This article available as part of your SHN+ membership All signs point to 2024 being another banner year for the growth in the active adult sector, judging by recent news. Among the active adult-related headlines and storylines from the last few weeks, a few featured Greystar. Thanks to its sizable active adult portfolio, the company […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned Ryan Cos., Great Lakes Plan Minnesota Community Ryan Companies and Great Lakes Management are collaborating on a senior living community […]
Conventional wisdom states that consumers are attracted to shiny new senior housing product that has flooded certain markets in recent years, putting older properties at a disadvantage and eroding their occupancy. This is not necessarily the case, as statistics show that top-performing senior housing properties tend to be between 10 and 17 years old. However, […]
Some non-profit continuing care retirement communities (CCRCs) need to trim the fat and raise rates if they want to thrive—or survive. The issue is with commonly used pricing practices, according to Joe Mulligan, managing director at investment banking firm Cain Brothers. Mulligan co-authored a recent report titled “Beyond Blue Plate Specials: Rethinking Senior Care Pricing” that details […]
Love Funding Closes $19 Million Loan for Affordable Apartment Community in Virginia Washington, D.C.-based Love Funding recently announced the closing of a $19 million loan meant to preserve and refurbish Tysons Tower, an 274-unit affordable senior housing community in Vienna, Virginia. Tysons Tower was built in 1976 by The Fairfax Education Association Retirement Housing Corporation […]
In the race to create coordinated care networks, hospitals and health systems have been accused of failing to pick up the pace, opening the door for proactive post-acute providers to control their own destinies. “From a historical point of view, I don’t think post-acute care has been an area of focus [for health systems],” Wyatt […]
The Senior Living and Senior Housing Industry continues setting their sights on growth through new hires as more job opportunities for industry professionals come online. In this week’s SHN jobs listing, companies such as Ventas Inc., Plante Moran CRESA, Cain Brothers & Company, LLC and many others are seeking qualified professionals to join their teams. […]
The demand for top talent for senior housing jobs is rising fast….find out who is looking for fresh talent and if your skills fit the needs of some of the industry’s most innovative employers that are advertising on the Senior Housing News Job Board. Post your job today to reach the most progressive and up […]
KeyBank Provides $202.1 Million Loan for Texas-Based Independent Living Portfolio KeyBank Real Estate Capital provided $202.1 million in Freddie Mac financing to a joint venture between Discovery Senior Living and Kayne Anderson Real Estate Advisors for their Conservatory Senior Living portfolio, an independent living portfolio consisting of five properties in Texas. The Class A seniors housing […]
Welltower Completes $700 Million Senior Unsecured Note Offering Toledo, Ohio-based Welltower Inc. (NYSE: HCN) has successfully completed its offering of $700 million in aggregate principal amount of 4.25% senior unsecured notes due April 1, 2026. The notes were priced at 99.227% of their face amount to yield 4.345%. “This transaction demonstrates Welltower’s disciplined approach to […]
