Transactions New York CCRC approved for sale Harborside, a continuing care retirement community in New York, has been approved for sale by a bankruptcy judge. Court documents state the community has been acquired by Focus Healthcare Partners LLC. The documents state the community was acquired for a total of $82 million. Curt Schaller, co-founder and […]
Legend Senior Living
The senior living industry is standing at the precipice of a years-long demand cycle – and Legend Senior Living is ready to reap the benefits. The Wichita-based company has spent the last couple of years building a support structure in order to take on new growth. Now at 65 communities and counting in Florida, Colorado, […]
This article is part of your SHN+ subscription The senior living industry’s best-ever period of occupancy, margins and revenue growth is right in front of it in 2025. This was the prevailing sentiment that I took away from the recent American Seniors Housing Association (ASHA) conference, where optimism abounded amid talk of surging occupancy and […]
In 2025, senior living companies are gearing up for a big sales year in which they hope to add occupancy and new revenue to their operations. Earlier this week, we published a story detailing what 10 sales leaders from companies including LCS, Discovery Senior Living and Watermark Retirement Communities are expecting in the year ahead. […]
Tickets are still available for the Senior Housing News Sales and Marketing Conference on Feb. 18th and 19th in Bonita Springs, Florida. Hear insights like these and more from industry experts navigating the changing environment of senior living sales and marketing efforts. Senior living operators are evolving sales and marketing practices to meet growing demand […]
To say the least, 2024 was a year of change for the senior housing industry. Some of that change came through high-profile transactions that occurred throughout the year. Several of our most-read stories of the year focused on those deals. There were also plenty of personnel changes throughout the year as well, and stories related […]
Transactions Welltower acquires two communities for $42.7M Welltower announced it has acquired Heartis Bucks County in Warminster and Heartis Yardley, both in Philadelphia, for a combined $42.7 million. According to reporting from the Philadelphia Business Journal, both communities have been leased to Legend Senior Living. Legend now operates 62 communities. ESI arranges sale of South […]
Financings CFG closes on four deals, totals $76M Capital Funding Group announced it closed on four transactions totaling $76 million throughout September. According to a press release, the financing supported 16 skilled nursing communities. The financing was executed on behalf of nationally recognized borrowers, the release states. BWE secures refinance for Gentry Park Orlando BWE […]
Transactions Saint Therese to acquire Ohio community Saint Therese, a St. Louis, Minnesota-based aging care provider, announced it will be acquiring St. Mary of the Woods in Avon, Ohio on Dec. 1. St. Mary of the Woods is a 179-unit community located on a 23-acre campus, according to a press release. The release states it […]
Management Legend Senior Living grows portfolio to 60 Legend Senior Living announced it has assumed management of Crescent Fields at Huntingdon Valley, bringing its total up to 60. According to a press release, Legend has now added 12 communities over the last 12 months. The transition took place on Aug. 20. Thrive expands Texas footprint […]
Subscribe
Receive industry updates and breaking news from SHN