Onelife Senior Living is nearing the official launch of its seventh community, and looking ahead, the company has more growth planned beyond that. The 103-suite senior housing community located in Springfield, Oregon, dubbed The Esther at Riverbend, has been in the works since Onelife began acquiring parcels of land for the community in 2017, according […]
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Transactions Helios arranges $9 million bridge-HUD loan for Texas senior housing provider Helios Healthcare Advisors announced on Sept. 12 that is has arranged a $9 million bridge-HUD loan for an unnamed Texas senior housing provider. The loan is part of an initiative to “recapitalize the borrower’s” 12-location portfolio, and the loan will be used for […]
With a nationwide search for a CEO still underway, senior living non-profit Kendal Corporation is both going back to its roots and branching out into new areas as it gears up for its next chapter. Last December, Kendal announced that then-CEO Sean Kelly was leaving the Newark, Delaware-based organization to join Front Porch Communities. Since […]
Brookdale Senior Living, Atria Senior Living and LCS have maintained their top three positions as the country’s largest senior living operators, according to Argentum’s 2023 Largest Providers Report. The report, released Sept. 14, ranks U.S. senior living operators on a variety of self-reported metrics, including total units and total employees. It also showcases some of […]
This article available as part of your SHN+ membership All signs point to 2024 being another banner year for the growth in the active adult sector, judging by recent news. Among the active adult-related headlines and storylines from the last few weeks, a few featured Greystar. Thanks to its sizable active adult portfolio, the company […]
Investment firm Land & Buildings has once again expressed displeasure over the performance of Ventas (NYSE: VTR) and its senior living portfolio. In an open letter to Ventas shareholders, Land & Buildings Founder Jonathon Litt highlighted his grievances against the management of Ventas, including how it has “failed to outperform the Healthcare REIT Index,” its […]
In the years before the pandemic, the senior living industry was slow on the draw with regard to the use of new technology. But the challenges of the last three years have led to big tech advances in areas including automation and telehealth — and operators are just getting started. Some of the biggest recent […]
Experience Senior Living has reached an operational and growth milestone for its management platform, and now the company is looking ahead to its next phase of expansion. The Denver-based senior living operator — which is affiliated with NexCore Group, one of the largest health care real estate investors and developers in the country — is […]
Priya Living has officially revealed the first community in the company’s plans to expand its model overseas, with expats living in the U.S. as the company’s primary target audience. The company on Tuesday announced Priya Flower Valley, a 42-unit community set to open this November in the Flower Valley township in Gurgaon, India. As planned, […]
Life plan communities are continuing to see higher average occupancy than the rest of the senior living industry in 2023, according to a new analysis. . Total occupancy for the life plan community sector, which includes for-profit and not-for-profit communities, surpassed the rest of the industry in independent living, assisted living and memory care, according […]
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