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: Completed Atria Senior Living, Related Companies officially opens Coterie Hudson Yards Related Companies and Atria Senior Living have opened Coterie Hudson Yards, a luxury senior […]
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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 After $140M expansion, Charlotte, North Carolina life plan community continues work The life plan community Southminster in the Charlotte, North Carolina metro area recently […]
Financings Related Companies, Atria Expand Luxury Coterie Pipeline Related California, part of Related Companies, announced $690 million in construction financing for a luxury residential development in Santa Clara, California that will include a senior living community. Otera Capital provided a $360 million construction loan for 509 luxury residences and PNC Bank provided a $130 million […]
Welltower (NYSE: WELL) plans to expand its strategic partnership with StoryPoint Senior Living with a $548 million acquisition of 33 communities. And, the Toledo, Ohio-based real estate investment trust (REIT) has closed on a strategic partnership with Related Cos. and Atria Senior Living to develop two high-end projects, to be located in Silicon Valley. Welltower […]
While senior living operators continued to battle the Covid-19 pandemic in 2021, the industry was being reshaped by blockbuster deals. It’s no surprise that Atria Senior Living’s acquisition of Holiday Retirement — with Welltower (NYSE: WELL) investing in 86 Holiday properties — led to the most-read story on Senior Housing News in the last 12 […]
With an occupancy recovery underway and the prospect of favorable demographics around the corner, Atria Senior Living CEO John Moore believes that now is the time to evolve senior living offerings and build for the future — despite a challenging operating environment and some development headwinds. Atria recently has taken some decisive steps toward building […]
Atria Senior Living and Related Companies have announced that “Coterie” is the brand name for the luxury communities they are developing in San Francisco and New York City, as part of a planned $3 billion pipeline. Real estate investment trust Welltower (NYSE: WELL) is also a partner on the first two Coterie projects. “Coterie is […]
Three years after forging a $3 billion development joint venture with Atria Senior Living, real estate giant The Related Cos. has now deepened its involvement in the older adult health care market. Last week, New York City-based Related announced an investment in CareMax, a company that provides primary care, specialty care and coordinated services to […]
Real estate giant Related Companies is making a health care play focused on older adults through a newly announced investment in CareMax. In 2018, Related joined forces with Atria Senior Living to launch a $3 billion development pipeline focused on serving some of the most affluent urban markets in the United States. The new partnership […]
Related Cos. and Atria Senior Living have been tight-lipped about plans for their $3 billion development pipeline, so I was excited when NY YIMBY recently published renderings of the project underway in New York City. I reached out to the architecture firm that is involved, Handel, in hopes of learning more about the design concept, […]