Changemaker Dale Watchowski has more than 30 years of real estate expertise in both local and national platforms, with a diverse background in acquisitions, development, capital markets and operations. He has also held senior management positions at some of the nation’s largest financial institutions including Travelers/Citigroup, HSBC, and J.P. Morgan Chase, and he currently serves […]
One topic on the minds of senior living executives everywhere is how long the ongoing recovery will take, and when the industry will return to pre-pandemic conditions. But to American House Senior Living Communities CEO Dale Watchowski, the recovery hinges on the people who work in the industry, and “how much they have left in […]
Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy improvements for the communities it will continue to operate for Diversified Healthcare Trust (Nasdaq: DHC). Occupancy across the Diversified portfolio ended August at 74.7%, a 100 basis point improvement over […]
As pandemic challenges recede, American House Senior Living Communities has a revamped portfolio, new leadership talent and big plans for growth. “Our motto here is that the comeback is greater than the setback,” CEO Dale Watchowski told Senior Housing News, referring to the recovery from pandemic-related challenges. The Bloomfield Hills, Michigan-based company is in some […]
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The $312 million sale of a 12-property portfolio operated by Atria Senior Living was among the many transactions that Healthpeak (NYSE: PEAK) announced last week, as part of the real estate investment trust’s exit from rental senior housing. The buyer of this portfolio was Chicago-based private equity firm Harrison Street. The properties were essentially “handpicked” […]
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 Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]
(Clarendale of Schererville rendering courtesy of LCS) Construction: Planned Seattle Community Getting $30 Million Facelift Transforming Age, a nonprofit that owns and operates 11 senior living communities in Washington and Minnesota, is planning some big upgrades for Parkshore, one of its properties in Seattle. The $30 million renovation project includes an aerobics room, green roof, […]
NIC Hires Seniors Housing Principal The National Investment Center for Seniors Housing & Care (NIC) hired Lana Peck to serve as senior principal and subject matter expert for seniors housing. Peck spent over 10 years with Life Care Services LLC in Des Moines, Iowa, where she served as a senior market research analyst conducting feasibility […]
