USA Today Raises Concerns About Covid-19 Fees for Assisted Living Residents

A USA Today article on long term care facilities charging higher service fees during the coronavirus pandemic shines another spotlight on the rising expenses incurred by providers — and raises questions about whether assisted living operators are unfairly passing on costs to residents. The article focuses largely on a resident at Legend of Mansfield, a […]

Transactions & Financings: Ventas’ $490M Colony Capital Refinancing; BPM Senior Living Portfolio Sold

Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]

Movers & Shakers: Mount Miguel Covenant Village’s Culinary Shakeup

Lancaster Pollard Opens Chicago Office Lancaster Pollard opened a new office in Chicago, with Brett Murphy serving as the firm’s primary health care banker for Illinois. In Chicago, Murphy will provide seniors housing and health care clients with a range of investment banking, mortgage banking, private equity, balance sheet financing and M&A advisory services. Murphy […]

Senior Housing Investments & Transactions: Signature Senior Living

Joint Venture Acquires Northgate Terrace in California for $27.5 Million WNC, a national investor in real estate and community development initiatives, announced recently that its subsidiary, Community Preservation Partners LLC, has acquired Northgate Terrace, a 201-unit affordable senior housing community in Oakland, Calif., in a joint venture with Related Affordable LLC, for $27.5 million. The […]

In the Pipeline: Senior Housing Construction Projects (4/23/15)

Construction: Planned Legend Senior Living Proposes $80 Million Project for Golf Club Redevelopment Wichita, Kan.-based Legend Senior Living recently submitted a proposal to build an $80 million community as part of a 136-acre redevelopment of the Meadowbrook Golf & Country Club in Prairie Village, Kan., reports Kansas City Business Journal. Legend, which owns and operates […]

[Updated] ALFA Takes Senior Living Certification to the Next Level

The Assisted Living Federation of America (ALFA) is forming an independent credentialing organization that will operate and govern certification programs for senior living providers. Established separately from the organization, the new credentialing push is the latest in a series of initiatives the senior living trade association has been developing over the past year, which has seen […]

Future of Senior Living: It’s a Different Ball Game

From the onslaught of senior living searchers whose first stop is Google, to preparing for a merger that will create the largest brand ever seen in the industry, providers say they are making some adjustments in the way they are positioning themselves for the future of senior living. This includes the rise of national competitors in a […]