Harrison Street Acquires Portfolio of 11 Brightview Communities

Real estate investment firm Harrison Street is expanding its relationship with Brightview Senior Living. The Chicago-based company announced Wednesday it acquired an 11-community portfolio managed by Brightview. The portfolio comprises 1,322 units in independent living, assisted living and memory care properties across Maryland, New Jersey and Massachusetts. All of the communities are stabilized, with an […]

Brightview, Acts, Cadence Join Trend of Upgrading Memory Care Offerings

Senior living operators are implementing new and innovative practices to address older adults’ rising concerns about dementia, and succeed in a challenging operating environment for memory care. These innovative approaches include Brightview Senior Living’s company-wide Bright Minds wellness initiative; a Montessori-based approach at Acts Retirement-Life Communities; and a unique horticulture focus at a community newly […]

Transactions & Financings: HCP’s $284M Oakmont Acquisition; Thrive Center-Innovators Alliance Partnership

HCP acquires 5 Oakmont properties for $284M HCP (NYSE: HCP) announced in its second quarter 2019 earnings report on Wednesday it acquired a portfolio of five senior housing properties in California operated by Windsor, California-based Oakmont Senior Living. The purchase price was $284 million and is part of $528 million in total acquisitions the Irvine, California-based health care real estate investment trust […]

4 Characteristics of Standout Senior Living Designs

The pressure to meet local market demands while standing out from the senior living competition is becoming ever greater, leading to more diverse and dynamic building designs. Still, creating exceptionally innovative and impressive projects is a big challenge. The buildings that have succeeded can be valuable guides and inspirations for others. This just one reason […]

4 Keys to Successful Senior Living Projects in Mixed-Use Developments

Senior housing as a component of mixed-use development is gaining in popularity with investors, developers and future residents alike. The trend is driven by the impending arrival of baby boomers to the senior living space and the broader shift from acute care to wellness and prevention, which is paving the way for more health-focused real […]

Woodmont Properties Taps Industry Veteran To Launch Senior Housing Pipeline

A growing number of multifamily real estate developers are entering the senior housing space, encouraged by demographic trends showing an explosion in the 85-plus generation over the coming decades. Among the latest is Woodmont Properties. The Fairfield, New Jersey-based firm recently launched a senior housing division and tapped industry veteran Stephen Nichols to lead it. […]