Transactions Grandbridge Real Estate Capital facilitates sale of communities Grandbridge Real Estate Capital’s senior housing investment sales team announced the sale of three senior housing communities in Florida on behalf of a national real estate investment trust (REIT). The communities were sold in June and August in separate transactions. Two of the properties were sold […]
Transforming Age
The need for more size and sophistication in the age of Covid. A senior living M&A market that is tilting toward buyers. The end of “extend and pretend.” These are just some of the forces pushing more senior living operators to consider joining forces in 2022 through mergers or acquisitions. But when I spoke with […]
With the creation of a new affordable housing arm and a handful of other notable developments in 2022, it has been a big year for Transforming Age. But the senior living nonprofit is not done evolving. Earlier this month, the organization added 10 new locations formerly managed by Essex Corp. and announced it’s opening a […]
Senior living nonprofit Transforming Age is opening a second headquarters and taking on 10 new communities in six states as part of the organization’s latest growth push. The 10 communities are located in Illinois, Colorado, Nebraska, Kansas, Iowa and South Dakota, with one of the communities under construction. The communities span about 1,000 units, and […]
Senior living nonprofit Transforming Age has unveiled a new affordable housing arm and brand called “Circ.” The newly created brand — which Bellevue, Washington-based Transforming Age formats as CIRC — is an amalgam of Sustainable Housing for Ageless Generations (SHAG), which affiliated with Transforming Age in 2021; and two other Transforming Age-affiliated entities: Community Life […]
The Covid-19 pandemic is still putting pressure on every facet of senior living operators, particularly as it relates to staffing, occupancy, and expenses. Technology is helping to fill the gap. Across the industry, senior living operators are exploring robotics and software systems aimed at boosting efficiency and helping workers spend more time with residents. Operators […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
“During 2021, it felt like the ‘Covid-19 finish line’ kept being moved further away. I don’t think we’ll see a world without Covid-19 soon, but I think our industry is armed with the knowledge and experience to help enrich seniors’ lives better than ever.” Brookdale Senior Living CEO Cindy Baier’s words ring true for nearly […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
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