In the Pipeline: Cedarhurst Breaks Ground in Indiana; Presbyterian Homes Expands in Illinois

In the Pipeline is part of your SHN+ subscription 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 Presbyterian Homes expanding, renovating Illinois community Presbyterian Homes announced an independent living expansion project at […]

How Data Differentiates Good from Great Senior Living Providers

This article is part of your SHN+ membership The need to improve operations is driving all that senior living operators do as they pivot to the offensive.  One big pressure point is the need to do more with less. In 2024, operators are living that mantra in a variety of ways, from maintaining staffing expenditures […]

‘Fuel We Needed’: New Perspective Announces $200M Capital Infusion to Power Growth Engine

New Perspective Senior Living is primed for future growth with a new $200 million capital infusion and plans for a future $500 million development and acquisitions pipeline. New Perspective this week announced it had secured a $200 million bridge loan, preferred equity and common equity with partners BMO Commercial Real Estate, investment manager Fengate and […]

How Bickford, Merrill Gardens, New Perspective Use AI to ‘Think Differently’ About Operations

The phrase “artificial intelligence” might be an overused buzzword, but senior living operators are increasingly wielding it to improve operations. Take it from Bickford Senior Living President Andy Eby.  In recent years, Eby – once a NFL lineman – has shaped Bickford’s future into one that integrates data in operations and emphasizes transparency with consumers. […]

Transactions & Financings: Sparrow Partners Buys Texas Active Adult Community; Charter Senior Living Acquires Atlanta Property

Transactions 12 Oaks Managing 4 Longview Communities in Oklahoma 12 Oaks Senior Living deepened its relationship with Longview Senior Housing by taking on management of four assisted living and memory care communities in Oklahoma. In addition to the four Oklahoma communities, 12 Oaks manages six Longview senior living communities in Texas. Financings Ziegler Closes Nearly […]

Transactions & Financings: Juniper Expands Presence in Texas; Sienna, Sabra Health Care REIT to Acquire Community in Canada

Financings MidCap Financial Closes Loan for South Carolina Community MidCap Financial announced that it has closed a $20.5 million floating-rate first mortgage loan with Valeo Groupe Americas. The loan facilitated the recapitalization of Vineyard Bluffton, a Class A senior housing community in Bluffton, South Carolina, with 96 assisted living and memory care units. Transactions Juniper […]

Aegis, Sabra, New Perspective Adapt Strategies for Covid-19 Paradigm Shifts

When will the Covid-19 pandemic end? Not anytime soon, according to the leaders behind Aegis Living, New Perspective and Sabra Healthcare REIT (Nasdaq: SBRA). All three companies are making preparations now to position their companies to weather the pandemic for the next 24 to 36 months. For instance, Aegis has formed a “virus council” made […]

In the Pipeline: Cypress Cove’s $60M Expansion; South Bay Partners Breaks Ground in California

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 and the annual SHN Awards Competition. Construction: Planned Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]

Movers & Shakers: Discovery Adds Operations Leaders; Cadence Hires VP of Operations

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 […]