Active adult is picking up steam as an attractive property type for senior living investors, according to commercial real estate services firm CBRE (NYSE: CBG). A full 19% of respondents to CBRE’s latest Senior Housing & Care Investor Survey and Trends Report identified active adult as among Read More »
$428 Million Brookdale Portfolio to be Apollo’s Senior Living Investment Launchpad
Private equity giant Apollo Global Management plans to invest further in senior living after acquiring a portfolio of 22 properties currently managed by Brookdale Senior Living (NYSE: BKD), a person with knowledge of the deal told Senior Housing News. New York City-based Apollo is an Read More »
New Pricing Models, Unit Mixes Could Gain Favor With More CCRCs
Continuing care retirement communities (CCRCs) are poised to attract a wide swath of older adults over the next decade, but that doesn’t mean there won’t be challenges or changes to the business model along the way. For CCRCs—which are also commonly known as life plan Read More »
Transactions & Financings: Radiant Senior Living, CBRE
Radiant Senior Living Acquires 64-Unit Community in Idaho Radiant Senior Living recently acquired The Renaissance, a 64-unit assisted living and memory care community in Coeur d’Alene, Idaho. Radiant currently owns and operates 19 independent living, assisted living, and memory care communities in Washington, Montana, Oregon, Read More »
Transactions & Financings: Clearwater Living, Solinity
CBRE Arranges Financing for Two Communities in Connecticut CBRE National Senior Housing Vice Chairman Aron Will recently secured construction financing on behalf of a joint venture between Chicago-based real estate investment holding company CA Ventures and a global investment manager for two properties known as Read More »
Movers & Shakers: Legend Senior Living CEO Named Argentum Board Chairman
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 Read More »
Transactions & Financings: Caring.com Acquired, Sodexo’s New Partnerships
Caring Holdings, LLC Acquires Caring.com Senior care referral service Caring.com has been acquired by Caring Holdings, LLC, a group of investors with experience and expertise in digital customer acquisition. Bankrate, which had owned Caring.com, agreed to part ways with the senior living referral service in Read More »
Transactions & Financings: Chicago Pacific Founders, CBRE
MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living Read More »
Senior Housing Could Lure More Real Estate Investor Interest in 2018
Real estate investors are increasingly becoming interested in senior housing as an alternative property sector, according to a new “Americans Investor Intensions Survey” from commercial real estate services and investment firm CBRE (NYSE: CBG). The survey, held annually, reflects the sentiment of nearly 300 investors focused Read More »
Senior Housing Transactions: CBRE, MBK Senior Living
Golden West Senior Living Sells Community to Chicago Investors Golden West Senior Living has announced the sale of Flatirons Terrace, a 54-unit independent living community in Boulder, Colorado, to Harrison Street Real Estate Capital, a private equity firm based in Chicago. Dial Retirement Communities, of Read More »
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