Senior Living CEOs See a Silver Lining in Low Occupancy Rates

Despite sagging occupancy nationwide, the CEOs behind some of the country’s leading senior living companies still see plenty of opportunity for growth—and a chance to shape regulations that may be coming down the pike. That was the theme of a July 13 panel discussion at the Senior Housing News Summit in Chicago that included insights from […]

Senior Housing Finance Activity: CBRE, Cushman & Wakefield

Thorofare Capital Provides $19 Million Loan for Senior Living Community in Phoenix Los Angeles-based investment manager Thorofare Capital recently provided a $19 million, fixed-rate bridge loan to refinance debt on MorningStar at Arcadia, a 135-bed senior living community in Phoenix. MorningStar Senior Living operates the four-story, 139,643-square-foot community, which has 80 assisted living units and 30 memory […]

In the Pipeline: Senior Housing Construction Projects (11/17/16)

(Rendering of The Blake at Edgewater located in Indian Land, S.C. — photo courtesy of The Blake) Construction: Planned Thrive Senior Living Announces New Community in Florida In partnership with Fortress Ventures and Compass Real Estate, Thrive Senior Living has announced the development a new senior living community in Naples, Fla., Thrive at Naples. The […]

In the Pipeline: Senior Housing Construction Projects (11/10/16)

Construction: Planned Civitas Community Planned in Texas Civitas Senior Living is developing a new senior living community for people ages 55 and up, located in Azle, Texas. The community will be Civitas’ fourth community in Tarrant County and its 25th location, nationwide. Legacy Oaks at Azle will have 123 independent living apartments and 77 assisted […]

E-Book: Three Ways Technology Drives Your Competitive Edge

Technology should be a game changer for senior living organizations, and those that have implemented technologies are already seeing strong success. But there’s no single approach when it comes to technology adoption. Operators are spearheading tech efforts to meet the needs of residents, staff and business functions in many ways. Hear from CEOs of the […]

In the Pipeline: Senior Housing Construction Projects (7/28/16)

(Rendering of Cherrywood Pointe of Minnetonka, located in Minnetonka, Minn. — Photo courtesy of Cherrywood Pointe Senior Living) Construction: Planned Community Will Expand CCRC in Carlisle, Pa. A Presbyterian Senior Living CCRC will begin construction of 12 residential homes for independent living. Green Ridge Village already serves more than 300 older adults in  personal care, […]

Q&A: What It Takes to be a Senior Living Entrepreneur

As an entrepreneur who stepped out of leadership positions with established senior living companies to create his own brand, Ken Jaeger knows what it means to have a vision. His company, MorningStar Senior Living, was founded in 2003 to serve seniors within assisted living, independent living and memory care. The Denver, Colorado-based owner/operator has grown […]

Senior Housing Finance Activity: CBRE, Grandbridge

Hunt Mortgage Group Finances 19-Property Multifamily Portfolio in California New York City-based Hunt Mortgage Group, which finances commercial real estate across the United States, closed on a complex multifamily portfolio deal, placing 19 individual Freddie Mac Small Balance loans on 19 properties located throughout the Los Angeles area. The Hunt Mortgage Group investment is $31.6 […]

Senior Housing Finance Activity: Capital Funding Group, HHC Finance

Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A $10.8 million bridge-to-HUD loan will finance the acquisition of Creekside […]