In the Pipeline is part of your SHN+ subscription 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. Construction: Planned Trilogy Health Services expanding in Midwest Louisville, Kentucky-based Trilogy Health Services will develop and expand […]
Tryko Partners
Sales Harrison Street Sells 5 to The Springs Living for $193M Harrison Street announced the sale of a portfolio of five senior housing properties to The Springs Living at a value of $193.5 million. The portfolio includes 622 independent living, assisted living, and memory care units located in Eugene and Medford, Oregon; and Butte and […]
Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield managed by Atria Senior Living, represents SLR’s second community in Connecticut. Sales Grandbridge Real Estate Capital closes dual sales to […]
Sales NHI closes three sales to wrap up 2021 National Health Investors (NYSE: NHI) announced the sale of three senior housing communities in December, according to an update from the real estate investment trust. The three sales include: A 76-unit property, located in Marysville, Ohio, netted $12 million in gross proceeds plus $3.6 million for […]
Welltower (NYSE: WELL) improved its near- and long-term liquidity. The Toledo, Ohio-based health care real estate investment trust closed on an expanded $4 billion unsecured revolving line of credit. This will replace an existing $3 billion credit facility. Additionally, Welltower has two existing facilities outstanding: a $500 million term loan and a $250 million Canadian […]
Construction: Planned Minnesota Senior Housing Community Planned Located in Apple Valley, Minnesota, owner, developer and manager Dominium Senior Living has plans to build a 163-unit affordable senior housing community. The property was bought at the end of 2016 and construction on Legends of Apple Valley is scheduled to be complete in spring 2018. The building will […]