Real estate investment firm Harrison Street has raised $1.6 billion in equity for its latest fund, which will heavily target senior housing investments. Chicago-based Harrison Street hit the fund’s hard cap of $1.3 billion — exceeding the initial target of $950 million — and raised an additional $302.5 million in co-investment vehicles, the firm announced […]
Colliers International
After eight months, Five Star Senior Living (Nasdaq: FVE) has a new COO. The Newton, Massachusetts-based senior living owner and operator hired Margaret Wigglesworth for the role. She will assume her duties effective August 12, according to a release announcing the hire. Five Star has been without a COO since Scott Herzig left the company […]
Senior Living Communities acquires South Carolina CCRC Senior Living Communities acquired Wildewood Downs, a 248-unit continuing care retirement community in Columbia, South Carolina, for $35 million. The community will be operated by a SLC affiliate. The acquisition was financed by a $32.7 million loan from National Health Investors (NYSE: NHI), and includes capital expenses for renovations. The loan will have a […]
Health Care Business Valuation Veteran Affiliates with Carnahan Group Health care business valuation veteran Craig Smith has formally affiliated with Tampa, Florida-based health care advisory firm Carnahan Group. Smith is the U.S. national practice leader of the senior housing and health care practice of Colliers International, a Toronto-based global commercial real estate services organization. In his […]
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