A senior living operator in Pennsylvania is making moves to grow and evolve for the future, including by meeting more middle-market demand. The operator, Providence Place, is in its 25th year of business. In that time it has grown to include seven communities. The company has in 2024 had positive operational momentum, and now it is […]
Providence Place Senior Living
Columbia Pacific sells Canadian portfolio for $177M Columbia Pacific Advisors is selling a six-property Canadian senior housing portfolio to Singapore Press Holdings for $176.6 million (C$232.9 million). The properties total 717 units and include: Heritage Meadows Gracious Retirement Living, an independent living community in Cambridge, Ontario The Bradley Gracious Retirement Living, an independent living community […]
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 and the annual SHN Awards Competition. Construction: Planned Sonata Plans $52 Million Community in Florida Sonata Senior Living has plans to […]
Construction: Planned Solera to Open Assisted Living and Memory Care Development in Denver Solera Senior Living plans to open a 95-apartment assisted living and memory care community in Denver. A joint venture between affiliates of Solera Senior Living and Banner Real Estate Group closed on the acquisition of a 2.3-acre parcel of land with plans to […]