Transactions JLL sells Atria community JLL Capital Markets announced it sold Atria at Foster Square, a 155-unit senior living community in Foster City, California. The community was built in 2016 as part of a mixed-use master-plan town center development, a press release states. Artemis Real Estate Partners bought the property in partnership with Atria Senior […]
Harrison Street
Senior living REIT Ventas (NYSE: VTR) is said to be acquiring a six-community portfolio on New York’s Long Island for $600 million. According to an Aug. 22 story on Bloomberg, sources familiar with the deal said that Ventas was acquiring the portfolio from Harrison Street and B2K Development. The latter will operate the communities with […]
Stellar Senior Living Co-Founder and Senior Vice President Adam Benton believes his company has its best-ever opportunities to expand in 2025 and beyond. Midvale, Utah-based Stellar is on a mission to enrich the lives of 10,000 senior living residents, families and employees by 2030, a goal Benton believes the organization can reach through measured growth. […]
This story is part of your SHN+ subscription In 2020, senior living operator Cogir had about a dozen communities in the U.S. Five years and one merger later, the company is nearing the 100-community mark with its next chapter of growth in sight. To Cogir USA CEO David Eskenazy, the senior living arm of Montreal-based […]
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 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 […]
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 has announced the final close of its new Harrison Street Real Estate Partners IX, L.P. fund, with more than $2.5 billion in capital commitments raised. The fund, which Harrison Street noted has more than $7 billion in buying power all told, will target a variety of product types, which includes student housing, senior […]
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 […]
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 […]
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