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 […]

Transform Podcast #22: Brian Cloch, Grace Chen & Laurie Geschrey

The accelerating trend of bringing primary care into senior living communities might gain even more momentum as a result of the Covid-19 pandemic. One innovative example of combining primary care and senior living comes from Illinois, where Oak Street Health recently brought its care model into four assisted living communities managed by Pathway to Living. […]

In the Pipeline: Senior Housing Construction Projects (11/9/17)

Construction: Announced New Community Planned in Arizona Investment Property Associates (IPA) and Ryan Companies have announced a senior living community in Scottsdale, Arizona. The community, Generations at Pinnacle Peak, is will have 90 independent and assisted living units and 20 memory care units, according to a release on AZ Big Media. IPA will operate the community […]

In the Pipeline: Senior Housing Construction Projects (10/12/17)

Construction: Planned Pathway to Manage Wisconsin Community Caddis has begun developing its first senior living community in Wisconsin, and Pathway Senior Living is slated to manage it, according to a press release. The community, Heartis Village North Shore, will have 105 assisted living and memory care apartments. Residents will have access to amenities such as garden […]

Pathway Senior Living Rebrands as ‘Pathway to Living’

Pathway Senior Living has a new name and logo. The Chicago-based provider, which operates 24 communities across Illinois, Kansas, Minnesota, and Wisconsin, will be known as “Pathway to Living,” effective today. About seven years ago, Pathway set about creating its “Viva!” operating model and company culture, and the time came for a new name to […]

In the Pipeline: Senior Housing Construction Projects (6/1/17)

(Rendering of Windsor at Celebration — photo courtesy of Life Care Services) Construction: Planned Lifespace Communities Plans $39 Million Expansion Near Pittsburgh Lifespace Communities plans to break ground soon on a major renovation project at its Friendship Village of South Hills comunity in Upper St. Clair, Pennsylvania, which is near Pittsburgh. The $39.5 million project will […]

In the Pipeline: Senior Housing Construction Projects (2/2/17)

(Rendering of formal dining room at Edgemere, located in Dallas, Texas — photo courtesy of Edgemere) Construction: Planned Independent Living Building Planned in Hingham, Massachusetts Erickson Senior Living is planning a new independent living community in Hingham, Massachusetts. The 156,378-square-foot, seven-story building will add 104 independent living homes to the already-established Linden Ponds. Willard Square will also […]

In the Pipeline: Senior Housing Construction Projects (1/5/17)

(Photo of the main dining room at Watercrest of San Jose, located in Jacksonville, Florida — photo courtesy of StudioSIX5) Construction: Planned Thrive Senior Living Community Planned A memory care community in Marietta, Georgia is planned. The Thrive Memory Care at East Cobb will have a home-like feel with a living area, dining area, sunroom and […]

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 […]

Developer Blends Talent, Tech to Build Senior Living Brand

The oncoming silver tsunami has attracted a number of new players into senior living, including those from nearby industries such as multifamily and student housing. One such company, Chicago-based CA Ventures, recently took the dive into the senior living pool with a new division, blending its development talent with some well-known operations muscle—and using drone […]