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: In Progress Senior Lifestyle makes progress on Maryland luxury community Senior Lifestyle is nearing the final stretch of construction on a 102-unit luxury community in […]
Inspirit Senior Living
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 […]
Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]
There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]
HFF Announces Construction Financing for Denver Community Holliday Fenoglio Fowler, L.P. (HFF) has announced new construction financing for Solera at Cherry Creek, a planned senior housing project in Denver, Colorado. HFF’s team members worked to arrange the construction loan through a national bank on behalf of the developer, a joint venture between affiliates of Banner […]
Inspirit Senior Living Acquires Two Communities in Pennsylvania Inspirit Senior Living has acquired two senior housing properties in the state of Pennsylvania. The 67-unit Willow and the 70-bed Palmerton, which were previously owned and operated by LifeCare Holdings and The Weston Group, respectively, mark the third and fourth acquisition for the Fairfax, Virginia-based company. Both […]
Arcapita Acquires $200 Million in Senior Living Properties in 2016 Global investment firm Arcapita acquired a privately-held senior living portfolio of three properties for $110 million in the metro areas surrounding Washington D.C. and Atlanta. The properties will be managed by an affiliate of The Arbor Company. The portfolio brings Arcapita’s total investment in the […]
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