When the novel coronavirus first swept the United States in late March and April, the pandemic raised fears about vulnerabilities for independent living, but this part of the senior housing continuum has so far proven resilient. In the early days of Covid-19, the better health, mobility and independent nature of residents made social distancing and […]
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. Submissions are currently open. Construction: In progress Integral Breaks Ground on Nevada Community Integral Senior Living (ISL) is slated to manage a senior living community under […]
Healthpeak selling Kentucky property managed by Atria Senior Living Healthpeak Properties (NYSE: PEAK) agreed to sell Atria Blankenbaker, a personal care and independent living facility managed by Atria Senior Living, to Wickshire Senior Living, an operator based in Brentwood, Tennessee, Nashville Business Journal reports. Wickshire’s portfolio includes communities in Georgia, Ohio, Indiana and Wisconsin. The […]
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Construction: Planned Erickson Opens Sales Center for Planned Community Erickson Living has opened a sales center for Avery Point, a continuing care retirement community (CCRC) slated to open in Short Pump, Virginia. Construction will occur in phases, with the first phase consisting of two residence buildings with 218 units and a community clubhouse scheduled to […]
Federal Reserve’s bond-buying program includes Welltower, Ventas, Healthpeak Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Healthpeak Properties (NYSE: PEAK) are among the real estate investment trusts receiving funding as part of the Federal Reserve Bank of New York’s Secondary Market Corporate Credit Facility (SMCCF), The Real Deal reported. The program, established as part of the […]
Developer Legendary Living and Integral Senior Living (ISL) — one of the nation’s largest operators — have forged a strategic partnership and are embarking on a pipeline of resort-style projects. Over the course of five decades, Destin, Florida-based Legendary Companies has created more than $3 billion in real estate development projects, including resorts, hotels, retail, […]
Construction: Planned National Church Residences Plans Community in Ohio Senior living nonprofit National Church Residences has plans to open a rental senior living community in Columbus, Ohio. The planned mid-rise community will have 62 one-and two-bedroom units. Planned amenities include a fitness center, a wellness suite and a community room with kitchen and social space. […]
Assisted living communities have been in lock-down mode since the Covid-19 pandemic struck the United States in mid-March — but this situation is slowly beginning to change. Over the next weeks and months, assisted living buildings will adapt again in order to facilitate certain visitors and restart some activities. To regain a semblance of normalcy […]
Columbia Pacific-Singapore Press Holdings Canadian portfolio deal Columbia Pacific Advisors and Singapore Press Holdings mutually agreed to terminate a previously announced sale of a six-property, 717-unit Canadian senior housing portfolio due to global market instability stemming from the Covid-19 pandemic. The acquisition price was about $175 million, Deal Street Asia reported Wednesday. Singapore Press Holdings […]
