JLL completes $2B HFF acquisition Stockholders at Dallas-based capital services provider HFF (NYSE: HFF) last week approved a proposal by commercial real estate services firm JLL (NYSE: JLL) to buy HFF in a cash-and-stock transaction valued at $2 billion. News of the deal was first announced in March. Both firms are active in the senior […]
JLL
Senior-only apartments have emerged as their own product type, which may compete to some degree with independent living but is mostly attracting a different, younger resident. That’s according to JLL’s 2019 Seniors Housing Survey, which reached out to over 1,000 lenders, operators and industry consultants about their confidence in senior living as an investment class […]
The real estate capital markets landscape was shaken up Tuesday with the news that commercial real estate services brokerage JLL (NYSE: JLL) announced a definitive agreement to buy Dallas-based capital markets provider HFF (NYSE: HF) in a cash and stock transaction valued at $2 billion. Both firms are active players in senior housing and generated […]
Professional services firm JLL (NYSE: JLL) is beefing up the senior housing side of its business with new additions to its national real estate team. The company recently hired Mike Garbers and Cody Tremper as managing directors who will focus on advising owners, investors and operators in the senior housing and skilled nursing industry. Garbers […]
Health care providers are increasingly embracing creative real estate strategies, paving the way for more medical office buildings to co-locate alongside senior living communities. Many developers and owners of medical office buildings are moving away from hospitals and instead opening their doors closer to where patients live, according to recent research report from professional services firm JLL (NYSE: JLL). […]
With the senior living industry facing a workforce crisis, it’s becoming increasingly urgent to draw talented students to the sector. Two different projects, one involving non-profit provider Mather Lifeways and the other involving commercial real estate firm JLL, showcase the potential payoffs if senior living professionals and residents can engage with college students. The projects […]
The shift from building communities with only one level of care to building with an entire continuum of care seems like it could be here to stay in senior living. Dynamic pricing, which some providers have touted as a more effective and technologically sophisticated way of setting rents, is most likely on its way out. […]
Senior housing and care investors and operators see appeal in senior living communities that offer both independent and assisted living services, according to a new survey from professional services firm JLL (NYSE: JLL). JLL’s Year-End 2017 Seniors Housing Investor Survey, released Thursday, included more than 250 potential respondents, including investors, operators, developers and lenders in the […]
Walker & Dunlop Arranges $20 Million and $6.9 Million Loans for Senior Housing Projects in Florida, Wisconsin Bethesda, Maryland-based commercial real estate services and finance company Walker & Dunlop (NYSE: WD) recently arranged a $6.9 million loan for William Booth Towers, a 15-story, 168-unit Section 8 apartment community in Orlando, Florida, that’s restricted to residents 62 years old […]
Happy Monday, Senior Housing News readers! Last week was a short one—and, let’s face it, you probably didn’t spend your Fourth of July catching up on the latest news. Luckily, we’ve got you covered. Here’s all of last week’s must-read news you may have missed: A Place for Mom is being sold for an undisclosed […]