Sometimes taking one step back means taking two steps forward. At least that was the case with Lisa Brush, whose more than 20-year career includes time at Sunrise Senior Living, its REIT counterpart, and Ventas. When Brush launched her career in senior housing at the ripe age of 22, it didn’t take long for her […]
Dazzling fireworks displays will light up the skies this 4th of July weekend, but you might have caught a glimpse of a different sight recently if you looked skyward in the Cleveland area: Residents of the Parker Place Senior Center riding in a 1946 Steerman biplane. Check out the video below for some inspiration. SHN […]
Sunrise Senior Living is once again building new properties from the ground up. After a period of inactivity, the company announced the opening of a community in the Bay Area last week, with others set to open in Ohio and Southern California in the coming months. The new developments are part of a “measured, rifle-shot” […]
(Chateau Waters Kitchen and Living Space – Photo Courtesy of Chateau Waters) Construction: Planned Northern Calif. Provider Closes Land Deal for 173-Unit Project Northern California Presbyterian Homes and Services (NCPHS) last week announced it has officially closed on an $11.2 million purchase of land in Walnut Creek, Calif. where it plans to build a continuing […]
Today Health Care REIT (NYSE: HCN) and Revera, Inc. announced they have entered into an agreement to acquire Canadian senior housing operator Regal Lifestyle Communities Inc. (TSX: RLC) for $623 million through an existing 75/25 joint venture between the two companies. The Toronto, Ontario-based Regal owns and operates 23 senior housing communities with more than […]
Senior living providers recognize and realize the importance of tours given through their communities as a way for prospective residents and their families to get a feel for the people and the place. Scheduled visits as well as open houses are commonplace, but Sunrise Senior Living takes the initiative national this week with its annual […]
In case you missed them…. here are the top headlines grabbing Senior Housing News readers’ attention this week. Alliance Residential Launches $1 Billion Senior Living Pipeline—With an established footprint in multifamily development, Alliance is making a major foray into senior housing with a billion-dollar pipeline planned in the coming years. As Providers Ready for […]
Following a year that brought blockbuster acquisitions and record-breaking deal volume, this year’s ranking of the largest senior living providers reflects the growth and consolidation of the top players in the market. Notably, the biggest change in the list is the merging of Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) and Emeritus Senior Living Corp. […]
A new entrant in the high-end senior living development space plans to rapidly become a major player in some of the nation’s most competitive markets, thanks to the leadership of an industry veteran and the resources of a long-established multifamily housing company. Alliance Residential Company — a national multifamily acquisitions, construction and management company with […]
In case you missed them… here are the top headlines catching Senior Housing News readers’ attention this week. ‘Ritz-Carlton Meets Disney World’ For New Senior Housing Developer—One new entrant to the senior housing space is planning a new concept for senior living, and it’s somewhere between Ritz-Carlton and Disney World, according to the developer, Affinitas […]
