Atria to Manage 21 Communities for New Senior, Debuts Atria Retirement Brand in US

Atria Senior Living is taking over management of 21 independent living communities owned by real estate investment trust (REIT) New Senior Investment Group (NYSE: SNR). The portfolio marks the U.S. debut of the Atria Retirement brand, which up to this point has operated in Canada as Atria Retirement Canada. The portfolio previously was managed by […]

In the Pipeline: Watercrest, St. Joe Open Florida Community; University Collaboration in Oklahoma

Construction: In progress Resort Lifestyle Communities held a Feb. 18 ceremony event to mark the groundbreaking of a new senior living community in Morrisville, North Carolina. The $30 millon community, Brier Pointe, is slated to have an in-house bank, pharmacy, general store and salon that are all open to the public. Residents can choose from […]

Discovery Senior Living Launches New Multi-Brand Strategy with 16-Property Acquisition

The recent acquisition of 16 communities from Healthpeak (NYSE: PEAK) was the largest transaction in company history for Discovery Senior Living and marks the start of a strategic shift for the provider, to a structure of regional brands. The deal was publicly announced last week by Irvine, California-based Healthpeak, which is a real estate investment […]

Harrison Street ‘Handpicked’ 12 Former Atria Communities to Acquire from Healthpeak

The $312 million sale of a 12-property portfolio operated by Atria Senior Living was among the many transactions that Healthpeak (NYSE: PEAK) announced last week, as part of the real estate investment trust’s exit from rental senior housing. The buyer of this portfolio was Chicago-based private equity firm Harrison Street. The properties were essentially “handpicked” […]

Healthpeak Announces $2.5 Billion In Senior Housing Sales

Healthpeak Properties’ (NYSE: PEAK) plan to dispose of up to $4 billion worth of senior housing assets is more than halfway complete. The Denver-based health care real estate investment trust (REIT) sold over $2.5 billion in senior housing operating portfolio (SHOP) and triple-net senior housing assets according to its earnings Q4 2020 earnings release on […]

Atria, Related JV Moves in Intriguing Directions

Related Cos. and Atria Senior Living have been tight-lipped about plans for their $3 billion development pipeline, so I was excited when NY YIMBY recently published renderings of the project underway in New York City. I reached out to the architecture firm that is involved, Handel, in hopes of learning more about the design concept, […]

Atria Makes Covid-19 Vaccines Mandatory for Workers

Atria Senior Living is making the Covid-19 vaccine a requirement for its employees. The Louisville, Kentucky-based senior living provider announced on Monday its more than 10,000 U.S. workers must get both doses of the Covid-19 vaccine by May 1. Atria’s vaccine mandate is unique among large senior living providers in the U.S., many of which […]

Plans Show Atria Sharing NYC Highrise with Equinox Location

Progress is continuing on the urban development pipeline of Related Cos. and Atria Senior Living, with indications that a New York City project near Hudson Yards will put an Equinox fitness center in the same highrise building as an Atria-operated community.  That’s according to new renderings from Handel Architects, which were published Monday by New […]

Top Senior Housing Trends for 2021

Among the many lessons that Covid-19 drove home in 2020: No one can predict what the future holds. But as the senior living industry battles the latest wave of infections and starts to beat back the pandemic through vaccination, it’s also more important than ever to look ahead and try to identify what trends will […]