MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living Read More »
In the Pipeline: Welltower and Kisco CCRC Expansion, Integral’s New Texas Community
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Kisco, Welltower CCRC in Read More »
Movers & Shakers: Five Star Names Adam Portnoy as Managing Director
Five Star Senior Living Names Adam Portnoy as Managing Director Five Star Senior Living (Nasdaq: FVE) announced that Adam Portnoy was elected as its new managing director. Portnoy, 47, was elected in order to fill a vacancy on the board left by the unexpected passing of Read More »
In the Pipeline: Senior Housing Construction Projects (11/27/17)
Construction: Planned Upscale Senior Living Community to Open Near Emory A new upscale senior living community is planned to open near Atlanta’s Emory University in 2019. The Holbrook Decatur will cost $74 million and have 71 apartments for people in the “active 50-plus” demographic, according Read More »
Kisco Senior Living Scales Up Smart Home Tech
Among a crowded field of senior care technology startups, K4Connect has commanded a lot of attention. Partly that’s because its founder, Scott Moody, previously helped create TouchID, the technology for unlocking an iPhone with a fingerprint. Partly it’s because the company has succeeded where many other Read More »
5 Tips for More Successful Tech Pilots in Senior Living
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next Read More »
Senior Housing Finance Activity: HJ Sims, Capital One
HJ Sims Completes $98 Million Financing for Life Plan Community in Pennsylvania HJ Sims, a privately held investment bank and wealth management firm, recently completed a $98 million financing for Brethren Village, a life plan community in Lancaster, Pennsylvania. The financing consisted of fixed-rate, BB+ Read More »
Senior Housing Investments & Transactions: Griffin-American Healthcare REIT IV
Griffin-American Acquires Five-Building Portfolio Near St. Louis American Healthcare Investors and Griffin Capital Company, the co-sponsors of Griffin-American Healthcare REIT IV, acquired the five-building SW Illinois Senior Housing Portfolio in the St. Louis metro area. The property was purchased from A&M Property Holding, an unaffiliated third party represented Read More »
In the Pipeline: Senior Housing Construction Projects (2/23/17)
(Rendering of Atria at Villages of Windsor located in Palm Beach County, Florida — photo courtesy of Atria Senior Living) Construction: Planned Developers Investing $9 Million In New Memory Care Community A new memory care community is planned to start construction soon. The $9 million Read More »
In the Pipeline: Senior Housing Construction Projects (2/16/17)
(Rendering of River Tower at Harbor’s Edge, located in Norfolk, Virginia— photo courtesy of Harbor’s Edge) Construction: Planned Upscale Retirement Community Tower Planned in Virginia Harbor’s Edge, a Life Plan Retirement Community in Norfolk, Virginia, announced it is building a new, $100 million, 27-story building. River Read More »
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