Spring Hills is catering to the preferences of incoming senior living residents with a new brand that takes luxury to a new level. The Edison, New Jersey-based operator in February launched The Opulence Collection with the goal of giving residents the luxuries they may have grown accustomed to in their personal lives. “What Opulence is […]
Watermark Retirement Communities
Transactions Watermark Takes Over Management of Almaden Watermark Retirement Communities announced it has assumed the operational responsibility of a California-based senior living community and has added the community to its signature program. The community – now called The Watermark at Almaden – is located in San Jose, California is Watermark’s ninth in the Northern California […]
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 […]
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 Watermark Retirement Communities Plans New California Project Tucson, Arizona-based Watermark Retirement Communities and national development firm Oppidan Investment Company have partnered to build a […]
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 Galerie Living nets approval for Emory University project Galerie Living recently saw approval for its plan to redevelop a portion of Emory University’s Briarcliff […]
In an ever-changing industry where financial challenges are numerous, some senior living operators are taking different and forward-thinking approaches to finding new and untapped ancillary revenue sources — and they are reaping the benefits. In the midst of rising costs and outside pressures eating into operators’ bottom lines, some are adopting pay structures that offer […]
Real estate firm Compatriot Capital has acquired an equity stake in Silverstone Senior Living that will fund growth plans for the next decade and potentially make it a new industry heavy-hitter in senior living development. Compatriot Capital is Dallas-based Silverstone’s largest limited joint venture partner, and the two companies are collaborating on investments in the […]
Financings VIUM Capital Closes $200M in Senior Housing, Healthcare Vium capital announed it closed approximately $200 million worth of deals in seniors housing and healthcare in the month of August. The $200 million figure comes from six financings that included 28 separate projects in nine different states. For example, Vium closed on a $7.7 million […]
The lines between senior living care levels have blurred in recent years as residents arrive at communities with more care needs, and as operators get more skilled in caring for them. For example, it’s a common refrain in the industry that today’s independent living residents are yesterday’s assisted living residents; and today’s assisted living residents […]
Brookdale Senior Living (NYSE: BKD) is still the nation’s largest senior living operator — but others are catching up, as the industry is still rife with disruption, according to Argentum’s 2022 Largest Providers Report. The report, released Wednesday, was compiled in partnership with real estate finance firm Lument. It ranks U.S. senior living operators in […]
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