Atria CEO Moore Anticipates 5-Brand Portfolio Within a Year

As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]

Movers & Shakers: Ryan Companies Names CFO; Mather’s New SVP of Strategic Initiatives

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LTC’s Simpson: Private Equity Driving Unreasonable Valuations, Thrive in Default

A persistent pricing disconnect in the senior housing M&A market is limiting acquisitions for LTC Properties (NYSE: LTC), CEO Wendy Simpson said Thursday in announcing Q1 2019 earnings. The Westlake Village, California-based real estate investment trust (REIT) is taking advantage of current market dynamics to sell some properties and also has been trying to resolve […]

Welltower Posts Strong Senior Housing Revenue, Sells $290 Million StoryPoint Portfolio

Welltower’s (NYSE: WELL) senior housing portfolio performance drove strong earnings in the first quarter of 2019, which also included notable transactions such as the $290 million disposition of a triple-net leased portfolio operated by StoryPoint Senior Living.   The Toledo, Ohio-based health care real estate investment trust (REIT) on Tuesday reported total revenue of 1.27 […]

Transactions & Financings: Welltower’s San Antonio Portfolio Buy; SunTrust’s $69M Financing

Welltower acquires San Antonio senior living portfolio Toledo, Ohio-based health care real estate investment trust (REIT) Welltower (NYSE: WELL) acquired a two-building senior housing portfolio in San Antonio, Texas, totaling 335 units. The seller was Dallas-based senior housing developer, South Bay Partners.The two adjacent buildings, Watercrest at Dominion (230 units) and Isle at Watercrest Dominion […]

4 Keys to Successful Senior Living Projects in Mixed-Use Developments

Senior housing as a component of mixed-use development is gaining in popularity with investors, developers and future residents alike. The trend is driven by the impending arrival of baby boomers to the senior living space and the broader shift from acute care to wellness and prevention, which is paving the way for more health-focused real […]

Belmont Village Strikes JV with Baptist Health for South Florida Developments

Belmont Village Senior Living topped out its first community in South Florida last week. Now, the company is laying the foundation for developing a pipeline of projects in the region, through a new partnership with Baptist Health South Florida. Houston-based Belmont Village announced a new partnership with the nonprofit health system to develop, own and […]

How HCP Plans to ‘Fix’ Its Senior Housing Portfolio

HCP’s (NYSE: HCP) senior housing portfolio underwent a transformation in the past two years. The Irvine, California-based health care real estate investment trust (REIT) now is ready to move from playing defense to being in a position to grow the business, despite market headwinds. But there are still some moves HCP needs to do in […]