Transactions & Financings: Healthpeak’s $550M Cash Tender Offer; Bankruptcy Court Approves $76M Henry Ford Village Sale

Healthpeak Properties (NYSE: PEAK) continues to shore up its financial position. The Denver-based health care real estate investment trust (REIT) announced cash tender offers for up to $550 million in senior notes due in 2025. The offerings consist of $250 million in senior notes carrying a 3.4% interest rate, and $300 million in senior notes […]

In the Pipeline: Avenida Plans Project Near Nashville; Community Opens at Arizona State University

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. View this year’s winning entries here. Planned Avenida Plans Active Adult Project Near Nashville Avenida Partners is planning a new active adult community in Hendersonville, Tennessee. […]

Transactions & Financings: Healthpeak’s $600M Senior Note Offering; Resort Lifestyle Communities $36M Construction Loan

Healthpeak Prices $600M in Unsecured Senior Notes Healthpeak Properties (NYSE: PEAK) announced a public offering of $600 million aggregate principal amount of 2.875% senior unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes. Healthpeak plans to use the net proceeds from the offering to fund the redemption […]

3 Innovative Senior Housing Projects That Hold Lessons For Nonprofits

Nonprofit senior living providers have historically driven innovation in the field, but there is some concern that they are being eclipsed in this regard by for-profit competitors that are controlling more market share, can bring capital to bear more quickly and have a higher risk tolerance.  The differences between nonprofits and for-profits may not be […]

Movers & Shakers: Summit Vista’s CEO; LCB Senior Living Names Marketing Director

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 year. Visit SHN Jobs today. […]

Best Independent Living Design 2017: Picturesque Pennsylvania Views

When Willow Valley Communities, a non-profit continuing care retirement community (CCRC) in Lancaster, Pennsylvania, finished work on a sizable independent living project last summer, it added an array of upscale amenities for its roughly 2,300 residents. But one of the most celebrated amenities was also one that stood far above the rest—literally. As part of the new development—which includes […]

Senior Housing Finance Activity: Welltower, CBRE

Welltower Completes $700 Million Senior Unsecured Note Offering Toledo, Ohio-based Welltower Inc. (NYSE: HCN) has successfully completed its offering of $700 million in aggregate principal amount of 4.25% senior unsecured notes due April 1, 2026. The notes were priced at 99.227% of their face amount to yield 4.345%. “This transaction demonstrates Welltower’s disciplined approach to […]

Movers & Shakers: Kisco’s New CFO

Mainstreet Hires Green House Founder Bill Thomas Mainstreet, a national investment company, has hired Dr. Bill Thomas as its new director of innovative health care. Thomas is the creator of The Green House, a model of care that focuses on a smaller scale of residents. He is a Harvard-Trained geriatrician and internationally recognized expert on […]

Making the Case for Price Transparency in Senior Living

The costs of senior living can range from $1,500 to $8,000 a month and beyond — price points providers often hesitate to immediately share with prospective residents. But these costs, along with billing and payment options, are becoming increasingly important to share upfront with prospects who are in the throes of making a major life […]