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 Clark Retirement Plans to Read More »
Brookdale, Sunrise Share Best Practices for Emergency Evacuations in Senior Living
All senior housing communities hope they will never have to put their emergency evacuation plans into effect, but the unfortunate reality is that natural disasters happen. Recent events from fires to floods across the U.S. have sent some communities reeling in response, but those with Read More »
Sunrise Senior Living to Refund $2.7 Million in Fees to UK Residents
Sunrise Senior Living is set to dole out more than £2 million—roughly $2.7 million in today’s exchange rate—to many residents who reside at its United Kingdom care homes. The UK government’s Competition and Markets Authority (CMA) helped arrange the deal, which applies to all residents Read More »
HCP Unveils 5-Step Plan to Transform Senior Housing Portfolio
HCP, Inc. (NYSE: HCP) is hoping to get away from the “noise of repositioning” and finally start transforming. Addressing its senior housing portfolio is one key part of achieving this transformation, and leaders with the Irvine, California-based health care real estate investment trust (REIT) laid out their Read More »
Transactions & Financings: $1 Billion REIT IPO, LTC Sells Portfolio to NHI
Strategic Student & Senior Housing Trust’s IPO Declared Effective by the SEC Maryland-based Strategic Student & Senior Housing Trust, Inc., a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, LLC, announced that its registration statement pertaining to an initial public offering Read More »
Senior Living Providers Fret Over Potential Opioid Laws, Regulations
Seniors—and senior living providers—have not been immune to the U.S. opioid crisis. As state and federal policymakers are taking steps to combat opioid addiction and overdoses, assisted living providers are concerned about maintaining appropriate access to these painkillers for residents and trying to answer tricky Read More »
Ritz-Carlton Developer Pivots to Luxury Senior Housing
Dallas-based senior housing owner and developer Silverstone Healthcare Company has been in business for about five years and is working with a well-established operator on about $1 billion worth of projects. Still, it’s possible that many industry players haven’t heard of them. “We’ve kept a very low profile,” Read More »
New Policy Could Open Medicare Advantage Floodgates in Senior Living
Medicare Advantage (MA) plans will be able to offer a new type of benefit starting next year, which could be a game-changer for senior living. It could create a new revenue stream for providers while also making them more important players in the U.S. health Read More »
Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton
Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Read More »
Medicare Advantage Insurers Consider Senior Living Acquisitions
As the popularity of Medicare Advantage plans continues to grow, commercial health insurers are starting to look at senior living not only as a partner but as a potential acquisition target. While the number of senior living providers partnering with Medicare Advantage programs is small, Read More »
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