New Senior to Sell Holiday, LCS Properties for $296 Million

New Senior Investment Group (NYSE: SNR) is trimming its portfolio by undertaking $296 million in asset sales, the New York City-based real estate investment trust announced Thursday. The transactions involve a $186 million sale of six properties triple-net leased to Life Care Services (LCS) and a $109.5 million sale of nine properties managed by Holiday Retirement. Des […]

Must-Read News: Brookdale Priced at $3 Billion?

Happy Monday, Senior Housing News readers! Here are some recent must-read stories to start your week: Life Care Services hopes to capture some of Walt Disney World’s magic when it opens an $82 million, 239-unit community in nearby Celebration, Florida. Brookdale Senior Living (NYSE: BKD) is now reportedly in acquisition talks with a Chinese firm […]

Hot Takes on CCRCs from Brookdale, Vi and LCS

Continuing care retirement communities (CCRCs) have been around for a long time, with their roots in religious organizations, but the for-profit operating model of today presents specific challenges and opportunities. Current CCRC leaders might sometimes feel like they’re in the “space shuttle business” or fighting a perception that they’re operating a “dinosaur product.” To learn why, check out this roundup of […]

Useless Robots, Smart Apartments: Getting Tech Right in Senior Housing

The shift from the silent generation to the baby boomers in senior housing is slowly happening, and one large distinction between the generations is that boomers want more tech. Balancing implementation of certain technologies in communities is a challenge for some operators, Michael Skaff, chief operating officer at The Masons of California, said during a panel […]

Tips to Address Slow Senior Housing Lease-Ups

This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which […]

In the Pipeline: Senior Housing Construction Projects (12/8/16)

(Rendering of Terramor located in Temescal Valley, California —photo courtesy of Foremost Companies) Construction: Planned Florida CCRC Plans $35 Million Expansion Project A continuing care retirement community (CCRC) in Palm Beach Gardens, Florida, La Posada, will undergo a $35 million expansion and renovation project in the new year. The expansion includes the addition of a […]

Senior Housing Finance Activity: Greystone, HFF

CBRE Secures Millions in Loans for The Waters Senior Living CBRE National Senior Housing Vice Chairman Aron Will recently arranged acquisition financing on behalf of a joint venture between Minnetonka, Minnesota-based senior living developer/owner/operator The Waters Senior Living and an institutional client for The Waters of Edina, a 139-unit, Class A assisted living and memory care […]

New SHN Job Board—Post Opportunities, See Who’s Hiring

Senior Housing News and its job board attracts the best and brightest talent in the industry.  If you’re trying to find candidates who are synched up with industry trends and insights, post your new jobs with us here to get in front of those candidates. In this week’s SHN jobs listing, companies such as Senior […]