Lawsuits, HQ Eviction Indicate Financial Trouble at Anthology Senior Living Parent Company CA Ventures

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 […]

Transactions & Financings: Blueprint Helps Sell Anthology’s Lone Utah Community; LCS Expands in Florida

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 […]

Senior Living Operators More Optimistic on Staffing in 2023 Despite Lingering High Costs

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 […]

Pathway to Living Exec Dickinson Rejoins Anthology Senior Living as President

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 […]

Transactions & Financings: Focus’ $165M Portfolio Acquisition; Sabra’s $29M Transaction

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 […]

How Vertical Integration of Development, Operations Can ‘De-Risk’ Senior Living

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 […]

CA Ventures to Build Mixed-Use Senior Housing, Medical Office with New Vertical

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 […]