This article is a part of your SHN+ membership In a normal year, Capitol Seniors Housing (CSH) is used to working on six development projects. But in 2023, the company is resetting its growth expectations for the immediate future. Capital market disruption and a “no man’s land of interest rate hikes” have left companies like […]
Investors are again showing interest in senior living after a cooldown during the pandemic — and Capitol Seniors Housing Managing Partner and Founder Scott Stewart sees plenty more dollars left to be deployed into the industry. As he looks across the sector, he sees “billions and billions of dollars” of equity on the sidelines waiting […]
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. Construction: Complete Senior Lifestyle Unveils Renovations at Community Near Baltimore Atrium Village, a Senior Lifestyle community in Owings Mills, Maryland, has announced the completion of a […]
Acquisitions HMP Global Acquires SMASH Malvern, Pennsylvania-based HMP Global announced it has reached an agreement with Senior Care Events to acquire the Senior Care Marketing & Sales Summit (SMASH) from Senior Care Events, which is owned by Macgregor Communications and Validated Learnings. SMASH is a meeting for senior housing marketing and sales executives. The 2022 […]
Bain Capital Real Estate and Capitol Seniors Housing (CSH) have closed on the sale of a seven-property portfolio of Class-A assisted living and memory care communities. The firms did not disclose financial terms of the sale. They also did not disclose the buyer or buyers, nor the operator or operators of the properties. The portfolio […]
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 Anthology Senior Living Announces Three New Senior Developments Anthology Senior Living is partnering with Harrison Street and Peninsula Investments Group […]
Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a new unsecured revolving credit facility, with commitments totaling $3 billion. The facility reduces Healthpeak’s borrowing costs and extends the maturity date to Jan. 30, 2026. Furthermore, the REIT controls two […]
The relationship between LTC Properties (NYSE: LTC) and two of its bankrupt tenants has come to an end. The Westlake Village, California-based real estate investment trust (REIT) announced it reached settlement agreements with Senior Care Centers and Abri Health Services. LTC agreed to pay the skilled nursing providers $3.25 million in exchange for their assistance […]
United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary. “While our name is changing, our mission and vision remain steadfast,” EveryAge President and CEO Lee Syria said in a statement. “EveryAge is committed to enriching lives by providing the […]
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. Project: Planned Charter, DMK Plan Project in Kentucky Charter Senior Living is teaming up with DMK Development Group for a new senior […]
