3 Wellness Tech Initiatives Senior Living Providers Must Deliver

The wellness revolution in senior living is here to stay, and much of it is powered by technology. In a senior living context, wellness focuses on five main components: the emotional, mental, physical, social and spiritual. Technology touches each of these elements. To compete in the next decade and beyond, senior living providers must understand […]

Big Rock Aims to Acquire Large Senior Housing Operator After IPO

Following an initial public offering (IPO), Big Rock Acquisition Corporation (Nasdaq: BRPAU) has its sights set on ultimately acquiring a large senior housing operator. Florida-based senior housing owner and investor Big Rock Partners just completed the IPO for Big Rock Acquisition Corporation, a new special purpose acquisition corporation. It raised $69 million in the IPO. […]

Senior Housing Finance Activity: Capital Funding Group, HHC Finance

Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A $10.8 million bridge-to-HUD loan will finance the acquisition of Creekside […]

Big Rock, Ventas Partner on $100 Million Development

Big Rock Partners, a real estate investment firm, recently announced it will break ground on a new senior living community in southern Palm Beach County, Florida, after securing a $68.2 million construction loan from Wells Fargo. The project is noteworthy for the involvement of Ventas Inc. (NYSE: VTR) as an equity partner, and as one […]

In the Pipeline: Senior Housing Construction Projects (6/18/15)

Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla.  Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]

In the Pipeline: Senior Housing Construction Projects (4/9/15)

Construction: Planned Big Rock Partners, Millennium Real Estate Group Plan $25 Million Community Big Rock Partners, a national real estate investment management and development firm based in Beverly Hills, Calif., and its joint venture partner Millennium Real Estate Group, of Port Royal, S.C., this week announced plans to begin construction next year on a $25 […]

Senior Housing Investments & Transactions: Greystone Healthcare

Senior Living Investment Brokerage Facilitates 2 $30 Million Sales In two separate transactions, Senior Living Investment Brokerage facilitated the sale of nine assisted living facilities and five senior housing communities for $29.5 million and $29.125 million, respectively.  The first transaction, the Autumn Grove Cottage portfolio, consists of nine assisted living communities with a focus on […]