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 […]

In the Pipeline: Senior Housing Construction Projects (3/10/16)

(The Arlington of Naples Retirement Community in Naples, Fla. – Photo courtesy of Lutheran Life Communities) Construction: Planned Primrose Retirement Communities Plans Ark. Assisted Living, Memory Care Project Aberdeen, S.D.-based Primrose Retirement Communities, LLC, this week announced plans to begin construction on a 98-unit assisted living and memory care community in Rogers, Ark. Primrose is inviting […]

Welltower, Revera Complete $582 Million Regal Acquisition

Welltower (NYSE: HCN) and Revera Inc. announced Monday the completion of the previously announced acquisition of Regal Lifestyle Communities Inc. (TSX: RLC) through an existing 75/25 joint venture. The transaction comes in at C$12 per share in cash, a total enterprise value of about C$764 million, or $581.51 million in U.S. dollars. The transaction was originally pegged at […]

Senior Living Developer Swings Big with $1 Billion Canadian Pipeline

Canada’s senior housing sector continues to attract big money from both national and U.S. investors looking to capitalize on the market’s robust opportunities for acquisition and development. For some players, including one Montreal-based senior housing owner-operator-developer, the opportunity is to the tune of more than $1 billion. The reach is so big, that this provider […]

Genesis to Acquire $240 Million SNF Portfolio From Revera

Genesis HealthCare (NYSE: GEN) announced Monday that the company has signed an asset purchase agreement with Revera Inc. to acquire 24 of its U.S. skilled nursing facilities along with its contract rehabilitation business for $240 million. Under the agreement, Genesis will acquire the real estate of 20 of the 24 facilities and will enter into a long-term lease […]

HCN, Sunrise Expand UK Partnership, Launch Development Pipeline

Health Care REIT (NYSE: HCN) announced Thursday has completed an 11-property senior housing portfolio acquisition in Southern England from Gracewell Healthcare for £153 million (USD$257 million) in cash. Separately, Sunrise Senior Living, in which HCN owns a 24% interest, has acquired Gracewell’s management company and will manage the portfolio. The companies are also partnering on […]