Insight Living is building a new make and model of the senior living “bus” while driving it down the highway. That’s an analogy Principal Bryan Ziebart uses to highlight the daunting road ahead for senior living providers. On the one hand, operators will need to continue to drive operations and gain occupancy and elongate margins […]
Link Senior Development and Insight Senior Living are forging ahead with vertically integrated senior living brand Ativo, with a handful projects underway and more to come down the road, including some relating to tech pilots. “We’ve really had a productive year so far,” Ziebart told Senior Housing News. “We’re evaluating additional acquisition opportunities right now, […]
Financings Ziegler Closes $47M Financing Ziegler announced the successful closing of a $47 million financing Saint Therese of Corcoran, a Catholic senior living organization that will be used for the construction of a new community. The community will be built in Corcoran, Minnesota and will include 99 IL, 34 AL and 20 memory care units […]
Transactions Integral Senior Living Assumes Management of Four Communities Integral Senior Living announced it has assumed management of four assisted living and memory care communities owned by MedCore Partners in the Mountain West. The move further expands the working relationship between Dallas-based real estate firm MedCore and Carlsbad, California-based Integral Senior Living. The communities, three […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Planned Mixed-Use Project in California to Include Senior Living Mana Investments and Hunter Street Partners have won approval to develop a new senior housing […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned LifeCare Properties, ERG Plan Texas Community Developer LifeCare Properties and investment group ERG Enterprises are planning to open a senior […]
Welltower (NYSE: WELL) is improving its liquidity debt maturities situations. The Toledo, Ohio-based health care real estate investment trust closed a $750 million offering of 2.8% senior unsecured notes, due in June 2031. Welltower will use the net proceeds to redeem $340 million of outstanding 3.75% senior notes due March 2023, and $335 million of […]
Senior housing developer Link Senior Development is launching its own in-house brand, with a development pipeline that includes seven sites in four states. And the Portland, Oregon-based firm tapped a company that specializes in managing new senior housing developments to operate the brand. Ativo Senior Living will be operated by Insight Senior Living, Link President, […]
