New Ebenezer Communities Mix Generations as Trend Gains Steam

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 […]

Senior Housing Investments & Transactions: Griffin-American Healthcare REIT IV

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 […]

Retail Developer Oppidan Pursues $400 Million Senior Housing Pipeline

This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing event coverage of the NIC conference, which […]

Senior Housing Investments & Transactions: Blackstone Deals

Blackstone Buys Florida Properties for $155 Million Blackstone Group (NYSE: BX) purchased four senior living communities from Welltower Inc. (NYSE: HCN) in South Florida for a combined $154.7 million. The acquisitions are part of a previously announced $1.13 billion deal between Blackstone and Brookdale Senior Living (NYSE: BKD). The transactions include: Mangrove Bay, a 155-unit complex […]

In the Pipeline: Senior Housing Construction Projects (9/22/16)

(Rendering of OPAL by element, located in Vancouver, British Columbia — Photo courtesy of Element Lifestyle Retirement Inc.) Construction: Planned Permits Finalized on $97.4M Senior Community in Canada Located in Vancouver, British Columbia, Element Lifestyle Retirement Inc. has announced its final approval for a $97.4 million project, OPAL by element. The community will be Element’s […]

In the Pipeline: Senior Housing Construction Projects (8/25/16)

(Rendering of Market Street Memory Care Residence, located in Palm Coast, Fla. — Photo courtesy of Watercrest Senior Living Group) Construction: Planned Development Announced for Memory Care Communities Market Street Memory Care Residences, located in Palm Coast, Fla., will break ground in December. The community, owned and operated by Watercrest Senior Living Group, will be 46,000 square feet […]

In the Pipeline: Senior Housing Construction Projects (1/14/16)

(Dining room at Kalākaua Gardens in Honolulu) Construction: Planned Pinkard Construction to Build Colo. Assisted Living, Memory Care Expansion Construction manager and general contractor Pinkard Construction Company was recently awarded the construction of Sunny Vista Living Center’s new assisted living and memory care expansion in Colorado Springs, Colo. The new, $10.5 million building, designed by Lantz-Boggio Architects, […]

In the Pipeline: Senior Housing Construction Projects (9/17/15)

(Metro @ Compton – An affordable senior housing community in Compton, Calif.) Construction: Planned Living Care Lifestyles Plans Seattle Memory Care Community  Seattle-based Living Care Lifestyles plans to break ground next spring on a new free-standing memory care community in West Seattle, which it says will be the only dedicated memory care community in the […]