Movers and Shakers — People and Positions for July, Part I

Kayne Anderson Promotes Max Newland to Managing Director Kayne Anderson Real Estate Advisors (KAREA), a private equity from in the senior housing segment, announced it has promoted Max Newland to Managing Director. In his new position, Newland will continue to be responsible for origination, analysis, underwriting and execution of acquisitions for Kayne Anderson’s real estate […]

New Entrants Drive Senior Housing Investor Market to New Heights

With a demographic boom ahead driving undeniable demand, the senior housing sector is attracting a slew of investors, an investment banking firm said during a webinar Thursday. There has been a shift among investors toward the real estate industry, specifically signaling a direct need of those trying to get into the senior housing space, said […]

Discovery Banks on Florida for Next $200 Million of Senior Living Projects

A Florida-based senior living developer is investing heavily in the market with five new senior living campus that will add more than 700 units to its existing portfolio. Discovery Senior Living, headquartered in Bonita Springs, Fla., recently partnered with private equity group Kayne Anderson Real Estate Advisors for joint venture ownership and management of portfolios […]

Senior Housing Becoming Mainstream Asset Class for Investors

Senior housing is looking like the ‘flavor of the month’ for investment, its appeal increasing thanks to favorable demographic and performance trends that are expected to continue, investors say. Private equity firm Kayne Anderson Real Estate Advisors has invested more than $700 million into senior housing assets in recent months and believes the sector is […]

Senior Housing Investments & Acquisitions (10/29/13)

Capital Senior Living Buys Ohio Senior Living Community for $4 Million Capital Senior Living (NYSE:CSU) has acquired a senior living community in Middletown, Ohio for $4.1 million, reports the Dayton Business Journal. The Woodlands of Middletown has 61 units, comprised of 40 assisted living and 21 memory care units.  In September 2012, Rittenhouse Senior Living […]

Senior Living Provider Teams with Investor to Acquire Six Properties from GE

A Florida-based operator and developer of senior housing has acquired six properties in the Sunshine State under its newest partnership with a private equity firm. Through a new partnership between Discovery Senior Living and Kayne Anderson Real Estate Advisors (KAREA), the companies have acquired six Class A properties comprising 1,930 units of senior housing, formerly […]