Morgan Stanley Real Estate Investing Acquires Eight-Community Brightview Senior Living Portfolio

A portfolio of eight senior living communities originally developed by Brightview Senior Living has changed hands, with investment funds managed by Morgan Stanley Real Estate Investing as the buyer. The portfolio of communities comprises a total of 1,186 units across the Providence, Rhode Island; Baltimore, Philadelphia and Boston metropolitan areas. Brightview, headquartered in Baltimore, will […]

In the Pipeline: The Springs Living Opens Waterfront Property; Greystar, Belmont Village Start in California

In the Pipeline is part of your SHN+ subscription 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. Construction: Planned LeadingAge Maryland receives grant to boost affordable senior housing LeadingAge Maryland recently was selected for […]

Inland Buys 3 Senior Living Communities With ‘No Shortage’ of Future Growth Opportunities

The Inland Real Estate Group recently acquired three senior living communities from Harrison Street, and there’s “no shortage of opportunities” for growth next year and beyond, according to Inland Real Estate Acquisitions Senior Vice President Matthew Tice. The Oak Brook, Illinois-based organization currently owns 14 senior housing communities. In 2019, it launched a senior living […]

Harrison Street Acquires Five Communities from Brightview Senior Living 

Investment firm Harrison Street has acquired five senior living communities from Brightview Senior Living. The acquisition, announced Sept. 9, comprises 743 units spread out across Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia. Harrison Street is acquiring the communities as part of a joint-venture agreement with Baltimore-based Brightview Senior Living. “We are very excited to be […]

In the Pipeline: Chelsea Senior Living Opens New Jersey Community; LCS Marks Progress on Nashville Project

This content is part of your SHN+ subscription 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. Construction: Planned Chicago Scots receives $14M gift from The Negaunee Foundation The Chicago Scots nonprofit received $14 million […]

Transactions & Financings: Blueprint Arranges Arbor Terrace Sale, MicCap Closes in Illinois

Sales Blueprint Arranges Sale of Memory Care Community Blueprint Healthcare Real Estate Advisors announced it arranged the sale of a newly-developed senior living community in Virginia. The community – called Arbor Terrace Fairfax – is a 48-unit/54-bed memory care community in Fairfax County, Virginia that was developed by Capital Seniors Housing in partnership with the […]

Top Senior Housing Trends for 2023

Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]

Interest Rates, Cost Headwinds Prompt Investors to Seek Out Senior Living ‘Safe Havens’

The senior living industry has faced challenges from multiple sides this year, from cost inflation to rising interest rates. As a result, some investors are becoming more choosy about the communities they back as deals are becoming more complicated. Cap rates for newer, higher-quality and lower-acuity communities such as active adult or independent living have […]