Transactions & Financings: Legend Senior Living Adds Community; BWE Secures $40M for Refinancing

Transactions Legend Senior Living to Manage Pennsylvania Community Legend Senior Living announced it will assume management of a Pennsylvania-based senior living community marking the fifth community Legend manages in the Keystone State. Located in the central Pennsylvania community of Mechanicsburg, the community – previously called The Landing of Southampton Personal Care and Memory Care – […]

Transactions & Financings: HMP Global Buys SMASH; HumanGood Completes Affiliation With Washington Community

Acquisitions HMP Global Acquires SMASH Malvern, Pennsylvania-based HMP Global announced it has reached an agreement with Senior Care Events to acquire the Senior Care Marketing & Sales Summit (SMASH) from Senior Care Events, which is owned by Macgregor Communications and Validated Learnings. SMASH is a meeting for senior housing marketing and sales executives. The 2022 […]

Transactions & Financings: Five Star/Diversified Complete 107-Community Transition Plan; Acts Partners With Willow Valley

Acts Retirement Services and Willow Valley Communities have forged a strategic alliance, aligning two of the largest nonprofit senior living and care organizations in the United States. Acts, headquartered near Philadelphia, ranked as the third-largest multi-site senior living nonprofit on the 2021 LeadingAge/Ziegler 200, with more than 9,500 units across a portfolio of 26 life […]

Transactions & Financings: AccentCare, Seasons Hospice Merging; Ziegler’s $42M Financing Package

Affiliations AccentCare, Seasons Hospice to Merge AccentCare Inc. and Seasons Hospice announced a merger, Senior Housing News sister publication Home Health Care News reports. The deal brings Dallas-based AccentCare, one of the five largest home health care companies in the country, and Seasons, one of the top five largest hospice providers, under one corporate umbrella. […]

Transactions & Financings: BHI, Covenant Living Acquire Troubled CCRCs

Senior Quality Lifestyles acquires Indiana CCRC for $61M Cushman & Wakefield arranged the $61 million sale of Barrington of Carmel, a 267-unit continuing care retirement community in the Indianapolis suburb of Carmel, Indiana. Cushman & Wakefield Senior Housing team of Allen McMurtry, David Kliewer and Paul Carr represented an affiliate of Addison, Texas-based Senior Quality […]

Multifamily Trends May Herald Bigger Senior Living Units

It’s the million-dollar question: what will baby boomers want when they move into senior living communities en masse? One recent debate is whether it’s better to go big or go small with regard to unit size. Some senior living innovators see the future of the industry in better, not bigger, units. Dr. Bill Thomas, well-known for […]

CCRCs Flying High on Economic Tailwinds

Good times are here for many continuing care retirement communities (CCRCs). The boom times for CCRCs—or “life plan communities,” depending on who you ask—was predicted earlier this year by Marcus & Millichap. The national real estate brokerage firm anticipated that CCRCs would be the only senior housing asset class to see an overall increase in occupancy in 2017. CCRCs […]

Younger Seniors Line Up for Large Homes at CCRC

One non-profit continuing care retirement community (CCRC) operator has quickly sold all of its newly constructed luxury duplexes, attracting a highly sought after population of younger seniors in the process. The provider, Indianapolis-based BHI Senior Living, believes this shows that seniors do not necessarily want to downsize as they age, and the senior living industry could benefit […]

In the Pipeline: Senior Housing Construction Projects (6/26/13)

Construction: Planned Developers Inch Closer with Independent Living Homes The Development Review Board approved the final plat layout for Black Mountain Estates, a senior housing independent living community in Brattleboro, Vermont, reports Brattleboro Reformer. Developers John and Lori Brunelle hope to begin construction of the 31 homes in September, with resident move-in anticipated by the end […]