In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Planned Vi Community in Florida Plans […]
Executives with LTC Properties (NYSE: LTC) are seeking to further reduce the company’s Senior Lifestyle holdings this year, while at the same time building new operator relationships and growing existing ones. The Westlake Village, California-based real estate investment trust (REIT) yesterday disclosed it had transitioned 11 of its 23 assisted living communities leased to Senior […]
LTC Properties (NYSE: LTC) has transitioned 11 assisted living communities leased to Senior Lifestyle to other operators. The Westlake Village, California-based real estate investment trust (REIT) disclosed Thursday in its fourth-quarter earnings release that it had changed the leases on 11 properties in Wisconsin, Ohio, and Illinois, going from Senior Lifestyle to two other operators. […]
Real estate investment trust LTC Properties (NYSE: LTC) collected 92% of rent due in the second quarter of 2020, with most of the shortfall attributed to buildings operated by Senior Lifestyle Corp. Westlake Village, California-based LTC wrote off $17.7 million in straight-line rent receivable and lease incentive balances related to an affiliate of Senior Lifestyle, […]
With shiny new supply flooding various markets around the country, senior living communities must make a good first impression on prospective residents, or they will quickly lose customers to the competition. In this environment, providers are wise to invest in stellar model units and to focus on reception and common areas that prospects first encounter. […]
Leaders with Colony Capital (NYSE: CLNY) expect continued headwinds to affect the company’s senior housing portfolio but believe that conditions are improving for skilled nursing facilities. Meanwhile, the Los Angeles-based real estate investment trust (REIT) is continuing to restructure its health care portfolio, most recently converting a RIDEA arrangement to a triple-net lease. Overall, the […]
Independent living and assisted living providers today offer a host of ancillary services that can help residents maintain wellness and keep them out of hospitals and other high-cost health care settings. Having these capabilities should make senior living an attractive partner to Medicare Advantage and managed care organizations, but these relationships are still rare. These […]
When trying to decide whether a plot of land is right for a senior housing development, Harbor Retirement Associates (HRA) asks this question: Is there a Talbots clothing store in the area? “Talbots selects their sites based on their catalog or internet sales and ZIP code analysis, and we know that we’re targeting the same […]
This week’s 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 & design trends, the annual SHN Awards Competition. Construction: Planned Apartment Complex Near Orlando to Include Assisted Living and Memory Care A […]
The woman with the long grey hair, sweet smile, and Brooklyn moxie played one final piano flourish and turned to the crowd at The Sheridan at Green Oaks, receiving applause and thanks. A group of about 20 memory care residents at the Senior Lifestyle facility in suburban Chicago were gathered for a concert with an opera […]
