Transactions Continuum sells five-property Florida portfolio Continuum Advisors announced it sold a five-property senior living portfolio in Florida. The communities are largely focused in the Orlando and Tampa metros, according to a press release, and total 340 units, according to a press release. The communities involved in the transaction include Superior Residences of Clermont; Superior […]
PruittHealth
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 Trilogy Health Services expanding in Midwest Louisville, Kentucky-based Trilogy Health Services will develop and expand […]
Announcements PointClickCare announces launch of Pharmacy Connect PointClickCare Technologies, a healthcare technology platform, announced the launch of Pharmacy Connect, a service designed to simplify medication management for senior housing communities. According to a press release, the service “bridges the collaboration and transparency gaps between pharmacies and senior living communities” by offering a streamlined solution to […]
LTC Properties (NYSE: LTC) is currently engaged in its most active year of investments in seven years, and leaders with the company are not done growing yet. The company has invested over $170 million in 2022, representing the highest level of investment since 2015, executives from the Westlake, California-based real estate investment trust (REIT) noted […]
Trilogy Health Services Refinances SNF and Senior Health Portfolio For $158.4 Million Trilogy Health Services refinanced a portfolio of 10 senior health campuses in Indiana, which offer independent living, assisted living, memory care, rehabilitation and skilled nursing options. The loan, totaling $158.4 million, puts in place a permanent debt structure with a low interest rate, and pays […]
(Edgemere Cocktail Lounge – Photo Courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Dallas CCRC Plans $36 Million Expansion Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing demand for senior living options in the area. Financing for the project was completed through […]
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 […]
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