In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition.C Construction: In progress CA Senior Living Starts Work on Community Near Philadelphia CA Senior Living — […]
Ventas Announces $1 Billion Commercial Paper Note Program Ventas (NYSE: VTR) established an unsecured paper note program in the U.S. Unsecured notes are loans that are not backed by an issuer’s assets. Instead, they are supported only by the borrower’s creditworthiness, and have a higher rate of return. The program allows the Chicago-based health care […]
This week’s in the pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture & design trends, the annual SHN Awards Competition. Construction: Planned Apartment Complex Near Orlando to Include Assisted Living and Memory Care A […]
Chelsea Jewish Foundation Announces Merger with Aviv Centers The Boards of Directors of the Chelsea Jewish Nursing Home Foundation, Inc. (CJF) and Aviv Centers for Living, Inc. recently announced that the two organizations are combining to serve seniors north of Boston. Together, they will become the largest senior living nonprofit organization on the North Shore, […]
Aviv REIT Announces $5 Million Skilled Nursing Acquisition Aviv REIT, Inc. (NYSE: AVIV) announced recently it acquired a skilled nursing facility in Greenville, Ky., for $4.6 million. The property is triple-net leased to existing Aviv operator Diversicare at an initial cash yield of 10%, for a term of 14 years. Diversicare operates 52 facilities in […]
Construction: Planned Developers Pitch 151-Unit Minn. Senior Living Complex This week, developers pitched a project to Eagan city officials that would include 151-units of senior housing, the local Patch reports. Eagan Pointe Senior Living will sit on a 10-acre site at 4232 Blackhawk Road, just west of Interstate 35E. The four-story complex will feature 48 units […]
New York-based American Realty Capital Healthcare Trust recently acquired a 5-property portfolio of senior living communities in Georgia and Florida from Principal Senior Living Group for $85,750,000. The Alpharetta, Ga.-based seller, represented by Senior Capital Advisors, will continue to manage the properties under a 5-year management agreement. The 369-unit, 448-bed portfolio of independent living villas […]
