In the Pipeline: AmeriCare Health’s New Flagship Community; Engel Burman Opens No. 15 on Long Island

Construction: Planned Erickson Opens Sales Center for Planned Community Erickson Living has opened a sales center for Avery Point, a continuing care retirement community (CCRC) slated to open in Short Pump, Virginia. Construction will occur in phases, with the first phase consisting of two residence buildings with 218 units and a community clubhouse scheduled to […]

Transactions & Financings: $277M Brookdale-Healthpeak CCRC Deal Complete; Genacross Lutheran-Benedictine Affiliation

Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]

Best Assisted Living Design of 2019: Vertical Mainstreet in a Micro-Urban Market

The trend of innovative senior housing communities being built in urban, mixed-use settings is not limited to the nation’s major metropolitan areas, as proven by an assisted living community that opened its doors last year in the town of White River Junction, Vermont. The Village at White River Junction brought 80 senior living units to […]

Movers & Shakers: Healthpeak Hires Senior VP of Risk Management; Buckner Names Hospitality Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions & Financings: ORIX-Hunt Real Estate Capital Merger; Diversified’s $103M Portfolio Sale

ORIX USA acquires Hunt Real Estate Capital ORIX Corporation USA completed its acquisition of Hunt Real Estate Capital, creating a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion. ORIX will combine Hunt into its existing brands, Lancaster Pollard and RED […]

In the Pipeline: Sunrise Plans Community in Canada; Hudson Enters Active Adult Space

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 and the annual SHN Awards Competition. Construction: Planned Sunrise Plans New Community in Canada Sunrise Senior Living is working with construction […]

Older Senior Housing Properties Show Strong Occupancy But Investments Needed

Conventional wisdom states that consumers are attracted to shiny new senior housing product that has flooded certain markets in recent years, putting older properties at a disadvantage and eroding their occupancy. This is not necessarily the case, as statistics show that top-performing senior housing properties tend to be between 10 and 17 years old. However, […]

Life Care Services Tops J.D. Power Ranking of 8 Large Senior Living Providers

Life Care Services has the most satisfied residents among eight large industry competitors, according to a new study from global marketing information services company J.D. Power. Des Moines, Iowa-based Life Care Services, an LCS company, took the top spot, followed by McLean, Virginia-based Sunrise Senior Living; Newton, Massachusetts-based Five Star Senior Living (NYSE: FVE); and […]