In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Kendal Corporation expands zen-Inspired community portfolio The Wilmington, Delaware-based operator announced plans for Enso Verde, a new life plan community located in Simi Valley, […]
Berkshire Residential
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. […]
Lenders and investors are again ready to deploy capital into the senior living industry, and for senior living operators and owners looking to grow, 2022 could be a pivotal year. But what capital providers are looking for in a senior living development or acquisition opportunity has changed with the Covid-19 pandemic, as have the kinds […]
In the decade since its founding, LCB Senior Living has established itself as a regional powerhouse in the Northeast. CEO Michael Stoller is proud of LCB’s rapid growth and solid occupancy, and is positioning the Norwood, Massachusetts-based company for its next chapter in the midst of a tough operating environment. In particular, LCB is focused […]
Berkshire Residential — a Boston-based real estate firm with over $8 billion of assets under management — has set its sights on senior housing. The company has already raised and started to deploy one dedicated senior housing fund, with further fundraising underway. And Berkshire earlier this year hired industry veteran Matthew Whitlock to lead its […]