Movers & Shakers: The Springs Living Names COO; Former Lifespace CEO to Lead Lutheran Life Communities

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions & Financings: Welltower, Healthpeak Reportedly Sell South Florida Communities at Steep Discounts

Welltower sells Florida assisted living facility for $56M Welltower (NYSE: WELL) sold Aston Gardens Assisted Living in Parkland, Florida for $55.7 million, The Real Deal Miami reports. The buyer was Kayne Anderson Capital Advisors. the property is operated by Discovery Senior Living. The property sold for $78 million in 2015. The latest sale marks a […]

Transactions & Financings: Asbury Communities’ $96M Bond Refinancing; LTC’s AL Acquisitions

HJ Sims closes $96M financing package for Asbury Communities HJ Sims closed on a $96.12 million bond refinancing for Asbury Communities’ senior housing communities in Pennsylvania: Bethany Village in Mechanicsburg; and Springhill in Erie. Sims assisted Asbury the communities’ outstanding Series 2010 Bonds on their first optional redemption date of January 1. Sims successfully priced […]

Arrow Senior Living CEO: Too Many Providers Have ‘Gotten Lost’ in the Sales Process

Arrow Senior Living is scaling up in the Midwest, differentiating itself with a sales approach to drive earlier move-ins and longer lengths of stay. “Although adult children are the initial inquiry into senior housing, they’re not the consumer,” Arrow founder and CEO Stephanie Harris told Senior Housing News. “I think our industry has gotten lost […]

In the Pipeline: Senior Housing Construction Projects (12/7/17)

This week’s in the pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture & design trends, the annual SHN Awards Competition. Construction: Planned Apartment Complex Near Orlando to Include Assisted Living and Memory Care A […]

In the Pipeline: Senior Housing Construction Projects (2/26/15)

Construction: Planned California CCRC to Spend Upwards of $30 Million on Expansion To accommodate an expected increase in the demand for senior living, Casa Dorinda, a California continuing care retirement community (CCRC) plans to add roughly 103,000 sq. ft. and build 20 independent living units at its campus in Santa Barbara, Calif., reports Pacific Coast […]

In the Pipeline: Senior Housing Construction Projects (7/24/13)

Construction: Planned Florida Developers Unveil Plans for Wisconsin Senior Living Complex Harbor Retirement Associates appeared before the Shorewood Plan Commission last week to share their plans for a 96-unit senior living complex, reports the local Patch. The plan calls for a 4-story building containing 60 residential care units, as well as a one-story building featuring […]

Senior Housing Operators Seek Value-Adds Before Boomer Wave Hits

As the senior living industry gears up for the next generation of consumers, some operators are looking to divest struggling communities in their portfolios while others are hiring third parties to maximize value in ways that will attract the boomers.  Expanding resident services, activities programs, and staffing in general to a 24/7 business model can […]