Atria Senior Living and Welltower (NYSE: WELL) are partnering to develop a senior living community as part of a $350 million mixed-use residential and retail project in New Jersey. The 25-acre project has been dubbed W Squared and will transform the Princeton Junction train station into an all-ages residential and retail center, according to a […]
Atria Senior Living
Financings Greystone closes on largest health care CLO Greystone announced it closed on a $450 million commercial real estate collateralized loan obligation (CLO), besting its own benchmark of $300 million set back in 2018. Like the CLO in 2018, this CLO is backed exclusively by bridge loans for health care projects, according to a statement […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
Sunrise Senior Living has opened Sunrise on East 56th, a 151-unit luxury lifestyle community in New York City, as the senior housing sector heats up in the Big Apple. McLean, Virginia-based Sunrise partnered with international real estate firm Hines and real estate investment trust (REIT) Welltower Inc. (NYSE: WELL) on the project, which offers assisted […]
Despite rising construction costs and delays caused by supply chain disruption, now is the time to get aggressive on senior living development pipelines. That was the message shared by Atria Senior Living CEO John Moore and Maplewood Senior Living CEO Gregory Smith at our recent BUILD conference in Chicago. Moore commented that it’s time to […]
With an occupancy recovery underway and the prospect of favorable demographics around the corner, Atria Senior Living CEO John Moore believes that now is the time to evolve senior living offerings and build for the future — despite a challenging operating environment and some development headwinds. Atria recently has taken some decisive steps toward building […]
The NexCore Group named Phillip Barklow President of Experience Senior Living earlier this week. Barklow has spent more than 25 years in the senior living space, including with national operators Balfour Senior Living and Atria Senior Living. His most recent role was as COO for Balfour. At Balfour, he oversaw every aspect of the day-to-day […]
Companies that employ more than 100 people — including senior living providers — must implement a mandatory Covid-19 vaccination policy, under an Occupational Safety and Health Administration (OSHA) rule issued Thursday. All workers in these companies must receive their final Covid-19 vaccination shot by January 4, 2022. Alternately, workers could undergo routine Covid-19 testing and […]
Atria Senior Living is making progress on its plan to fully integrate with Holiday Retirement and combine the company’s operations — including through right-sizing the corporate team. Leaders with Louisville, Kentucky-based Atria announced the progress on Wednesday. Atria acquired the management business of Winter Park, Florida-based Holiday earlier this year. The two companies are currently […]
Atria Senior Living and Related Companies have announced that “Coterie” is the brand name for the luxury communities they are developing in San Francisco and New York City, as part of a planned $3 billion pipeline. Real estate investment trust Welltower (NYSE: WELL) is also a partner on the first two Coterie projects. “Coterie is […]
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