Transactions The Green House Project and the Pioneer Network Team Up The Green House Project and Pioneer Network announced they would enter into a formal alliance with the goal of sparking cultural, organizational and physical change in senior living and senior care. The two brands share roots and have long worked together. The Pioneer Network […]
Life Enriching Communities
The Covid-19 pandemic has burdened senior living operating budgets, and operators say two items on their balance sheets pose the biggest threat to financial stability: labor and food. On the labor side, expenses have risen as operators have leaned on overtime and agency workers to maintain service levels amid staffing shortages. At the same time, […]
Hudson Originates $37.75 Bridge Loans for Columbia Pacific Advisors Hudson Realty Capital completed its first health care deal on the heels of hiring senior living industry veteran Ashley Wilkens as director, deputy chief underwriter. The transaction involved two bridge loans aggregating $37.75 million secured by two senior living and memory care communities. One is The […]
The pace of nonprofit affiliations accelerated in recent years, and the drivers behind consolidation are expected to grow in a post-pandemic landscape. Those drivers include single-site providers benefiting from scale offered by larger providers, including through improved health care services and reimbursements, access to capital for campus expansions and capital expenditures, and as a solution […]
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(Exterior of Trillium Woods, a $161 million CCRC now open in Plymouth, Minn.) Construction: Planned Douglas Wilson Companies to Launch First Senior Living Development Signaling its entry into the senior living market, Douglas WIlson Companies (DWC) plans to break ground on its first assisted living and memory care community next year. The inaugural project will be a […]
Two Ohio senior living providers have bought a stake in a regional home healthcare agency as part of a move to expand service offerings and invest in a growing—but consolidating—home care market, reports Cincinnati.com. Life Enriching Communities, the operator of Twin Lakes in Montgomery and Twin Towers in College Hill, and Episcopal Retirement Homes, the […]
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