental product rises, it is becoming something of a no-man’s-land, with both senior housing operators and multifamily developers attempting to stake their claim to the lucrative, promising space. According to new data and a new report from Senior Housing News, senior housing operators have no question as to […]