The Age of Scale in Senior Housing is Just Beginning

The age of the single senior housing community operator is going the way of the dodo and the dinosaur. Operators handling 10 or more properties account for 43% of all units in operation, according to data from the National Investment Center for Seniors Housing & Care (NIC), which revealed the data on the final day […]

Senior Living Providers, Residents Have Huge Appetite for Aging Innovations

It’s a misconception that seniors are resistant to change. In fact, there’s a strong appetite for innovations in technology and service delivery among both senior housing providers and the older adults they serve, recent developments indicate. A fund targeting investment companies that are improving the aging experience—including through technology, home-based care and data analytics—has recently […]

Transactions & Financings: $1 Billion REIT IPO, LTC Sells Portfolio to NHI

Strategic Student & Senior Housing Trust’s IPO Declared Effective by the SEC Maryland-based Strategic Student & Senior Housing Trust, Inc., a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, LLC, announced that its registration statement pertaining to an initial public offering of about $1.1 billion in shares of common stock was […]

Top Quotes from the 2017 NIC Conference

The 2017 National Investment Center for Seniors Housing & Care (NIC) Fall Conference just wrapped up in Chicago—or the home base of Senior Housing News. It was unseasonably hot in the Windy City, but that seemingly didn’t put a damper on industry players’ networking or dealmaking. In case you weren’t able to make the event, […]

Senior Living Capital Providers Ask Tough New Questions of Operators

When it comes to securing new capital, company culture and staff training may be more important than many senior housing providers realize. It’s always been critical to invest in high-quality senior living staff, industry leaders agreed during a Wednesday session at the National Investment Center for Seniors Housing & Care (NIC) 2017 Fall Conference in […]

Dished: Most Popular Cocktails in Senior Living

From onsite pubs and Bloody Mary bars to home brewing beer, senior housing as of late has aimed to appeal to the happy hour lover in every resident. Nearly 70% of assisted living residents drink alcohol—and more than one-third drink daily, according to a University of Pittsburgh study published in Research on Aging in 2012. […]

Movers & Shakers: Revera’s New Senior VP of Retirement Living

Mainstreet Hires 3 New Team Members Mainstreet, a developer of post-acute health care properties, hired three new employees at its Carmel, Indiana-based headquarters. Susan Berry will be vice president of business development for Mainstreet Health. She most recently served as the director of operations with IPC Healthcare, and before that, she was the director of […]

Genesis Sells 18-Property Assisted Living Portfolio

Genesis Healthcare (NYSE: GEN), one of the nation’s largest post-acute providers, announced Monday that the company has sold 18 of its assisted living assets located in Kansas. The financial terms of the sale and the buyer were not disclosed. Kennett Square, Pennsylvania-based Genesis used the sale proceeds to repay $54.2 million of its existing bridge loan […]

Sunrise Gets Back Into Development: How Big Will It Go?

Sunrise Senior Living is once again building new properties from the ground up. After a period of inactivity, the company announced the opening of a community in the Bay Area last week, with others set to open in Ohio and Southern California in the coming months. The new developments are part of a “measured, rifle-shot” […]