This coverage of the 2016 National Investment Center for Seniors Housing & Care Fall Conference is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which draws […]
National assisted living operator Enlivant, along with its investment partners, is in the process of acquiring 48 senior living properties, serving as a major growth channel for the company’s presence nationwide. Enlivant is acquiring the properties with TPG and TPG Real Estate, the real estate platform for TPG, and will add 3,084 independent living, assist […]
Senior living, as an industry, may have been slow to adopt technology—but organizations should make a plan to remedy the situation and stick to it, instead of feeling bad about it. That’s according to a discussion that took place during the recent 2016 Senior Housing News Chicago Summit, where expert panelists shared their best advice for […]
There are few things people may consider “sexy” about the senior housing industry, or for that matter, any business dedicated to serving the country’s aging and most frail population. But cue the Justin Timberlake: When it comes to attracting new expertise to work in this sector, enhancing the appeal of senior living is critical to […]
This week, Senior Housing News readers were interested to hear about Enlivant’s growth plans from the company’s CEO, Jack Callison. Readers were also keen to learn how REITs will be impacted by the current headwinds in the skilled nursing sector, and why the senior housing industry is poised for “unprecedented” growth. SHN’s “In the Pipeline” […]
Following a blockbuster M&A year for the industry, one senior living provider is still charging forward with acquisitions. Chicago-based owner and operator Enlivant recently announced it closed on two senior housing communities in Georgia, bringing the company’s acquisition total up to 19 communities over the last 15 months. The company, which primarily owns and operates assisted […]
Enlivant Acquires Two Georgia Communities Enlivant, a senior housing provider that operates almost 200 communities across 19 states, has acquired two senior living communities in Georgia, a state where the company already has an established presence. The communities were purchased for $10 million. The two communities, Winthrop West and Winthrop at Polk, were bought from Winthrop […]
In the latest drama in the ongoing story of former Assisted Living Concepts CEO Laurie Bebo, the fired executive has filed a lawsuit against the company for $900,000 in attorney fees and other expenses she incurred as a result of defending herself in a federal civil case and a lawsuit against the U.S. Securities and […]
Chicago-based owner and operator Enlivant (formerly Assisted Living Concepts) this week closed a $334.4 million Fannie Mae credit facility from KeyBank Real Estate Capital for a national portfolio of senior living communities. The loan was secured by 54 assisted living properties across 12 states, including Iowa, Indiana, Kentucky, Michigan, Nebraska, New Jersey, Ohio, Pennsylvania, South […]
LTC Properties, Inc. (NYSE: LTC) has completed the re-leasing of 20 assisted living properties to Senior Lifestyle Corporation and Veritas InCare, LLC. Previously co-leased to Enlivant (formerly Assisted Living Concepts) and an affiliate of Canadian long-term care provider Extendicare, the completed re-leasing of the 20 properties arrives nearly a year since LTC announced last January […]
