Transactions & Financings: Bridge Adds 4 Communities; Watermark Awarded $75M Credit Facility

BMO Harris provides $75M credit facility to Watermark, 2 Developers BMO Harris Bank’s Healthcare Real Estate Finance group closed on a syndicated $75 million senior facility to Largo Land Development and Watermark Retirement Communities to finance the construction of a 219-bed independent living, assisted living and memory care community and 64-unit 55-plus active adult community […]

Senior Living Slow to Adopt Tech for Wellness-Focused Operations

The senior housing industry is gradually embracing technology in its wellness initiatives but is still just scratching the surface. That’s according to an active aging industry trends survey recently released by the International Council on Active Aging’s (ICAA). The survey found that senior living providers are shifting away from a care-focused operational model to one […]