Affordability Is Driving Seniors to These 5 States

Retiring seniors are no longer basing their housing decisions mainly on warmer climates, and senior housing developers and operators should take notice. A report from the U.S. Department of Health and Human Services’ Administration for Community Aging revealed that five states saw 50% spikes in their over-65 population between 2007 and 2017. Those states are: […]

These are Senior Housing’s Top 10 Major Construction Markets

There are 25,340 independent living and assisted living units underway in the top 10 U.S. senior housing construction markets, according to a new report from real estate investment and brokerage services firm Marcus & Millichap. The Calabasas, California-based firm analyzed data from the National Investment Center for Seniors Housing & Care (NIC) to determine its […]

3 Reality Checks for Active Adult Development

Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]

Transactions & Financings: $1 Billion REIT IPO, LTC Sells Portfolio to NHI

Strategic Student & Senior Housing Trust’s IPO Declared Effective by the SEC Maryland-based Strategic Student & Senior Housing Trust, Inc., a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, LLC, announced that its registration statement pertaining to an initial public offering of about $1.1 billion in shares of common stock was […]

Transactions & Financings: HFF, Summit Senior Living, Capital One

HFF Advises on $115 Million Financing for Seattle Senior Housing Development Holliday Fenoglio Fowler, L.P. (HFF) has advised Columbia Pacific Advisors on the $114.69 million financing for a luxury, high-rise senior housing property in Seattle. The 24-story property—620 Terry—will offer 243 Class A residential units comprising 194 independent living units, 21 assisted living units and 28 […]

Assisted Living Occupancy Expected to Fall in 2018

The next couple of months may bode well for occupancy at continuing care retirement communities (CCRCs), but not so much at independent or assisted living communities. That’s according to the latest Seniors Housing Research Report from real estate services firm Marcus & Millichap (NYSE: MMI). In the first half of this year, independent living occupancy […]

Transactions & Financings: Welltower’s New NYSE Ticker Symbol

Welltower to Change NYSE Ticker Symbol to “WELL” Health care infrastructure company Welltower, Inc. has announced a change to its New York Stock Exchange (NYSE) ticker symbol, from “HCN” to “WELL.” The Toledo, Ohio-based company will begin trading under “WELL” on February 28. “Welltower owns, manages and has developed the largest network of premium residential senior care […]

Assisted Living Occupancy Drops But Investor Interest Grows

Undeterred by ongoing occupancy pressures, senior housing investors have been snatching up assisted living properties at an accelerated pace. In the last year, there has been a 34% increase in assisted living sales activity, according to a newly released report from Marcus & Millichap, a Calabasas, California-based commercial real estate brokerage and research firm. With […]

Senior Housing Investments & Transactions: Capital Senior Living, IPA, Cushman & Wakefield

Capital Senior Living Acquires Two Facilities for $56 Million Capital Senior Living Corp. (NYSE: CSU) has acquired two assisted living communities for $56 million. The communities were previously owned by Keystone Senior. The sale of the properties was facilitated by Stephen Snider, an independent senior housing broker. Snider represented Keystone Senior LLC. Joint Venture Acquires […]

Senior Housing Investments & Transactions: CBRE Arranges $77 Million Sale

CBRE Capital Markets Arranges $77.3 Million Sale, $50.5 Million Senior Housing Financing CBRE Capital Markets’ National Senior Housing team arranged the sale of two senior housing communities in Georgia to an affiliate of Arcapita Investment Management US for $77.25 million, or $327,330 per unit. The properties include the 146-unit Arbor Terrace Peachtree City located in […]