Transactions Front Porch acquires development advisory company Front Porch Communities and Services has acquired development advisory company Arch to serve as its in-house development company. Alongside managing Front Porch’s capital projects, Arch will “support existing clients and foster new ones, managing building projects in senior, learning and healing environments,” according to a press release. Arch […]
Walker & Dunlop
This story is part of your SHN+ subscription The stage is set for 2025 to be a record-breaking year for senior living merger and acquisition activity. As of the end of September, the industry reached “new heights” with reaching a record breaking 733 publicly announced deals over a 12-month span, according to Irving Levin data. […]
Better senior living industry operating results have given investors more confidence to transact in 2025 as buyers and sellers shift away from deals driven more by market distress. That’s according to a new report from Walker & Dunlop, released Oct. 7. The authors of the report compiled it using data from sources including NIC MAP, […]
Transactions Distinctive Living expands with joint venture Distinctive Living announced it formed a strategic joint venture with Seascape at Naples in partnership with a West Coast leading global investment firm. With having an ownership stake in the 198-unit community, Distinctive Living “assures greater alignment with capital partners,” a news release states. “Seascape at Naples will […]
Transactions Berkadia sells three upscale communities Berkadia announced on Dec. 6 that it sold three upscale assisted living and memory care communities in the Chicago and Milwaukee metropolitan areas. According to a press release, the 306-unit transaction included Heartis of Orland Park, Heartis Village Brookfield and Heartis Village North Shore. Berkadia represented the seller, a […]
This story is part of your SHN+ subscription. Another REIT has joined the RIDEA bandwagon. During a third quarter earnings call on Oct. 29, LTC Properties (NYSE: LTC) CEO Wendy Simpson said she was a “new convert” of the RIDEA operational structure. “For those of you who have followed us a long time, you know […]
After a period of strain, the senior housing industry is poised for a coming evolution and growth with strong tailwinds. That’s according to the latest Senior Housing Outlook Report from commercial real estate and financial advisory firm Walker & Dunlop. Capital markets challenges in 2024, particularly high interest rates, and wage growth have contributed to […]
The active adult boom is underway – and what occurs in the coming months and years will help shape the product type’s next chapter. A third of all current active adult inventory has opened in the last four years, with the largest markets including Dallas, Texas, Los Angeles, and New York City. Succeeding in active […]
The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points, setting the stage for an uptick in senior living lending and dealmaking. With the Fed’s announcement Wednesday, the U.S. central bank lowered the target range for federal funds to 4.75% to 5%. The Fed had previously held off on enacting rate cuts […]
This story is part of your SHN+ subscription Last year, operators and properties, particularly in rural and tertiary markets, faced “death spirals” of stagnant occupancy and rising expenses. In 2024, conditions behind that trend have not abated, and some of those properties are now being snatched up by well-capitalized players. In the meantime, there has […]
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