Acquisitions Green Courte Partners Announces Three Active Adult Acquisitions Green Courte Partners has announced that its investment fund, Green Courte Real Estate Partners V, and its affiliates have acquired three active adult cottage communities in the Oklahoma City area. The acquisitions bring the firm’s active adult portfolio to 17 communities, all of which are managed […]
Green Courte Partners
True Connection Communities CEO Jim Pusateri’s career in senior living has spanned three decades — and he believes not much has changed, until now. “I was just talking to our teams at our meeting saying, ‘Honestly, I’ll have been in the industry for 31 years in May, and I don’t think it’s changed very much […]
The senior living industry has not always had a clear vision of the active adult sector. But with the resilience of many active adult communities during the pandemic, some company leaders are taking a new look at the property type and sizing its potential for long-term growth. That includes Will Purvis, president of Liberty Senior […]
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. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Planned Vi Community in Florida Plans […]
Green Courte Partners is placing its senior housing and manufactured housing portfolios under one umbrella, and hired a hospitality executive to lead and grow the new affiliate. The Chicago-based real estate private equity firm on Tuesday announced it hired Andrew Alexander as CEO of Green Court Residential Holdings, which will consist of its senior housing […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
KeyBank secures $84M financing for 11-property Midwest Health portfolio. A KeyBank Real Estate Capital team led by Vice President Lee Delaveris secured an $84 financing package through Fannie Mae for an 11-property portfolio consisting of independent living and assisted living facilities owned and operated by Midwest Health. The portfolio comprises 584 units with properties located […]
New Senior completes $385M AL/MC Portfolio sale New Senior Investment Group (NYSE: SNR) completed the $385 million sale of its entire assisted living and memory care portfolio for a gross sale price of $385 million (the “Transaction”). Proceeds from the transaction, which was first announced last November, were used to reduce debt by approximately $360 […]
Green Courte Partners hit paydirt four years ago with a massive sale of mostly age-restricted mobile home communities. Now, the Chicago-based real estate private equity firm has its sights set on senior housing. Last year, Green Courte founded True Connection Communities, an in-house operator, and hired former Senior Lifestyle Corporation co-COO Jim Pusateri as its […]
Senior living providers are reworking their dining programs to include wellness-focused menus, cost-efficient kitchen methods and even food trucks. And these are just a few of the recent forward-thinking ideas providers have shared with Senior Housing News. With half of this year behind us, we thought it would be worthwhile to revisit some of these […]
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