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 […]
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 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 […]
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 […]
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 […]
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 […]
A surge of Covid-19 cases in locations across the United States is putting pressure on senior living providers that are eager to pivot to a “next normal” after months of strict protocols. Nearly four months after the virus spread quickly across the country, confirmed Covid-19 cases are rising in 40 states, and new hotspots have […]
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 […]
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 […]
Imagine it’s 2025, and you’re an 81-year-old who has had a rough year. Maybe you had a surgery, or your adult child moved across the country. Maybe you lost your spouse. You’re still healthy and active but it’s time, you realize, to consider moving into an independent living community. So, you log onto Amazon. Through […]
