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 […]
Harrison Street
Bain Capital Real Estate and Capitol Seniors Housing (CSH) have closed on the sale of a seven-property portfolio of Class-A assisted living and memory care communities. The firms did not disclose financial terms of the sale. They also did not disclose the buyer or buyers, nor the operator or operators of the properties. The portfolio […]
Harrison Street closed its eighth opportunistic fund at $2 billion and intends to dedicate about half the fund to senior housing and other health care assets. That’s according to PERE, which on Monday reported on the closing of the fund, Harrison Street Real Estate Partners VIII (HSREP VIII). Chicago-based Harrison Street has a long history […]
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. Submissions are currently open. Construction: Planned Anthology Senior Living Announces Three New Senior Developments Anthology Senior Living is partnering with Harrison Street and Peninsula Investments Group […]
Harrison Street has announced the closing of a dedicated fund targeting Canadian markets for new senior living, student housing, medical office, life science storage and digital assets. The Harrison Street Canada Alternative Real Estate Fund recently completed its first closing, with an expected initial investment capacity of over 550 million Canadian dollars, or just over […]
Chicago-based private real estate investment management firm Harrison Street and vertically integrated senior housing operator Anthology Senior Living are joining forces to develop three communities in Florida and Massachusetts. The new JV encompasses an 86-unit community in Natick and a 105-unit community in Millis, Massachusetts; and a 130-unit community in Boynton Beach, Florida. The three […]
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. Submissions are currently open. Construction: Planned New Orleans CCRC Plans to Expand, Add Green House Units Poydras Home, a continuing care retirement community (CCRC) in New […]
During the last year, many senior living ownership groups worked closely with operators and granted them leeway on certain pre-pandemic expectations. But the situation is now changing, creating tension and generating debate about whether new capital structures are needed. Corporate talent management firm Ferguson Partners recently had conversations with 13 industry executives, including owner and […]
American House Senior Living Communities is in “aggressive growth mode,” and new COO Brianne Zitko is helping to lead the charge. The Bloomfield Hills, Michigan-based senior living operator announced Zitko’s promotion from senior vice president of growth strategy to COO on May 11. In her new role, she will guide the company as it adds […]
The Covid-19 pandemic raised the stakes for senior housing design, making it more important than ever for these buildings to promote the health and wellness of residents, staff and visitors. Private equity firm Harrison Street is seeking to be in the vanguard of healthy senior housing buildings, through a partnership with the Center for Active […]