Private equity investment in senior housing has gained momentum over the last several years and could reach new heights in 2020 — which might spell trouble for the industry down the road. Specifically, some private equity funds may be coming to the space for the first time with unrealistic expectations, which could result in a […]
Brightview Senior Living
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]
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 […]
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 […]
Senior living is in the middle of a transformative period. Supply and demand dynamics are imbalanced. Providers are grappling with oversupply in markets across the United States, while determining how to address the arrival of the baby boomers and the growing middle market. And the available labor pool is at record lows during the longest […]
Other senior living companies can learn a thing or two about employee satisfaction from Brightview Senior Living. The Baltimore-based provider took the top spot among 50 other large senior housing and care companies in this year’s Best Workplaces in Aging Services list. And it did it by building a culture where everyone feels valued, according […]
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 […]
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 […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition.C Construction: In progress CA Senior Living Starts Work on Community Near Philadelphia CA Senior Living — […]
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 […]