Transactions & Financings: New Senior Issues Fortress Affiliate $40 Million In Stock, NHI Lends $180 Million

New Senior Investment Group Issues Fortress Affiliate $40 Million in Series A Preferred Stock New Senior Investment Group (NYSE: SNR) filed an 8-K form with the Securities and Exchange Commission (SEC) indicating the New York City-based real estate investment trust (REIT) issued 400,000 shares of Series A Preferred Stock to FIG LLC, an affiliate of Fortress Investment Group (NYSE: […]

Four Creative Approaches to Mixed-Use Senior Living

Mixed-use development in senior living is on the rise, and the creative thinkers are winning. Whether including senior living or not, a common template for residential mixed-use is a single building with public retail, dining or both on the building’s ground floor, and apartments and condos above. This model is popular in senior living, too. […]

Trump Tariffs Could Worsen Senior Housing Construction Woes

New tariffs on steel and aluminum could throw a wrench into some senior living development plans and drive prices higher in an already costly construction landscape. The measure, which U.S. President Donald Trump unexpectedly announced earlier this month, is slated to go into effect on March 23. It would impose a 25% tariff on steel imports and […]

Movers & Shakers: LCS, Atria Senior Living

SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for assisted living jobs for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] LCS Appoints Bird to Leadership […]

Movers & Shakers: LCS, Atria Senior Living

SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for assisted living jobs for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] LCS Appoints Bird to Leadership […]

Senior Housing Investments & Transactions: Benchmark, Integra Realty Resources

Benchmark Senior Living Acquires Standalone Memory Care Community in New Hampshire Waltham, Massachusetts-based senior housing provider Benchmark Senior Living recently purchased The Arbors of Bedford, a standalone memory care community with 54 apartments in Bedford, New Hampshire. Specifically, Benchmark acquired an interest in The Arbors of Bedford from U.S. Healthcare Venture LLC, with whom it […]

In the Pipeline: Senior Housing Construction Projects (10/13/16)

Photo of The Sheridan and Creve Coeur, located in Creve Coeur, Mo.— Photo courtesy of Senior Lifestyle Corporation Construction: Planned Land Purchased for Senior Community, Calif. Carlton Senior Living based in Concord, Calif. has acquired 3.68 acres of land in Santa Rosa, Calif. for its newest senior housing community. It is anticipated to cost over […]

In the Pipeline: Senior Housing Construction Projects (1/7/16)

Construction: Planned Abby Development Plans $40 Million Texas Senior Living Community Dallas-based developer, owner and operator of luxury senior housing communities, Abby Development, this week announced plans to build a new project in Baytown, Texas. Dubbed Arabella of Baytown, the new community will be an approximately 284,000-square-foot development that will feature 100 independent living units, […]