Invesque’s Portfolio Shift to Senior Living Progresses with Sales, Operator Transitions

Invesque (TSE: IVQ.U) has taken further steps toward accomplishing its long-term portfolio plan of shifting toward private-pay senior living and away from skilled nursing. Approximately 35% of its current pro forma net operating income (NOI) comes from skilled nursing, executives with Invesque said Thursday on the company’s Q3 2021 earnings call. That’s a drop from […]

Senior Housing Finance Activity: Grandbridge, Lancaster Pollard, HJ Sims

Grandbridge Facilitates Debt Assumption for HCN Acquisition Grandbridge’s Seniors Housing and Healthcare Finance Team recently facilitated the acquisition and approximately $4.4 million loan assumption of Cascades at Grass Valley, formerly Highgate Grass Valley, in Grass Valley, Calif., on behalf of Health Care REIT. The purchase price was not disclosed. Cascade Senior Living will operate the […]

Senior Living Providers: Memory Care Isn’t One Size Fits All

Senior living providers practice a variety of innovative techniques when managing aggressive behaviors that can be typical of residents with dementia, and they agree one of the biggest components is proactivity. Know Your Residents This typically means knowing each resident and being familiar with their history and their patterns of behavior, says Janet Haynes, RN, […]