In the Pipeline: HumanGood Expanding In Philadelphia; American House Grows in Florida 

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 HumanGood receives $3.3M grant for Philly affordable community HumanGood recently announced a $3.3 million grant […]

New HUD Guidelines Could Help More Senior Living Operators Access Financing

New federal guidelines around mortgage insurance applications could help more senior living providers access financing. The new U.S. Department of Housing and Urban Development (HUD) rules change a corporate credit review period of 18 months and increase the threshold for when a corporate credit review is required as it pertains to seeking HUD financing. According […]

Transactions and Financings: Blueprint Advises Anthology Community Sale; HUD Awards $160.1M in Grants

Transactions Blueprint advises sale of Anthology Senior Living Community Blueprint advised the sale of a 101-unit Anthology Senior Living Community in the Cincinnati, Ohio metro on Oct. 3. The community opened in 2017 and was sold to Community First Solution, a regional not-for-profit. The sale of the community was to recycle capital, and Blueprint helped […]

Must-Read News: Columbia Pacific’s $2 Billion Senior Housing Play

Happy Monday, Senior Housing News readers!  Here are several stories you simply must read before jumping head on into this week: Columbia Pacific Advisors, founded in part by Emeritus Co-founder Dan Baty, moved to purchase the 79-property portfolio of Vancouver, Washington-based Hawthorn Retirement Group. Columbia Pacific Advisors’ planned acquisition of Hawthorn Retirement likely commanded a […]

Assisted Living Provider in Hot Seat After HUD Audit

Many assisted living companies seek financing insured by the Department of Housing and Urban Development (HUD). However, doing so comes with requirements that providers must be vigilant about meeting, as demonstrated by a recent audit report of one California assisted living community from the HUD Office of Inspector General.  The 101-unit Cypress Meadows community—with a […]

Senior Housing Finance Activity: PointClickCare Raises $85 Million

PointClickCare Closes $85 Million Financing Round, Postpones Potential IPO PointClickCare Technologies announced on Wednesday that it has closed an $85 million financing round led by San Francisco-based public and private investment firm Dragoneer Investment Group. JMI Equity also participated in the round. PointClickCare, based in Mississauga, Ontario, Canada, provides cloud-based software and services for the senior living […]

Movers & Shakers: Genesis’ New COO, Aegis Living’s New Chief Marketing Officer

Senior Housing News will be observing the Thanksgiving holiday Thursday, Nov. 24 and Friday, Nov. 25. We will return to our normal posting schedule Monday, Nov. 28. Genesis Healthcare Reveals Executive Departures, Appointments Genesis Healthcare, Inc. (NYSE: GEN) revealed the retirement of Robert A. “Mike” Reitz from his position of executive vice president and COO […]

Movers & Shakers: Lifespace Communities’ New Senior VP of Business Development

Lifespace Communities Appoints Senior VP of Business Development Lifespace Communities, one of the nation’s largest not-for-profit senior living providers, hired Joe Anderson as senior vice president of business development. In the role, Anderson will drive the Des Moines, Iowa-based company’s growth through mergers and acquisitions. He comes to the role with almost 30 years of […]