Transactions & Financings: New Senior Issues Fortress Affiliate $40 Million In Stock, NHI Lends $180 Million

New Senior Investment Group Issues Fortress Affiliate $40 Million in Series A Preferred Stock New Senior Investment Group (NYSE: SNR) filed an 8-K form with the Securities and Exchange Commission (SEC) indicating the New York City-based real estate investment trust (REIT) issued 400,000 shares of Series A Preferred Stock to FIG LLC, an affiliate of Fortress Investment Group (NYSE: […]

In the Pipeline: Ryan Cos., Cadence Announce New Arizona Project; Meridian Opens in Ohio

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, the annual SHN Awards Competition. Construction: In progress Ryan Cos., Cadence Living Collaborate on Arizona Project Ryan Companies, Cadence Living and […]

Transactions & Financings: ORIX USA, Midcap Financial

Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]

Senior Housing Investments & Transactions: Griffin-American, Bloom Senior Living

Griffin-American REIT IV Acquires 9-Property Portfolio A portfolio of nine properties throughout the greater Tampa and Orlando areas sold for $109.5 million in early November. Griffin-American Healthcare REIT IV acquired the 1,140-unit portfolio from New Senior Investment Group (NYSE: SNR). Griffin-American Healthcare REIT IV is co-sponsored by American Healthcare Investors and Griffin Capital Company LLC. […]

In the Pipeline: Senior Housing Construction Projects (11/9/17)

Construction: Announced New Community Planned in Arizona Investment Property Associates (IPA) and Ryan Companies have announced a senior living community in Scottsdale, Arizona. The community, Generations at Pinnacle Peak, is will have 90 independent and assisted living units and 20 memory care units, according to a release on AZ Big Media. IPA will operate the community […]

Must-Read News: Top-Paid Execs, Occupancy Plunges

Happy Monday, Senior Housing News readers! Jimmy Buffett played Wrigley Field in Chicago this weekend. Unfortunately, we didn’t get a chance to interview him about his planned 55-plus active adult mixed-use community in Florida, but hearing his tunes up-close certainly made us want to eat cheeseburgers and drink margaritas. Meanwhile, to ensure you’re fully caught […]

Monday Jump-Start: Brookdale Sale Talks Ongoing

Happy Monday! It’s a busy time in the senior housing industry as public companies begin to share their latest financial results. It’s also a busy time in “funny hat” news, due in part to one half of an athletic elderly couple. Here’s what you may have missed last week: HCP Inc. (NYSE: HCP) is on […]

After Split with Meridian, Affinity Lays Out Plan for Success

Six years after its founding in 2010, Meridian Senior Living was growing successfully and had become one of the largest providers nationally, but its executives found that its future direction was not clear. The solution: It split into two separate entities, Meridian Senior Living and Affinity Living Group. Now that Affinity is up and running and certain […]

Senior Living Execs Discuss Playbooks for the Worker Shortage

The senior living worker shortage is real, and to make the most out of hiring and retaining employees, executives are thinking outside of the box—and the industry— to find talent. From comprehensive programs to onboard industry newbies to the “DNA” of a great hire, executives from Brookdale Senior Living (NYSE: BKD), Meridian Senior Living and other companies weighed […]