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 […]
Harrison Street
Senior living operators and real estate investors — including industry giants such as Brookdale Senior Living (NYSE: BKD) — are increasingly prioritizing ESG projects with an understanding that the long-term benefits will make for healthier, more profitable companies. ESG stands for the environmental, social and governance portion of business planning and operations. With an increasing […]
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 WesleyLife to build new Meals on Wheels location WesleyLife will transform a building in the Drake University neighborhood of Des Moines, Iowa into a […]
Financings VIUM Capital Closes $1B in Q2 VIUM Capital, a senior housing and healthcare lender, announced that 2Q2022 was the most productive quarter in the company’s history with $1.1 billion in transactions. The active second quarter brings the total volume of deals to $1.4 billion over 44 loans including financing projects in 16 states. Columbus, […]
Harrison Street and Sabra Health Care REIT (Nasdaq: SBRA) are collaborating on a new initiative aimed at creating healthier senior living communities and finding new solutions through research. The companies are working with wellness real estate and technology company Delos, which announced the launch of an initiative it dubbed Wellness Innovation in Senior Environments (WISE) […]
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 the 2021 winners here. Construction: In progress Elevate to Break Ground on Florida Household-Style Community Work is slated to start soon for a new Elevate […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
Improving air quality and tightening infection control standards for senior housing became paramount in the throes of the Covid-19 pandemic. Now, the bar has been raised on how a senior living environment can and should foster health and wellness for senior living residents and workers. Two players in the space, private equity firm Harrison Street […]
Despite rising construction costs and delays caused by supply chain disruption, now is the time to get aggressive on senior living development pipelines. That was the message shared by Atria Senior Living CEO John Moore and Maplewood Senior Living CEO Gregory Smith at our recent BUILD conference in Chicago. Moore commented that it’s time to […]
Kayne Anderson Capital Advisers closed the largest fund in its history with plans to target senior housing along with medical office and student housing in its overall strategy. The opportunistic equity fund closed at $2.75 billion in capital investments, surpassing the $2 billion target set by the firm and the $2.5 billion estimates previously reported […]