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: Planned Three Pillars announces $125M addition to campus Three Pillars Senior Living Communities recently announced it will invest $125 million in the next phase of […]
Ebenezer
Last week, news broke that entrepreneur Adam Neumann — of WeWork fame, or infamy — now wants to transform residential real estate. And he has $350 million from Andreessen Horowitz backing his venture, dubbed Flow. Details about Flow are sparse, and WeWork’s tailspin made Neumann look more like a pariah than a visionary. Still, I […]
An Iowa-based developer of senior housing cooperatives is looking to expand into neighboring states with a new twist on a decades-old model. The company, Pella, Iowa-based Ewing Properties, has 11 senior housing cooperatives in the state under its Vintage Cooperative brand. Like other kinds of senior housing co-ops, residents in Vintage Cooperative communities don’t rent […]
Ebenezer is pivoting from just managing senior housing cooperatives to also developing them — and it may be just the start of what President and CEO Jon Lundberg hopes to achieve with the product type. Though it has only been a matter of months since leaders with the Edina, Minnesota-based operator launched the new senior […]
Senior housing cooperative pioneer and operator Ebenezer is returning to its roots with the launch of a new co-op development pipeline and brand. The organization on Wednesday announced it is expanding beyond managing co-op senior housing communities, and is now actively developing them under a new brand umbrella called Estoria Cooperatives. Ebenezer has revealed plans […]
True Connection Communities CEO Jim Pusateri is excited about the potential synergies between traditional senior living providers and manufactured housing communities — and he is in a position to drive such innovations. That’s because True Connection is owned by private equity firm Green Courte Partners, which also owns a manufactured housing portfolio. “That’s one of […]
Active adult projects resemble multifamily properties in some ways, and in other ways they are akin to higher-acuity senior living — but profitably running an active adult community means understanding that this is a unique type of asset with challenges all its own. From identifying and successfully marketing to the active adult consumer base, to […]
As interest in the active adult apartment rental product rises, it is becoming something of a no-man’s-land, with both senior housing operators and multifamily developers attempting to stake their claim to the lucrative, promising space. According to new data and a new report from Senior Housing News, senior housing operators have no question as to […]
Cooperative housing remains a niche within senior living, but the model is slowly growing. It has become a competitive option in some markets, and may gain further traction by addressing several pressures facing the industry. For example, co-op housing can be leveraged to meet the growing demand for middle-market senior housing. In addition, there are […]
There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]
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