In the Pipeline: Senior Housing Construction Projects (6/11/15)

(The Westerly Residences and Wichita Presbyterian Manor – Photo courtesy of Presbyterian Manors of Mid-America) Construction: Planned LTC Properties Buys Land for New Chicago-Area Memory Care Development LTC Properties, Inc. (NYSE: LTC), a real estate investment trust (REIT) based in Westlake Village, Calif., this week acquired 3.5 acres of land in Tinley Park, Ill., a south suburb […]

In the Pipeline: Senior Housing Construction Projects (5/7/15)

Construction: Planned Avanti Senior Living Plans Two New Luxury Communities for La.  Avanti Senior Living, a development, operations and management company, is planning to expand into Louisiana’s Baton Rouge and Lafayette markets later this year with two new luxury assisted living communities. In Baton Rouge, the Woodlands, Texas-based company plans to break ground on a […]

Consolidation to Rise for Non-Profit Senior Living Operators in 2015

Senior care acquisitions shattered records last year. And now just two months into 2015, senior housing is leading the way when it comes to mergers, acquisitions and affiliations in both the for-profit and not-for-profit sectors. Senior housing and care represented more than 280 transaction totaling $25.75 billion last year, propelling overall health care M&A activity to […]

Senior Housing Investments & Transactions: Chicago Pacific Founders

Marcus & Millichap Announce $13.8 Million Sale of Ohio ALF Mark Myers, Joshua Jandris and Charles Hilding of Marcus & Millichap Institutional Property Advisors represented the seller in a transaction that closed recently, involving an 82-unit assisted living and memory care facility in Canton, Ohio. The Landing of Canton was sold by a private seller […]

In the Pipeline: Senior Housing Construction Projects (10/23/14)

Construction: Planned Caddis to Bring First Heartis Community to San Antonio Dallas-based real estate firm Caddis will soon begin construction on its first community in San Antonio to carry the company’s Heartis brand.  Project plans for Heartis San Antonio, which is scheduled to open in the second quarter of 2016, call for a 86,000-square-foot assisted living […]

Affordable Senior Housing Is the Next Big Growth Opportunity

Senior housing operators will be forced to address the growing need of low- to moderate-income seniors in the coming years, as an estimated 3.5 million seniors today don’t have enough money to pay for higher acuity services. The high-end senior living facilities that have emerged within the past few years just won’t cut it when […]

In the Pipeline: Senior Housing Construction Projects (7/17/14)

Construction: Planned Presbyterian Senior Living Awarded Funds to Build Penn. Senior Apartments Presbyterian Senior Living (PSL) this week announced it has been notified that the Pennsylvania Housing Finance Agency (PHFA) has awarded funding to them to build a 50-unit apartment building for low- to moderate-income people age 62 and older. Construction on the Westminster Place […]

The Sweet Spot: Where Luxury and Affordable Senior Housing Meet

Where looming demographics and a lack of adequate supply are widening the rift between high-end and affordable senior housing, some providers have found solid ground in the middle-price point development market. Providers who have begun to target the middle-income bracket have already seen rewards in the form of lower development costs and the anticipated demand […]

In the Pipeline: Senior Housing Construction Projects (5/29/14)

Construction: Planned Groundbreaking Planned for $70M Oklahoma CCRC this Fall Officials with Oklahoma City-based Epworth Villa plan to hold a groundbreaking for a new continuing care retirement community (CCRC) this fall in Stillwater, OK, reports Stillwater News Press. The Ranch, which will be Stillwater’s first CCRC, will be located on 55 acres adjacent to Lakeside […]