Healthpeak Prices $600M in Unsecured Senior Notes Healthpeak Properties (NYSE: PEAK) announced a public offering of $600 million aggregate principal amount of 2.875% senior unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes. Healthpeak plans to use the net proceeds from the offering to fund the redemption […]
Harbor Retirement Associates
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Charter, DMK Announce Plans for Michigan Community Charter Senior Living and DMK Development […]
Welltower sells Florida assisted living facility for $56M Welltower (NYSE: WELL) sold Aston Gardens Assisted Living in Parkland, Florida for $55.7 million, The Real Deal Miami reports. The buyer was Kayne Anderson Capital Advisors. the property is operated by Discovery Senior Living. The property sold for $78 million in 2015. The latest sale marks a […]
Harbor Retirement Associates (HRA) is focused on high-end communities and programming for residents — and that can help defend against competitors that resort to deep discounts in some markets. But even luxurious services and amenities can only go so far. The Vero Beach, Florida-based operator has 34 communities, some of which have applied strategic concessions […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design p, the annual SHN Awards Competition. Construction: Planned Ryan Cos., Great Lakes Plan Wisconsin Project Ryan Companies and Great Lakes Management are […]
Harbor Retirement Associates (HRA) doesn’t have “restaurant-style” dining venues, it has restaurants. That’s the philosophy adopted by Chris Thompson, who became vice president of hospitality for the Vero Beach, Florida-based senior living operator about one year ago. In that role, Thompson is directly in charge of the company’s food and beverage initiatives, including its daily […]
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A Dallas-based senior housing owner and developer known for high-end properties is expanding in the Washington, D.C., area, with a plan to tap Watermark Retirement Communities as its newest operator. The developer — Silverstone Senior Living — also has ownership ties to noted wellness brand Canyon Ranch, which itself recently announced an intention to enter […]
More women hold senior management positions in senior living than in other U.S. industries, but that does not hold true all the way to the top executive roles. Specifically, about 70% of senior management positions in senior living are held by women, compared to an average rate of about 56% of these positions being held […]
Confluent Senior Living has emerged in the past year as an active developer with a national senior housing portfolio and partnerships with three well-established operators. The Denver-based firm has 13 completed communities, with another six in varying stages of construction, Managing Director John Reinsma told Senior Housing News. In the past 12 months, Confluent nearly […]