Top 10 Senior Housing News Stories of 2023

This was a tough year for the sector, judging by the most-read stories on Senior Housing News. Financial troubles dominated, with Enlivant’s default notice and related negotiations being the most-read story in the last 12 months. The bankruptcy filing of a large CCRC, the troubles at Anthology Senior Living’s parent company, and the closure of […]

Welltower Announces $1.5B Stock Sale to Acquire Senior Housing Properties

Welltower (NYSE: WELL) is reloading its”growth bazooka” with fresh ammunition to fund senior housing acquisitions amid what CEO Shankh Mitra recently called “the best environment for investments that we have ever seen.” The Toledo, Ohio-based company on Monday announced a sale totaling $1.5 billion in gross proceeds from a public offering of 17.5 million shares […]

Oakmont and Sunrise Senior Living Embark on New Chapters with Welltower’s Backing

The headline from Welltower’s Q2 2021 earnings call was the record investment pace that the real estate investment trust (REIT) is setting. However, I was most interested in news related to two senior living operators: Sunrise and Oakmont. Under a new joint venture, Welltower expects to roughly double its Oakmont portfolio through the acquisition of […]

In the Pipeline: MorningStar, Edgemark Plan Colorado Community; Third Margaritaville Project Moves Closer to Opening

Construction: Planned MorningStar, Edgemark Plan Colorado Community MorningStar Senior Living and co-developer Edgemark Development are planning to open a new senior living community in Centennial, Colorado. The community, MorningStar Senior Living at Holly Park, is slated to have 160 independent living, assisted living and memory units. Planned amenities include an indoor saline pool, fitness and […]

Transactions & Financings: Cushman & Wakefield Brokers PGIM-Revera JV; HumanGood Affiliates with Washington Provider

Earlier this month, PGIM Real Estate and Revera Communities affiliate Signature Senior Lifestyle announced a joint venture to develop and manage senior housing communities in the United Kingdom, focusing on submarkets in the greater London area with strong demographic demand. Earlier this week, global real estate services firm Cushman & Wakefield (NYSE: CWK) announced that […]

Transform episode #43: Revera CEO Tom Wellner

Revera is one of the biggest names in North American senior housing, serving 20,000 older adults in long term care homes and retirement residences in Canada, and as the majority shareholder in Sunrise Senior Living. Like senior living providers of all sizes, Revera was affected by the Covid-19 in myriad ways. In an effort to […]

Revera CEO: Pandemic Response Analysis Informs Operating Changes, Sunrise CEO Search Progressing

Like senior living providers of all sizes, Revera was affected by Covid-19 in myriad ways. But as one of the largest North American providers, the company had a big-picture view of the pandemic. In an effort to analyze what happened in the first waves of Covid-19, and prepare for potential future infectious disease outbreaks, Revera […]

Covid-19 Bulletin: Legal Immunity for California Providers in Doubt; Massachusetts Slow to Report Covid-19 Assisted Living Data

Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]