Lasell Village President: Demand for University-Based Senior Living Will Only Grow

Every month, Lasell Village, – a CCRC on the campus of Lasell University in the Boston area – gets calls from other academic institutions wanting to replicate its senior living model. Based on the demand for expanding university-based senior living and the effects those models have on residents, Lasell Village President Zehra Abid-Wood believes now […]

Transform Podcast: Lasell Village President Zehra Abid-Wood

Lasell Village, located in the Boston area, continues to innovate in fostering intergenerational connections with its university-based senior living model. In this episode of the Senior Housing News TRANSFORM podcast, learn how the unique continuing care retirement community is building on its legacy as a pioneer of university partnerships with senior living, including by pursuing […]

Transactions & Financings: NHI’s Completes 8-Property, $115M Holiday Portfolio Sale; Bridge Sells Community for $15M

National Health Investors (NYSE: NHI) completed a sale of eight communities operated by Holiday Retirement. The total price was $115 million. The communities total 909 units, and NHI expects to realize a gain on the sale of up to $2 million. To date, the company announced $203.4 million in dispositions and expects to end 2021 […]

Transactions & Financings: Ziegler’s $184M Financing Deal Volume, Commonwealth Senior Living Acquires Virginia Community

Sales and operator transitions Commonwealth Senior Living acquires Virginia assisted living facility Commonwealth Senior Living acquired Cedar Manor Assisted Living, an assisted living facility in Chesapeake, Virginia including 60 assisted living beds and 12 memory care beds. The community will be rebranded as Commonwealth Senior Living at Cedar Manor. Immediately after the holiday season, the […]

Senior Living Can Ease Enrollment, Financial Pain Points for Universities

While it’s no secret that universities and senior living organizations can and do work together, challenges such as slow development timelines, mismatching priorities and miscommunication can make executing on these partnerships easier said than done. However big the challenges are, the opportunity for the senior living industry is even bigger, senior living consultant and adjunct […]

Developers Gain Upside with Senior Living, University Tie-Ins

University partnerships have long garnered interest among senior housing developers, driven by a built-in intergenerational component, availability of land and the opportunity to establish shared synergies between communities and the schools. As this trend develops, these joint ventures are bringing senior housing communities closer to the central campus, laying the groundwork to creating tomorrow’s intergenerational […]

LCS, Purchase College Building $320 Million, On-Campus Independent Living

A growing number of colleges are building senior housing near their campuses. Now, one New York school is going a step further, building a community on its campus. Purchase College — part of the State University of New York system (SUNY) — recently announced plans for Broadview Senior Living at Purchase College. The Purchase, New […]

CCRC Lasell Village Helps Propel Age-Friendly University Movement

Lasell Village is a Boston-area continuing care retirement community (CCRC) that is on the leading edge of several senior housing trends, notably intergenerational living and university partnerships. The CCRC is located right on the campus of Lasell College — a leader of the “age-friendly university” movement — and showcases the positive results that senior living […]

Movers & Shakers — People and Positions for April, Part III

The Bristal at Armonk Appoints Nichola Johnson as Executive Director The Bristal at Armonk in New York, an assisted living community that offers memory care support as well as enhanced levels of care, has announced the appointment of Nichola Johnson as executive director. In this position, Johnson will oversee all aspects of community operations for […]