In the Pipeline: Avenida Plans Dallas-Area Project; Silverado Expanding Near Los Angeles

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 Resort-style Active Adult Community Planned in Dallas, Texas Suburb Avenida Partners is teaming up with Artemis Real Estate Partners to develop a resort-style active […]

How Senior Living REITs, Operators Are Taking On Sizable Portfolio Transitions

Bobby Petras remembers being at a doctor’s appointment when he heard the news of a game-changing opportunity to add 15 properties to the Priority Life Care portfolio. The call came from Priority’s CEO and Bobby’s sister, Severine Petras. Real estate investment trust Ventas (NSYE: VTR) had tapped them to operate the 15 properties in Pennsylvania […]

‘Super-Regional’ Providers Will Shape Next Senior Living Era

The expansion of regional senior living providers has been an ongoing trend in 2021. Some of these companies are gaining so much scale, they are becoming “super regionals.” I’ve heard the term “super regional” increasingly this year, including at the recent Argentum conference. This chatter makes sense, as transactions in the last few months have […]

Diversified Healthcare Trust Transitions 66 Five Star Communities to New Operators

Diversified Healthcare Trust (Nasdaq: DHC) is making progress on its plan to transition 108 communities operated by Five Star Senior Living (NYSE: FVE) to new operators by the end of 2021. The Newton, Massachusetts-based real estate investment trust (REIT) announced three new management agreements with operators for 66 communities, accounting for 61% of the portfolio […]

In the Pipeline: Senior Housing Construction Projects (8/17/17)

Construction: Planned Drever Capital Management to Open Senior Housing Near San Antonio Drever Capital Management has announced plans for an active senior living community, Larkspur at Gateway, which is to be located in Live Oak, Texas. The development will include a 64-unit memory care community and an intergenerational adult and child daycare center that will offer […]

How Senior Living Can Build Better Referral Pipelines

Senior living providers tend to have complicated relationships with third-party referral agents. Some providers may see the choice as avoiding them altogether and running the risk of losing leads, or employing their services and incurring sometimes hefty referral fees. But the smartest approach may be a middle ground, in which third-party agents are one part […]