Aegis Pilots Wellness Program in ‘Grand Experiment’ at New Community

Aegis Living is piloting a resident-centered wellness program at its newest senior living community in a sign of things to come for the company’s entire 33-property portfolio. Under the new pilot, Aegis residents will work with the community’s staff to personalize their wellness plans according to their own health priorities. For instance, a resident who […]

Increased Hiring Challenges, Staff Burnout Could Hamper Senior Living Providers in 2021

Covid-19 exacerbated an already tough hiring environment for senior living providers over the past year. Now, as the industry nears a post-pandemic environment, it is uncertain if providers will be able to recruit available workers — a challenge that may become harder if hospitality and other industries hard hit by Covid-19 experience quick rebounds. Sign […]

How Aegis, Grace, Juniper, Knollwood Built Winning Marketing and Communication Campaigns During Covid

When the pandemic hit last year, many senior living operators relied on communication and marketing to win the trust of current and prospective residents and their families. But even if operators agree transparency makes the best policy, it’s not always clear what they should say, or how they should say it. Four senior living operators […]

The Battle for Senior Housing Occupancy is About to Begin

During our recent virtual Sales Summit, Oakmont Senior Living COO Matt Stevenson said something that caught my attention: “When we look in most markets, we’re hovering around 10% to 11% penetration … to fully recover as an industry, we’ve got to get that to 15% levels.” His point was that, with the vaccine rollout enabling […]

Transactions & Financings: PGIM’s $222M Financing for Aegis; Healthpeak Prices $1.45B in Notes

Earlier this month, Aegis Living and its joint venture partner, Blue Moon Capital Partners, acquired 10 assisted living and memory care communities from Healthpeak Properties (NYSE: PEAK) for about $350 million. The deal was facilitated in part by a $222 million Fannie Mae credit facility arranged by PGIM Real Estate. The 10-year interest-only loan is […]

JLL Closes 16-Property Senior Housing Sale, Expects $600 Million in Q1 Volume

JLL recently closed the sale of a 16-property senior living portfolio and is on track to log more than $600 million in sales this quarter. The 16 properties were previously owned by a publicly traded real estate investment trust (REIT) and were acquired by a non-traded REIT, Mike Garbers, managing director, capital markets, told Senior […]

Aegis, Blue Moon Acquire 10-Property, $350M Portfolio from Healthpeak

Aegis Living, with its joint venture partner Blue Moon Capital Partners, acquired 10 assisted living and memory care communities from Healthpeak Properties (NYSE: PEAK) for about $350 million. Aegis currently operates the communities and will continue to do so going forward. The deal, totaling 702 units, is the largest in Aegis’ 24-year history and continues […]

Executive Forecast 2021: A Rare Chance For Senior Living Reinvention

“When you’re in a chaotic environment, you white-knuckle the status quo. We just can’t do that. We really have to think about what is the ‘new next’ that we are going towards.” Those are the words of Sequoia Living President and CEO Sara McVey, and they capture a common sentiment among other top executives in […]