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JLL
This article is part of your SHN+ subscription Despite issues with lending and questions about interest rates, 2024 is shaping up to be a relatively steady year for new senior living transactions. Multiple brokers have reported an increasing amount of transaction volume so far in 2024, in line with expectations that the frozen landscape for […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
More investors are seeking to increase their exposure to the senior housing industry as M&A deals present themselves in 2024, according to the latest results of an annual survey from JLL Capital Markets. The survey, released Feb. 13, contains responses from more than 100 professionals working in the senior housing and care space. Slightly less […]
Sales SLIB Aids in Sale of Georgia AL Community Senior Living Investment Brokerage (SLIB) announced its role in the sale of an Atlanta-area assisted living community. The community, called Laurel Lodge Assisted Living, includes 72 units in Cleveland, Georgia, which is located about 90 miles northeast of Atlanta. Laurel Lodge was at 100% occupancy at […]
Financings VIUM Capital Closes $1B in Q2 VIUM Capital, a senior housing and healthcare lender, announced that 2Q2022 was the most productive quarter in the company’s history with $1.1 billion in transactions. The active second quarter brings the total volume of deals to $1.4 billion over 44 loans including financing projects in 16 states. Columbus, […]
Depressed occupancy, staffing shortages, higher expenses, compressed margins, community age — these are some of the forces that have affected senior living valuations in the age of Covid. According to the latest data from senior housing and health care real estate advisory services firm HealthTrust, average senior living sale prices per unit dipped slightly last […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
Recent occupancy and absorption trends show that recovery is underway in the senior living industry. But not all operators and communities are seeing the same kind of gains. Some communities and property types have rebounded from pandemic lows faster than others, with variations in the same market or the same owner/operator portfolio. Given all of […]
True Connection Communities CEO Jim Pusateri is excited about the potential synergies between traditional senior living providers and manufactured housing communities — and he is in a position to drive such innovations. That’s because True Connection is owned by private equity firm Green Courte Partners, which also owns a manufactured housing portfolio. “That’s one of […]