Pent-Up Demand Fuels New York City’s Senior Living Renaissance

Demand for urban senior living is increasing across the country, and the nation’s largest city is a hotbed. Given New York City’s particular market dynamics, flashy new projects are coming out of the ground, an existing community on the Upper West Side is thriving, and a real estate investment trust recently paid a historically high […]

Ventas ‘Delighted’ by Senior Housing Trends, Anticipates ‘Pivot to Growth’

Ventas (NYSE: VTR) hit the ground running in the first quarter 2019 as it entered what CEO Debra Cafaro called a “pivot to growth,” which she anticipates will be fueled by increasingly favorable senior housing supply-demand dynamics. However, in the meantime, Ventas’ senior housing operating portfolio (SHOP) performance continues to be affected by elevated supply […]

Atria, Related Companies JV Targets $3 Billion of Urban Luxury Senior Living

Atria Senior Living is embarking on a new joint venture with luxury real estate firm Related Companies to develop, own and operate more than $3 billion worth of senior living communities in major, urban markets across the U.S. The joint venture, announced Tuesday, initially includes sites in New York City, San Francisco, Boston, Los Angeles, Miami, Washington […]