Transactions & Financings: Welltower, Healthpeak Reportedly Sell South Florida Communities at Steep Discounts

Welltower sells Florida assisted living facility for $56M Welltower (NYSE: WELL) sold Aston Gardens Assisted Living in Parkland, Florida for $55.7 million, The Real Deal Miami reports. The buyer was Kayne Anderson Capital Advisors. the property is operated by Discovery Senior Living. The property sold for $78 million in 2015. The latest sale marks a […]

New Tech Helps Revera, Asbury, Carlton Meet Workforce Challenges

The senior housing industry is gradually embracing technology but still struggles to keep up with the pace of new advancements, as well as the costs involved with implementing technology. Still, forward-thinking providers are making significant technology investments that are bearing fruit. When asked to name the single tech implementation that has made the biggest positive […]

Carlton Senior Living Reduces Memory Care Falls 31% With AI Tech

A tech startup that has raised $6 million is poised to make further inroads in senior living, thanks to results like those at Carlton Senior Living. Concord, California-based Carlton utilized the new AI-enabled technology, called SafelyYou, to cut down on falls and visits to the emergency room among its memory care residents. The senior living […]

It’s Not Pot: What Senior Living Providers Should Know About CBD

While it doesn’t get you high and may not treat as many conditions as advertised, CBD could have an even larger immediate impact on senior living than marijuana. For one, CBD is everywhere these days, including in cookies, coffee and even dog treats. And in a sign of the times, pharmacy giants CVS (NYSE: CVS) […]

Tech Beat: New Perspective Partners with Roobrik, Eldermark’s New Hire

New Perspective Teams Up with Roobrik for Assessment Tool Eden Prairie, Minnesota-based New Perspective Senior Living recently partnered with Durham, North Carolina-based Roobrik, a provider of human-centric decision tools for age-related health and care decisions, to make an online assessment tool publicly available online. Specifically, Roobrik’s “Is it time to get help?” tool guides users […]

In the Pipeline: Senior Housing Construction Projects (8/24/17)

Construction: Planned MGL Partners and Solvera Advisors to Turn Historic Denver Building into Senior Housing MGL Partners and Solvera Advisors recently purchased the historic Tammen Hall building in Denver with the intention of turning it into affordable independent senior housing. The repurposed Tammen Hall is scheduled for completion in early 2019. When it opens, it will […]

QCP Reportedly Close to ManorCare Takeover

After a busy week of headlines and speculation, Quality Care Properties, Inc. (NYSE: QCP) is reportedly inching closer to a complete equity takeover of HCR ManorCare, its troubled skilled nursing tenant, according to a Sunday report from the New York Post. Less than a year ago, QCP spun off from Irvine, California-based real estate investment […]

In the Pipeline: Senior Housing Construction Projects (10/13/16)

Photo of The Sheridan and Creve Coeur, located in Creve Coeur, Mo.— Photo courtesy of Senior Lifestyle Corporation Construction: Planned Land Purchased for Senior Community, Calif. Carlton Senior Living based in Concord, Calif. has acquired 3.68 acres of land in Santa Rosa, Calif. for its newest senior housing community. It is anticipated to cost over […]