Health Care REIT Acquires Wisc. Senior Housing Community for $38 Million

Health Care REIT, Inc. recently bought a senior housing community from a subsidiary of Senior Lifestyle Corporation for $38 million, reports CoStar.  The community consists of two apartment buildings located in Greendale, Wisc., with a total of approximately 250,300 square feet.  The properties were under contract for about two months prior to closing and were […]

Which Companies Were Recognized For ALFA’s 2012 Best of the Best Awards?

The Assisted Living Federation of America (ALFA) recently announced the winners of its fifth annual Best of the Best Awards, which recognizes forward-thinking companies in or related to the senior living industry for innovative programs and services they’ve implemented. The awards encompass eight categories, listed below with the winner of each:  Resident Health & Wellness—Senior […]

Partnering with Rehabilitation Services is a “Win-Win,” For Senior Housing

Establishing partnerships between assisted living and other post-acute care providers—particularly rehabilitative services—is essential going forward in the senior living industry, a panel of senior care executives told attendees of ALFA Community 2012 session in Dallas on Wednesday. While there are many different components of the post-acute care continuum, the relationship between rehabilitation and assisted living […]

Health Care REIT Affiliate Buys Wisc. Senior Housing Complex for $38 Million

HCRI Wisconsin Properties LLC, an affiliate of Ohio-based Health Care REIT, recently bought a Wisconsin senior housing complex for $28.6 million from Chicago-based Senior Lifestyle Corp, according to the Milwaukee Journal Sentinel. Harbour Village is a 229-unit senior living community located in Greendale, Wisc. that includes 118 independent living apartments, 59 assisted living apartments, and […]