In the Pipeline: Aegis Plans ‘World’s Greenest’ Community; Watercrest, St. Joe Start Work

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: In progress Aegis Plans ‘World’s Greenest’ Community in Seattle Workers have broken ground on […]

Transactions & Financings: Brookdale’s $160M Credit Facility; Westmont Living’s $58M Acquisition

The NIC Fall Conference is underway in Chicago and the deals are flowing like wine. Here are some recent transactions. Brookdale secures $160M credit facility Brookdale Senior Living (NYSE: BKD) secured a $160.3 million credit facility for a five-community, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas. Brookdale has owned and operated the portfolio for […]

Transactions & Financings: Senior Housing Management Expands Operations; Ensign Acquires in California

JLL advises Welltower on $1.8B Benchmark portfolio sale JLL (NYSE: JLL) represented Welltower (NYSE: WELL) in the Toledo, Ohio-based REIT’s $1.8 billion disposition of 48 properties operated by Waltham, Massachusetts-based Benchmark Senior Living, to an unnamed buyer. The 4,137-unit portfolio consists of 48 assisted living properties located in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island […]

Transactions & Financings: New Senior Issues Fortress Affiliate $40 Million In Stock, NHI Lends $180 Million

New Senior Investment Group Issues Fortress Affiliate $40 Million in Series A Preferred Stock New Senior Investment Group (NYSE: SNR) filed an 8-K form with the Securities and Exchange Commission (SEC) indicating the New York City-based real estate investment trust (REIT) issued 400,000 shares of Series A Preferred Stock to FIG LLC, an affiliate of […]

AbiliT Taps Senior Housing Management to Run 8 Wisconsin Communities

Senior Housing Management will manage an eight-community portfolio in Wisconsin thanks to a newly announced arrangement with senior housing owner AbiliT Senior Living. The Cedar Rapids, Iowa-based senior living operator on Jan. 14 will assume management of Milestone Senior Living communities in the Wisconsin towns of Cross Plains, Eagle River, Eau Claire, Hillsboro, Rhinelander, Stoughton, Tomahawk and […]

In the Pipeline: Ryan Cos., Cadence Announce New Arizona Project; Meridian Opens in Ohio

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: In progress Ryan Cos., Cadence Living Collaborate on Arizona Project Ryan Companies, Cadence Living and […]

Transactions & Financings: ORIX USA, Midcap Financial

Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]

In the Pipeline: Senior Housing Construction Projects (3/1/18)

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 Senior Housing Management Planning Addition at Iowa Community Senior Housing Management has announced plans […]

In the Pipeline: Senior Housing Construction Projects (6/2/16)

(Project rendering of Spring Cypress Assisted Living and Memory Care, a senior living community managed by Civitas Senior Living in Cypress, Texas — Photo courtesy of Civitas Senior Living) Construction: Planned Developers Plan Civitas Assisted Living and Memory Care Project for Cypress, Texas The National Realty Group and MedCore Partners will begin construction late May to deliver an 80-unit […]

In the Pipeline: Senior Housing Construction Projects (5/26/16)

(Shavano Park Senior Living, an assisted living and memory care community in San Antonio, Texas — Photo courtesy of Pi Architects) Construction: Planned O’Reilly Development, Arrow Senior Living Gain Approval for $30 Million Mo. Project Springfield, Mo.-based O’Reilly Development and St. Charles, Mo.-based Arrow Senior Living Management this week announced they have received the approved Certificate […]