Disruption, Consolidation in Red-Hot Manufactured Housing Sector Presents Senior Living Opportunities

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 […]

5 Numbers That Are Key to Creating Profitable Active Adult Communities

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 […]

Senior Housing, Multifamily Developers Vie for Control of Active Adult

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 […]

Why Co-Op Senior Housing Is Ready for Primetime

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 […]

Largest Senior Living Providers List Grows, No Surprises at the Top

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 […]

New Ebenezer Communities Mix Generations as Trend Gains Steam

The largest senior living operator in Minnesota is pushing forward with new intergenerational projects meant to foster interaction between older adults and kids, exemplifying a rising industry trend. Ebenezer is working with developer Oppidan Investment Company on a 283-unit independent living, assisted living and memory care community on the provider’s home turf of Minneapolis. As planned, The Pillars of […]

Ebenezer Names Jon Lundberg as President, Future CEO

The largest senior living operator in Minnesota will soon have a new face at its helm. Minneapolis-based Ebenezer has named Jon Lundberg as its president, the company announced Wednesday. Lundberg has served as Ebenezer’s COO since 2017, but he’s dedicated his career of over 30 years to senior care, according to a press release.  He […]

In the Pipeline: Senior Housing Construction Projects (1/12/17)

Construction: Planned Luxury Senior Living Community Planned A new luxury senior living community will break ground this summer in Bozeman, Montana. The Springs at Bozeman will offer a mix of 172 independent living, assisted living and memory care apartments ranging in size from studio to three-bedroom floor plans. The community will be built on five acres […]

In the Pipeline: Senior Housing Construction Projects (1/14/16)

(Dining room at Kalākaua Gardens in Honolulu) Construction: Planned Pinkard Construction to Build Colo. Assisted Living, Memory Care Expansion Construction manager and general contractor Pinkard Construction Company was recently awarded the construction of Sunny Vista Living Center’s new assisted living and memory care expansion in Colorado Springs, Colo. The new, $10.5 million building, designed by Lantz-Boggio Architects, […]