The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Zach Rigby, director, capital markets for Jones […]
Last year was a busy one for senior housing loans through Fannie Mae’s Delegated Underwriting and Servicing (DUS) program. Seniors housing loan volume totaled $5.5 billion in 2017, which is an increase of 267% from 2016’s total of $1.5 billion, according to Fannie Mae. The top three DUS producers for seniors housing in 2017 were KeyBank […]
Trilogy Health Services Refinances SNF and Senior Health Portfolio For $158.4 Million Trilogy Health Services refinanced a portfolio of 10 senior health campuses in Indiana, which offer independent living, assisted living, memory care, rehabilitation and skilled nursing options. The loan, totaling $158.4 million, puts in place a permanent debt structure with a low interest rate, and pays […]
President and CEO of The New Jewish Home Retires Dr. Audrey Weiner will retire as the president and CEO of The New Jewish Home, based in New York, at the end of this year. She held the position since 2002, and has been a part of The New Jewish Home since 1993 when she was […]
Capturing more U.S. senior housing business appears to be a priority for Jones Lang Lasalle (NYSE: JLL) as it seeks the leading share of global capital outflows for real estate, with the recently announced $260 million acquisition of Oak Grove Capital contributing to that goal. When the deal closes, all 120 Oak Grove employees will […]
HCP, Inc.’s (NYSE:HCP) Chairman and CEO Lauralee Martin discussed the impacts of rising rates, international investment opportunities, competitor Ventas (NYSE: VTR) and other potential headwinds facing healthcare-focused real estate investment trusts in 2014 in a interview with Seeking Alpha. The former executive at Jones Lang LaSalle (JLL) assumed her leadership role at HCP following the […]
The board of directors of HCP Inc. (NYSE:HCP) announced Thursday it has fired chairman, president, and CEO James Flaherty III and elected Lauralee Martin to the position of president and CEO. The board also elected Michael McKee, HCP’s lead director, as non-executive chairman. HCP is the largest healthcare real estate investment trust in terms of market […]
Healthcare real estate investment trusts (REITs) investing in senior housing and medical office building acquisitions are continuing to outpace other REIT categories in raising capital with record-setting numbers through mid-year 2012, according to data compiled by the Healthcare Capital Markets group at Jones Lang LaSalle. Capital raised by healthcare REITs through the middle of 2012 set […]
India’s senior population is expected to grow 250% by 2050. This surge coupled with the country’s underdeveloped senior housing industry offers plentiful opportunities for providers looking to offer housing and related services for India’s older adults. The global aging phenomenon is opening doors of opportunity for the American senior living industry in multiple countries across […]
There’s a tremendous emerging need for senior housing in India, and its senior living sector is currently at a crossroads as the country figures out how to care for a population that’s living longer than ever before, according to a Jones Lang LaSalle white paper. The 60+ demographic is the “fastest growing demographic segment in the world,” […]
