Tickets are going fast for the annual Senior Housing News Chicago Summit. This half-day event will feature executives from Plante Moran Living Forward, Leisure Living, Pope Architects and and Symphony Senior Living as well as executives from other top operators, finance organizations, technology companies and more. The July 14th Summit in Chicago, Illinois will bring […]
Tickets are going fast for the annual Senior Housing News Chicago Summit. This half-day event will feature CEOs from Mainstreet, Belmont Village, Juniper Communities and Symphony Senior Living, as well as executives from other top operators, finance organizations, technology companies and more. The July 14th Summit in Chicago, Illinois, will bring you business insight and […]
Senior Housing News (SHN) is proud to announce the 2016 Summer Senior Housing News Summit in Chicago, Illinois on July 14, 2016. This year’s Chicago Summit promises to be exciting, with panels discussing the latest news, trends and issues surrounding the senior living and senior housing industries. Panelists and attendees will include a who’s-who of […]
Senior Housing News (SHN) is proud to announce the 2016 Summer Senior Housing News Summit in Chicago, Illinois on July 14, 2016. This year’s Chicago Summit promises to be exciting with panels discussing the latest news, trends and issues surrounding the senior living and senior housing industries. Panelists and attendees will include a who’s-who of […]
IPA Closes Record Sale of 33 SNFs in Texas Institutional Property Advisors (IPA), a division of Marcus & Millichap that specializes in serving institutional and major private real estate investors, sold 33 skilled nursing facilities (SNFs) in South Central Texas. The transaction is the largest seniors housing sale on record in the state, according to […]
Senior Living Investment Brokerage Facilitates Sale of Virginia Assisted Living Facility Glen Ellyn, Illinois-based Senior Living Investment Brokerage Inc. facilitated the sale of Lexington at Tazewell, a 42-unit, 33,480-square-foot assisted living facility in Tazewell, Virginia, for $2.15 million. The seller was the lender who had financed the renovations and then foreclosed on the developer. The buyer […]
CCRC in St. Charles, Missouri, Sold by IPA for $17 Million Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. that specializes in serving institutional and major private real estate investors, announced the sale of Carrington Place of St. Charles, a 294-bed, 234-unit continuing care retirement community (CCRC) in St. Charles, Missouri. Carrington Place of […]
Large senior housing owners are offloading assets—and smaller, regional providers are gobbling them up. There appears to be both rhyme and reason as to why, and where, this is occurring. The larger offloading trend can be attributed to the acquisition spree that REITs, in particular, have embarked on over the last few years, said Jason Smeck, managing director of seniors […]
Merger and acquisition activity in the senior housing market is at a high point, and new construction is high enough levels to drive concerns about oversupply. With all of this recent activity, it is important to know what differentiates smart acquisitions and builds from unwise ones. One particularly important metric is penetration rate, according to […]
Institutional Property Advisors Announces Senior Housing Transactions Totaling Over $6 million Institutional Property Advisors has announced its facilitation of the transactions of two senior housing facilities in Iowa and Illinois for more than $6 million total. Misty Meadows Senior Living Center in Metropolis, Illinois was sold by a limited liability company to Damen Healthcare for $4.38 […]
