This story is part of your SHN+ subscription The senior living industry is awash in a “perfect storm” of low new supply, high demand, strong rent growth and continued occupancy gains. Those conditions could unlock billions of dollars of capital on the sidelines for new transactions this year. While macroeconomic turbulence in the form of […]
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Transactions Healthcare Management Partners sells five Florida communities Healthcare Management Partners, a healthcare restructuring and consulting firm, announced it completed the court-approved sale of five communities in Florida. A press release states the communities were placed in receivership in August 2021, with HMP being named as the receiver. During the receivership, the communities reached a […]
Senior living demand is high, supply is low, large lenders like Fannie Mae are more active and operational expenses are stabilizing – all conditions pointing toward a better year for investment activity in 2025. That positive sentiment was on display earlier this year at the NIC Spring Conference in San Diego, where about 89% of […]
This story is part of your SHN+ subscription Two major real estate acquisitions announced in the last two weeks are setting a faster pace for senior living investments to come in 2025. Earlier this week, Apollo (NYSE: APO) agreed to acquire Bridge Investment Group, a capital markets company that owns 62 senior living communities as […]
Two veterans of the senior living financing sector have launched a new company aimed at offering senior care financing options to senior living providers. Jason Dopoulos and Ken Gould founded the new company, which is dubbed Ikaria Capital Group. The new finance firm will be based out of Cleveland, Ohio, initially with 15 staff members […]
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 […]
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 […]
Management LCS expands partnership with Longview Senior Housing Life Care Services announced on Aug. 1 that it has expanded its partnership with Longview Senior Housing after being selected as the management partner for three more Longview properties. According to a press release, the communities include The Emerson at St. Peters, Bellingham at West Chester and […]
Transactions IRA Capital acquires Seattle community IRA Capital, a California-based private equity firm, announced its acquisition of Quail Park of Lynnwood on June 12. According to a press release, the community is 253 units and was developed in two phases in 2013 and 2020. The release states the all-cash acquisition expands the firm’s healthcare portfolio […]
Senior living providers must innovate to make working at their communities a “desirable job” while simultaneously working through a tough capital environment to continue growth and margin expansion. That’s according to Lument Managing Director Casey Moore in reference to a recent survey from Senior Housing News and Lument. The 2024 Senior Living Outlook Survey and […]