Senior Housing Investors Net Healthy Returns

Financially, the senior housing market is in good shape, with return on investment eclipsing other major real estate property types. Over a seven-year period, senior housing returns have outperformed the National Property Index (NPI) and multi-family housing in total returns, income returns and appreciation. These and other findings were reported in the CBRE National Senior Housing […]

NorthStar to Acquire $640 Million CCRC Portfolio

NorthStar Healthcare Income Inc., a public, non-traded real estate investment trust, has agreed to purchase 15 continuing care retirement communities (CCRCs) from subsidiaries of Fountains Senior Living Holdings, LLC, in a deal totaling approximately $640 million. National senior living operator Watermark Retirement Communities Inc. will continue as the day-to-day operator of the CCRCs after the […]

CCRCs Top Latest Rankings of Best Assisted Living Communities

Three continuing care retirement communities have returned to the top spots in Best Retirement Destinations’ latest rankings of assisted living providers. Best Retirement Destinations, an online resource that helps people search for senior living communities, analyzes contenders across five key categories: personalized care, medical care, social networking, safety/security and proximity of medical care. Returning to the […]

Best Retirement Destinations Ranks Top Assisted Living Picks

Best Retirement Destinations, an online resource that helps people search for senior living communities, ranked its top assisted living destinations for March 2014. The top-30 rankings are evaluated by criteria that spans five critical areas, including personalized care, quality of medical care, social networking capabilities, safety/security and proximity of medical care.  “We have done our […]

CCRC Entry Fee Model Here to Stay—For Now

Thanks to the Great Recession’s impact on seniors’ net worth, some expect rental continuing care retirement communities (CCRCs) to gain market share in the next few years while others contend the diversity of the baby boomer generation will support the near-term viability of the entry fee model as well.  “Both will continue to have their places […]

Watermark Acquires Ore. Senior Living Community for $39.5 Million

Watermark Retirement Communities, Inc., an affiliate of The Freshwater Group, recently acquired and assumed management of a senior living community in Gresham, Ore. in a $39.45 million transaction. Courtyard Fountains has 252 residences, comprised of 44 assisted living units and 208 independent living units. Occupancy at time of closing was at 93%.  Watermark will introduce […]

In the Pipeline: Senior Housing Construction Projects (5/16/2012)

Construction: Planned INVENCO Seniors Housing to Build ALF in Fla. for Veterans INVENCO Seniors Housing, LLC, will pioneer an operating plan to help U.S. veterans find affordable housing solutions for a Viera, Fla.-located assisted living center meant to affordably house U.S. veterans. Viera Manor Assisted Living Facility will give veterans priority admission for 80% of […]