The U.S. senior housing penetration rate has hovered around 10% over the last decade, but there’s been wide variability across different metropolitan areas. It’s difficult to pinpoint why the rate varies so much from city to city, and gaining a greater understanding of what drives penetration has big implications for the industry. Increasing market penetration […]
Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]
Sabra Health Care REIT Announces $430 Million Deal Sabra Health Care REIT (Nasdaq: SBRA) recently revealed a plan to buy 24 skilled nursing and transitional care units on the West Coast for $430 million. Read more at Skilled Nursing News. Sagora Senior Living Purchases Community in Kingwood, Texas Fort Worth, Texas-based Sagora Senior Living recently purchased the […]
Many questions have been raised by the rumor that Brookdale Senior Living (NYSE: BKD) is negotiating with the Blackstone Group and other potential buyers over a sale of the company. Perhaps foremost among these questions: What is the value of Brookdale’s real estate, and what deal structures appear most likely? The real estate piece is […]
Senior Housing News and its job board attracts the best and brightest talent in the industry. If you’re trying to find candidates who are synched up with industry trends and insights, post your new jobs with us here to get in front of those candidates. In this week’s SHN jobs listing, companies such as Senior […]
Senior housing industry jobs are growing by the day as the population ages….find out who is looking for fresh talent and if your skills fit the needs of some of the industry’s most innovative employers that are advertising on the Senior Housing News Job Board. Post your job today to reach the most progressive and […]
Wells Fargo Capital Finance Announces New National Health Care Sales Manager Wells Fargo Capital Finance, the asset-based lending division of Wells Fargo & Company (NYSE: WFC), announced the promotion of Kevin Harbour to national health care sales manager in the company’s health care finance group. Harbour will be responsible for leading a team of business […]
Enlivant Acquires Two Georgia Communities Enlivant, a senior housing provider that operates almost 200 communities across 19 states, has acquired two senior living communities in Georgia, a state where the company already has an established presence. The communities were purchased for $10 million. The two communities, Winthrop West and Winthrop at Polk, were bought from Winthrop […]
Several of the country’s largest health care real estate investment trusts (REITs) and major lenders have offered their support for a new initiative to track and report seniors housing actual rents, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. The initiative makes NIC the first to collect and report such data, […]
Silver Arch Closes $4.75 Million Loan for Michigan Assisted Living Facility Silver Arch Capital Partners, a New Jersey-based private lender to the commercial real estate market that specializes in alternative lending, closed a $4.75 million loan for Belle Oakes Living Center, an assisted living facility in Lake City, Michigan. The owners of the facility will […]
