The parent company of senior living platform Anthology Senior Living is facing a handful of challenges, including a pending eviction from its Chicago headquarters reportedly in connection with an ongoing cash crunch. That’s according to real estate news publication The Real Deal. The lawsuits include one filed by the landlord of its Chicago headquarters detailing […]
CA Ventures
Sales Blueprint Facilitates IL Sale Blueprint Healthcare Real Estate Advisors announced it facilitate the sale of a 75-unit independent living community that will be converted into an assisted living community. The buy is a Columbus, Ohio-based owner-operator that is looking to expand its Medicaid Waiver Program presence in Ohio. Blueprint Facilitates Par of Deals in […]
The dark clouds may be parting for the senior living labor market, but persistent pain points are causing operators to temper their enthusiasm regarding 2023. “I’m going to surprise people,” Discovery Senior Living CEO Richard Hutchinson said on stage at the 2022 Senior Housing News BUILD conference in Chicago last month. “I actually like our […]
Senior living veteran Justin Dickinson is leaving his leadership post at Pathway to Living and rejoining former employer Anthology Senior Living to become the company’s president. With the leadership change, the senior living executive is rejoining his former employer, Anthology, which manages, develops, acquires and operates communities as an affiliate of Chicago-based real estate developer […]
Focus Healthcare Partners is adding more independent living to its senior housing portfolio. The Chicago-based health care real estate investor acquired four independent living communities in the metro Atlanta market, totaling 559 units, for $164.5 million. The communities are operated by Edmond, Oklahoma-based owner and provider, Mansions Senior Living. Focus purchased the portfolio through its […]
Having a vertically integrated senior housing development and operations business is not for everyone — but for two Chicago-based companies, doing so has been valuable. The example of these firms — CA and Vermilion Development — shows how vertical integration can help drive success in an increasingly complex industry, and can support efforts such as […]
Covid-19 has made “density” a dirty word in real estate, and senior living developers are taking heed. Some data indicate an exodus is occurring from the most densely populated urban centers in the United States, in part because people are wary of coronavirus outbreaks like the one that beleaguered New York City in the early […]
CA Ventures launched a new service line this week that will share synergies with its fast-growing Anthology Senior Living brand. The Chicago-based real estate developer and investor announced the formation of a medical office building and life sciences division. To lead it, CA Ventures named Russell Brenner president. “Unlike some of our other lines, medical […]
Chicago-based firms Anthology Senior Living and K Giles have joined forces in a bid to redevelop a landmark property in the Windy City, in a project that would include 220 highrise senior living units. Representatives of Anthology and K Giles presented their plans at a community meeting on Monday, local news source Block Club Chicago […]
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 — […]