Movers & Shakers: Caddis Names New Leadership; Former Elmcroft President Joins myFamilyChannel

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions & Financings: Covid-19 Market Instability Halts About $325M in Acquisitions

Columbia Pacific-Singapore Press Holdings Canadian portfolio deal Columbia Pacific Advisors and Singapore Press Holdings mutually agreed to terminate a previously announced sale of a six-property, 717-unit Canadian senior housing portfolio due to global market instability stemming from the Covid-19 pandemic. The acquisition price was about $175 million, Deal Street Asia reported Wednesday. Singapore Press Holdings […]

Transactions & Financings: Related Cos. JV Lands $276M; New Senior Completes $385M Portfolio Sale

New Senior completes $385M AL/MC Portfolio sale New Senior Investment Group (NYSE: SNR) completed the $385 million sale of its entire assisted living and memory care portfolio for a gross sale price of $385 million (the “Transaction”). Proceeds from the transaction, which was first announced last November, were used to reduce debt by approximately $360 […]

In the Pipeline: Thrive’s First Maryland Community; Benchmark Expands on Long Island

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 Assisted Living, Memory Care Community Planned in Connecticut Senior Living Advisors (SLA) recently […]

Transactions & Financings: Cushman & Wakefield’s $49 Million Portfolio Sale; Capital One’s $38 Million Construction Loan

Cushman & Wakefield brokers $48.5 million South Carolina assisted living portfolio sale Cushman & Wakefield Senior Director Paul Carr, Director David Kliewer and Executive Director Allen McMurtry represented Graycliff Capital Senior Housing in the $48.4 million sale of three assisted living and memory care communities in South Carolina’s upstate region. The buyer was Birmingham, Alabama-based […]

In the Pipeline: South Bay, SageLife Team Up in Pennsylvania; Clearwater Starts Work in Nevada

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. Construction: Planned South Bay, SageLife Join Forces for Pennsylvania Project South Bay Partners, through its joint […]

Movers and Shakers: Autumn Leaves Names New COO; Caddis Hires VP of Senior Living

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Caddis’ First Florida Community Sets the Stage for Further Expansion

A relative newcomer to the senior housing industry is making a big push to expand its holdings beyond its home state of Texas. The company aims to build out its presence within some new markets, competing with luxury products but at a lower price point. Dallas-based health care real estate development, management and investment firm Caddis recently announced it […]