TSOLife, a company providing an artificial intelligence-based platform for senior living communities, recently completed a $9 million Series A funding round led by Formation Capital Founder and Executive Chairman Arnold Whitman. Whitman, a longtime venture investor in senior living and founding partner of Generator Ventures, undertook the funding in coordination with Omega Healthcare Investors (NYSE: […]
Omega Healthcare Investors
An industry veteran is launching a new senior living development company with projects planned in the South and Midwest. The new company is an effort spearheaded by Steve Levin, who is a former senior vice president at Omega Healthcare Investors (NYSE: OHI). He was also co-president of Hana2.0 Property Group, which was a spinoff from […]
Senior living providers generally excel at caring for residents, but many operators could make “truly huge, shocking” improvements in how they run their businesses. This is the perspective that Welltower COO John Burkart shared last week, speaking at the Citi Global Property CEO Conference. The event shed light on how Burkart is approaching his role […]
On Manhattan’s Upper East Side sits a highrise building with a design rivaling some of the Big Apple’s most exclusive apartments. But the building isn’t a condo complex or a storied apartment — it’s a senior living community. The building is Inspir Carnegie Hill, a 23-story, 215-unit senior living community from Westport, Connecticut-based Maplewood Senior […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
Omega Healthcare Investors (NYSE: OHI) has led a $30 million Series B funding round for fall management technology company SafelyYou. Omega also prepaid $10 million so that the real estate investment trust’s senior living and skilled nursing facilities can access the SafelyYou tech, which involves artificial intelligence to detect falls and video to review fall […]
Patient growth has been a hallmark of Maplewood Senior Living, most recently on display in the six-year process of conceiving and launching the luxury Inspir brand with a Manhattan highrise project. But CEO Gregory Smith believes that now is the time to hit the accelerator, particularly on new development. “I’ve talked to our capital partner, […]
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. Submissions are currently open. Construction: Planned Maplewood to Expand Inspir Brand to Washington, D.C. Maplewood Senior Living and Omega Healthcare Investors (NYSE: OHI) are bringing the […]
Omega Healthcare Investors (NYSE: OHI) CEO Taylor Pickett has seen some distressed assisted living communities on the market — but not at prices indicative of their condition. “On the assisted living side, we’ve made an effort to look for potentially distressed prospects, and quite frankly, those have not panned out,” Pickett said during the company’s […]
Earlier this month, Maplewood Senior Living accepted its first residents at Inspir Carnegie Hill, its luxury high-rise senior housing community in Manhattan. The project was supposed to open a year ago, but the coronavirus pandemic disrupted those plans, and the total cost of the development rose to around $315 million, Maplewood CEO Gregory D. Smith […]
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