‘A Real Product for the Boomers’: How Operators Are Evolving for Senior Living’s Next Generation

For years, the senior living industry has prepared to meet the needs of the incoming boomers en masse — and yet, the generation’s exact preferences and desires have seemed stubbornly opaque. But a new report released last month by the American Seniors Housing Association (ASHA) and conducted by the ProMatura Group offered a clear window […]

Transactions & Financings: SLIB Starts June With Flood of Deals

Sales Blueprint Facilitates AL, Memory Care Sale Blueprint Healthcare Real Estate Advisors announced it facilitated the sale of a senior living community in the Baltimore area. The community – called Woodlands Assisted Living – is a 65-unit AL and memory care community that was built in 1999. The community’s performance was trending upward in the […]

Bridge, StepStone Form $75 Million Senior Living Co-Investment Venture

Bridge Investment Group Holdings (NYSE: BRDG) has partnered with global private markets investment firm StepStone Real Estate — part of StepStone Group (Nasdaq: STEP) — on a $75 million program to acquire, develop and operate senior living communities. StepStone and Bridge have already co-invested in two communities, and the companies intend to co-invest in future […]

Transactions & Financings: NHI’s Completes 8-Property, $115M Holiday Portfolio Sale; Bridge Sells Community for $15M

National Health Investors (NYSE: NHI) completed a sale of eight communities operated by Holiday Retirement. The total price was $115 million. The communities total 909 units, and NHI expects to realize a gain on the sale of up to $2 million. To date, the company announced $203.4 million in dispositions and expects to end 2021 […]

With $4.5B Senior Housing Portfolio, Bridge Investment Group Files for IPO

Bridge Investment Group is taking steps to go public. The Salt Lake City-based real estate investment manager, whose portfolio includes senior housing, filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on June 22. The firm’s senior housing portfolio totals 100 communities and 11,600 units across 30 states, with total senior housing […]

Senior Housing Investors May Hold $9B to $12B in Dry Powder, Await Occupancy and Debt Market Recovery

The coronavirus pandemic significantly slowed the development and acquisition pipelines of large-scale investors, as the capital markets retreated to the sidelines and waited for some stability to enter the lending landscape. Now, there could be as much as $12 billion in dry powder ready to deploy in senior housing, estimates Dustin Warner, director with Harrison […]

Transform Podcast #20: Robb Chapin of Bridge Investment Group

Relying on demographics to drive senior living occupancy in the years ahead is a recipe for failure, according to Robb Chapin, CEO of Seniors Housing and Medical Properties at Bridge Investment Group. Consumers have an increasing number of options for where they live as they age, meaning senior living operators must be innovating to create […]

Transactions & Financings: Welltower’s $850M JV; Acts Acquires New Corporate HQ

Welltower, Invesco Announce $850M Joint Venture Welltower Inc. (NYSE: WELL) and global real estate manger Invesco Real Estate (“Invesco”) announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet. The portfolio was previously wholly owned by Welltower. The properties are 100% affiliated with health systems […]