With positive momentum on occupancy and margin in 2024, the senior living industry is poised to capitalize on incoming demand — but many challenges remain. These challenges include still-tough development conditions as the supply and demand gap widened this year, which led to investors and developers in the space mostly shying away from rapid new […]
Oppidan Investment Company
Senior living companies have long looked to 2026 as an important year for the industry, as it is when the oldest baby boomers turn 80. But the clock to add new supply is ticking, and has been for a while now. The senior living industry faces a historic demand runway ahead, with millions of older […]
This story is part of your SHN+ subscription In 2024, the senior living industry sits at the crossroads of excitement and uncertainty. That was on full display during panel discussions at the recent Senior Housing News reBUILD conference. On the one hand, the senior living industry is gearing up for a big year in new […]
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 Oppidan Starts Work on Luxury Community in California Property development firm Oppidan has broken ground on a new senior living community in Newport […]
Presbyterian Homes & Services (PHS) has acquired three senior living communities in the Minneapolis–Saint Paul metropolitan area from development firm Oppidan for about $100 million. The communities changing hands — The Pillars of Shorewood Landing, The Pillars of Highland Park, and The Pillars of White Bear Lake — range from 110 to 160 units. Ebenezer […]
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 Solar Panels Coming to Maryland Community Carroll Lutheran Village, a Lutheran Social Ministries of Maryland CCRC in Westminster, Maryland, is […]
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 New Orleans CCRC Plans to Expand, Add Green House Units Poydras Home, a continuing care retirement community (CCRC) in New […]
Construction: Planned National Church Residences Plans Community in Ohio Senior living nonprofit National Church Residences has plans to open a rental senior living community in Columbus, Ohio. The planned mid-rise community will have 62 one-and two-bedroom units. Planned amenities include a fitness center, a wellness suite and a community room with kitchen and social space. […]
The largest senior living operator in Minnesota is pushing forward with new intergenerational projects meant to foster interaction between older adults and kids, exemplifying a rising industry trend. Ebenezer is working with developer Oppidan Investment Company on a 283-unit independent living, assisted living and memory care community on the provider’s home turf of Minneapolis. As planned, The Pillars of […]
Griffin-American Acquires Five-Building Portfolio Near St. Louis American Healthcare Investors and Griffin Capital Company, the co-sponsors of Griffin-American Healthcare REIT IV, acquired the five-building SW Illinois Senior Housing Portfolio in the St. Louis metro area. The property was purchased from A&M Property Holding, an unaffiliated third party represented by Jeff Binder and Patrick Byrne of Senior Living Investment […]