In the Pipeline: Senior Housing Construction Projects (11/14/2012)

Construction: Planned Ventas Subsidiary to Build Mass. Senior Living Community Woodbriar Senior Living, LLC, a Ventas, Inc. (NYSE:VTR) subsidiary, will use proceeds of a $30 million bond issued by MassDevelopment to build a 125-unit assisted living community in Falmouth, Mass. The development will have 35 studio apartments, 66 one-bedroom units, and 24 two-bedroom units. Plans […]

SHN Awards Corner: Leisureworld, Erickson, Atria, & More

Stop the presses! Wait….we don’t have presses but we are starting a new feature called SHN Awards Corner. We get a number of submissions from senior living companies in a variety of fields—from design and architecture to construction to management—who have gotten national recognition for their achievements. Here’s a roundup of some of the companies […]

In the Pipeline: Senior Housing Construction Projects (6/6/2012)

Construction: Completed Atria Adds Memory Care Apartments to Rhode Island Senior Living Community Atria Senior Living recently opened a memory care “neighborhood” at its Atria Bay Spring Village assisted living community, located in West Barrington, R.I., reports the local Patch.com. The growing dementia population led the senior living company to add new memory care development.  […]

Ventas Profits Skyrocket 85% in Q1 Boosted by Acquisitions

Ventas Inc. (NYSE:VTR) saw its net income balloon in the first quarter ended March 31, 2012 to $90.6 million, an 85% increase over the previous year’s $49 million, thanks to pumped up revenue from favorable acquisitions. “Ventas continues to reap the benefits from executing on our strategy of growing and diversifying our portfolio, increasing private […]

REITs Dish on Senior Housing Development Plans; HCP Partnering with Brookdale

Construction for seniors housing is still very low, according to the National Investment Center for the Seniors Housing & Care Industry, but if the most recent round of quarterly earnings calls are any indication, it looks like some real estate investment trusts (REITs) are cautiously beginning to finance some development projects. HCP, Inc.: Partnering with Brookdale for […]