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: Planned New community announced in Georgia Paradigm Senior Living recently announced The Timberley, a new senior […]
Paradigm Senior Living
In 2024, senior living operators are seeking growth with an eye on future demand – no easy feat given challenges in lending and development. For smaller companies, that is an even harder nut to crack. For one, smaller senior living companies often don’t have the cash to buy portfolios of communities or embark on extensive […]
New federal rules are banning non-compete agreements and grant overtime pay protection to workers who previously lacked it. One rule will likely have more of an impact than the other. In April, the Federal Trade Commission (FTC) issued a final ruling to ban noncompetes. In the same month, the U.S. Department of Labor announced a […]
JLL completes $2B HFF acquisition Stockholders at Dallas-based capital services provider HFF (NYSE: HFF) last week approved a proposal by commercial real estate services firm JLL (NYSE: JLL) to buy HFF in a cash-and-stock transaction valued at $2 billion. News of the deal was first announced in March. Both firms are active in the senior […]
Greystone Provides $58 Million Refinancing Loan for California Community Greystone, a real estate investment, lending and advisory company, has provided a $58,340,000 Freddie Mac loan to refinance Varenna at Fountaingrove in Santa Rosa, California. The facility is owned and operated by affiliates of Oakmont Senior Living and offers gourmet dining, concierge services, activity rooms, a […]
Lifecare Properties, LLC, a real estate development and operating company, recently announced it has acquired property in Arlington, Tex. on which it plans to build a 67-unit assisted living facility. The 5.2 acre site is located at 7708 S. Cooper Street and was bought from Anwar A Lalani and Sultana A. Lalani, trustees of Lalani […]
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