Bridgewood Founder Launches New Luxury-Focused Senior Living Management Company Aspenwood 

Bridgewood Property Group President and Retirement Center Management CEO Jim Gray is launching a new senior living management company. The new Houston, Texas-based operator, The Aspenwood Company, was created to “meet the evolving needs of [Bridgewood’s] current as well as future developments and acquisitions,” according to a press release on the launch. “Our main primary […]

Senior Living Providers Add Talent in New Roles Focused on Staffing, Occupancy Challenges

Covid-19 has created many challenges for the senior living industry, chief among them regaining lost occupancy and hiring enough staff. The severe challenges of 2020 and 2021 have prompted some senior living providers to think creatively and hire for new roles to improve recruitment and retention, and elevate sales and marketing to drive occupancy. One […]

List of Priciest U.S. Senior Living Communities Shows Luxury Niche Deepens as Market Matures

Over the last few years, the senior living industry has focused on meeting the middle market, and for good reason. But at the other end of the spectrum lies another evolving market niche: luxurious communities with services and prices geared toward the affluent. For residents, these communities come with cream-of-the-crop services — and monthly rates […]

In the Pipeline: Cypress Cove’s $60M Expansion; South Bay Partners Breaks Ground in California

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 […]

Transactions & Financings: Chicago Pacific Founders, CBRE

MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]

Senior Housing Investments & Transactions: Blueprint, Greystone

Greystone Real Estate Advisors Closes Sale of Seniors Housing Community in Texas Greystone, a real estate lending, investment and advisory company based in New York City, announced its Real Estate Advisors group closed the sale of Spring Creek Village, a newly-constructed 108-unit memory care and assisted living community in Spring, Texas. Financial details were not disclosed. […]