In the Pipeline: Oakmont Expands Ivy Living Portfolio; Cedarhurst Opens Latest Kansas Community

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: In Progress Oakmont Management Group continues to grow Ivy Living Oakmont Management Group continues to grow […]

Transactions & Financings: CPF, Grace Management Add 2; Blueprint Closes Sale in Texas

Transactions Watermark Takes Over Management of Almaden Watermark Retirement Communities announced it has assumed the operational responsibility of a California-based senior living community and has added the community to its signature program. The community – now called The Watermark at Almaden – is located in San Jose, California is Watermark’s ninth in the Northern California […]

Oakmont Culinary Leader: We’re Elevating Senior Living Dining for a New Generation of Residents

From evolving tastes to rising cost pressures due to lingering supply chain issues, the world of dining and culinary services in senior living is constantly changing. Few know that lesson better than Oakmont Management Group Vice President of Culinary Services Andrew Moret. As a new generation of older adults moves into senior living communities, they […]

Welltower Deepens Ties to Oakmont, Cogir, Treplus in Deals Totaling More Than $700 Million

Welltower (NYSE: WELL) has expanded its relationship with a handful of operators in its senior housing portfolio, including Oakmont Management Group, Cogir Management and Treplus Communities. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday announced it had agreed to purchase seven senior living communities for a total investment of approximately $344 million, with […]

How Oakmont, Juniper Communities, Solera Senior Living Are Building Back Occupancy and NOI

Occupancy and net operating income are two operational metrics senior living operators have worked to increase since the pandemic sent both tumbling in 2020. While the industry is not out of the woods with regard to either, forward-thinking operators have devised effective strategies for increasing occupancy and NOI in the past two years and change. […]

Welltower’s Record Investment Pace Set to Continue with ‘Barbell’ Strategy for Senior Housing

Welltower’s (NYSE: WELL) senior housing portfolio is rebounding from its pandemic lowpoint, and the company continues to ink investments in senior housing and other asset classes. In fact, after investing nearly $1.4 billion in Q2 2021, CEO Shankh Mitra predicted that Q3 could be another record quarter. But while the company is making progress on […]

Welltower Forms Expanded JV With Oakmont as Operator Launches New Brand

Welltower (NYSE: WELL) is growing its relationship with Oakmont Management Group in an arrangement that will grow the companies’ existing portfolio and facilitate the launch of a new brand called Ivy Living. The Toledo, Ohio-based real estate investment trust (REIT) on Thursday announced it is acquiring an undisclosed number of management contracts that are expected […]

Transactions & Financings: PGIM, Greystone Facilitate Harrison Street-Oakmont Deal; Lifespace, Phoenix, Alta Grow

Harrison Street Real Estate Capital’s $1.2 billion acquisition of 24 senior living communities formerly owned by Healthpeak Properties (NYSE: PEAK) and Gallaher Companies in early June was facilitated with loans from two large financial firms. Greystone placed and executed financing for the purchase of 16 of the communities in the portfolio. The package involved Freddie […]