Harbor Retirement Associates (HRA) is focused on high-end communities and programming for residents — and that can help defend against competitors that resort to deep discounts in some markets. But even luxurious services and amenities can only go so far. The Vero Beach, Florida-based operator has 34 communities, some of which have applied strategic concessions […]
After closely analyzing every one of its senior housing assets, real estate investment trust HCP (NYSE: HCP) has hit the accelerator to create a portfolio that will outperform the broader industry in the coming years. “It’s hard to predict too far into the future in senior housing, just given the uncertainty about continued new supply […]
With its senior housing portfolio makeover largely in place, HCP (NYSE: HCP) is now turning its attention to triple-net leases that are coming up for renewal and adding to its RIDEA relationships. The Irvine, California-based health care real estate investment trust discussed its plans before an audience at the NAREIT 2019 Investor Conference in New […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition.C Construction: In progress CA Senior Living Starts Work on Community Near Philadelphia CA Senior Living — […]
Harbor Retirement Associates (HRA) has promoted its longtime controller to the chief financial officer role. Chris Collins is HRA’s new CFO, the Vero Beach, Florida-based senior living operator announced Wednesday. Collins worked as HRA’s controller for the past six years. He is replacing departing CFO Tom Mitchell, who is leaving the job after six years for […]
When trying to decide whether a plot of land is right for a senior housing development, Harbor Retirement Associates (HRA) asks this question: Is there a Talbots clothing store in the area? “Talbots selects their sites based on their catalog or internet sales and ZIP code analysis, and we know that we’re targeting the same […]
President and CEO of The New Jewish Home Retires Dr. Audrey Weiner will retire as the president and CEO of The New Jewish Home, based in New York, at the end of this year. She held the position since 2002, and has been a part of The New Jewish Home since 1993 when she was […]
Construction: Planned Construction Set to Begin on New Senior Community Located in Wilmington, Delaware, HarborChase of Wilmington is set to be underway soon. The community will have 64 apartments for assisted living apartments and 32 for memory care. Residents will be able to enjoy a chef’s fare dining program with seasonal options and a customized […]
Construction: Planned Senior Community Planning Addition, Iowa Located in Marshalltown, Iowa, Glenwood Place is planning for a $3.5 million addition to its independent living and assisted living apartments. The addition will add eight independent living apartments and 12 assisted living apartments to the community. Glenwood Place already has two bedroom independent living townhomes, assisted living apartments […]
The seniors housing and medical office building industries may have more in common than meets the eye. In fact, they may be more like close family than distant relatives, according to some experts. The sectors are undeniably growing closer, according to Gino Lollio, vice president investments at national brokerage firm Marcus & Millichap and senior director […]
