Blue Moon Capital Partners Forms New Development Joint Venture in Northville, Michigan Senior housing private equity investor Blue Moon Capital Partners announced Sept. 14 that it closed on a $52.5 million development joint venture with The Damone Group and its affiliates for the development of a 180-unit independent living, memory care and assisted living campus […]
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This week, SHN readers caught up on one of the biggest industry acquisitions as of late and were eager to learn more about the implications for REITs following the news that the Federal Reserve would not change its policies to raise target interest rates. Other top stories of interest involved a new entrant to the senior […]
Transactions are booming and investment dollars have been pouring into the senior living industry, but the Federal Reserve may be moving closer to raising its federal funds rate target by the end of the year—and a decision could come as soon as this week, at its Federal Open Market Committee meeting. Such a move could send a ripple through the […]
The senior housing real estate sector is experiencing historically high investment rates, high valuations and low cap rates, according to a recent report released by Brown Gibbons Lang & Company, a middle market investment bank based in Cleveland. The report, Healthcare Real Estate: Volume & Valuations Influenced by “Perfect Storm” Conditions, found that occupancy rates were steady in […]
Ventas Spin-Off Announces First Acquisition Care Capital Properties Inc. (NYSE: CCP) has announced the completion of its first acquisition since it officially spun off from Ventas Inc. (NYSE: VTR) last month, a transaction valued at $210 million. The acquisition includes eight skilled nursing facilities and one assisted living facility in Shreveport, Louisiana, according to a news release. As […]
When it comes to the view from the C-Suite, senior living leaders inevitably see a mixed landscape. While they may take heart from favorable demographics and other large-scale trends, they also perceive threats to long-term success. One of these threats, in the estimation of some prominent executives, is the deep reluctance of seniors in the United […]
Whether it’s hiring executive chefs from the Ritz Carlton or serving different flavors of gelato for 365 days straight, providers are betting big on dining to keep communities full. Senior Housing News analyzed the industry’s dining landscape and found the days of buffets and institutional settings are over. In today’s market, providers are delivering a […]
With a new pure-play real estate investment trust on the hunt for acquisitions and public policy providing tailwinds for the sector, it appears that a flurry of transactions could bring significant consolidation to the skilled nursing industry in the near future. And with $100 billion of skilled nursing assets currently in private hands, according to […]
Fears of oversupply have driven the conversation around senior housing in recent weeks, but commercial real estate professionals still believe market fundamentals are strong and find senior housing to be a highly attractive investment, according to research findings released Thursday. The research, conducted by the National Investment Center for Seniors Housing and Care (NIC) and the National […]
Cutting-edge tech startups are zeroing in on seniors: So far this year, startups addressing the health of people 50 and older have received $1.3 billion in funding, generating buzz about the “Airbnb for seniors” and “Uber for home care.” For home health and senior care providers, some of these new technologies hold promise for improving […]
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