Transactions & Financings: Revera’s Tech Investment; KeyBank Lends $159 Million for Acquisitions

KeyBank provides $159 million in acquisition financing to ReNew Investors KeyBank Real Estate Capital Senior Vice President Laura Conway and Senior Vice President Brandon Taseff arranged over $159 million in financing to ReNew Investors and affiliated entities, for the acquisition of eight senior housing communities in Michigan, Pennsylvania and Virginia. The acquisitions were made over […]

In the Pipeline: Civitas Plans Texas Project; Belmont Village Opening 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, the annual SHN Awards Competition. Construction: Planned Civitas Senior Living, LKP Ventures Announce Texas Project Civitas Senior Living and real estate […]

Revera, ONE Properties Join Forces for Urban Developments in Canada

Urban centers continue to be desirable sites for senior housing development, even north of the border. Mississauga, Ontario-based Revera has announced a joint venture with Edmonton, Alberta-based ONE Properties to develop new retirement communities in key Canadian urban markets. Revera owns and/or operates 500 communities in the U.S., Canada and the UK, including through an ownership stake […]

Transactions & Financings: Revera Buys UK Operator, Cushman & Wakefield Files for IPO

Revera Buys UK-Based Senior Living and Skilled Nursing Operator United Kingdom-based senior care and nursing home provider and developer Signature Senior Lifestyle has been purchased by Canada-based operator and investor Revera Inc., Care Home Professional reported. The purchase price was undisclosed. Signature develops and operates care homes, and currently manages 10 care homes in the UK, with […]

Aging2.0 Optimize: How Revera Created an Innovation Hub from Scratch [Sponsored]

The Aging2.0 OPTIMIZE conference brings together 1000+ senior care executives, tech companies, investors and entrepreneurs from around the globe. This not-to-be-missed event November 14-15 in San Francisco will feature captivating keynotes, exclusive networking opportunities, unique market insights and a cutting-edge showcase of innovative exhibitors. Sign up with the promo code A2NETWORK and receive a 10% registration discount. […]

Senior Housing Occupancy Surges in Major Canadian Markets

Senior housing oversupply is putting pressure on providers in some major metros across the United States. North of the border, the story is a little different: Supply is not keeping up with demand in some of Canada’s largest markets. In the province of Ontario, the vacancy rate for senior housing and care spaces has declined to […]

Why Canada’s Tallest Senior Housing Community Impresses China

Sélection Panorama, a 30-story senior housing project currently under construction near Montreal, Quebec, is noteworthy for being the tallest senior housing tower in Canada—but that’s not all. It’s impact will extend far beyond Canada, according to Gaëtan Cormier, the senior vice president of development at Quebec-based senior housing company Réseau Sélection, which is developing the project. Réseau Sélection is […]

Not a Prison: Design Tips for Calmer Memory Care

Six out of 10 people with dementia will wander and risk becoming disoriented, according to the Alzheimer’s Association. In senior housing settings, disorientation can lead to exit-seeking behaviors, which can increase anxiety, hostility toward others, fatigue and elopement. But for new as well as established memory care communities, there are design elements that can help […]

Aging2.0 Optimize: How Revera Is Piloting the Future of Senior Care Tech (Sponsored)

The Aging2.0 OPTIMIZE conference brings together 1000+ senior care executives, tech companies, investors and entrepreneurs from around the globe. This not-to-be-missed event October 11-14 in San Francisco will feature bold keynotes, unparalleled networking opportunities, valuable market insights and a one-of-a-kind Experience Zone—an expansive, multi-sensory showcase of the most innovative technology-driven solutions across the themes of […]

In the Pipeline: Senior Housing Construction Projects (5/12/16)

(Tribute at Heritage Village — A senior living community in the Washington, D.C. metro area developed and operated by Atlanta-based Thrive Senior Living) Construction: Planned Civitas Senior Living Plans Summer Construction for Texas Community Officials with Fort Worth, Texas-based Civitas Senior Living and Summerlin Asset Management announced last week that construction will begin this summer […]