Senior Living Providers Hike Fees to Cover Wage, Tech Costs

Minimum wage pressures and technology costs contributed to an increase in monthly resident fees within the not-for-profit senior living sector in 2015, but providers predict that rents will remain fairly steady over the next year, according to an annual poll conducted by Ziegler, a specialty investment bank. More than 170 not-for-profit senior living chief financial […]

Fastest-Growing Nonprofit Senior Housing Providers

Ecumen, National Senior Campuses and Episcopal SeniorLife were among the fastest-growing nonprofit senior housing providers in 2014, according to the 2015 LeadingAge Ziegler 150. The LZ 150, now in its 12th edition, lists the largest not-for-profit systems offering aging services through senior living in the country, among other statistics. This year, the top three largest not-for-profit […]

Senior Housing Deals Surge as Nonprofits Power-Up

A clear consensus is emerging in the senior living sector: Nonprofits are bouncing back after the recession, and leaders in the industry are taking note of their aggressive push for affiliations. More nonprofit senior living providers are choosing to consolidate or partake in joint ventures for strategic reasons, as opposed to the financial pressures that […]

Rising the Ranks: The Top-10 Largest Nonprofit Senior Living Providers

Ziegler and LeadingAge have released a sneak preview of their annual research project analyzing the largest not-for-profit senior living providers in the U.S., revealing the top 25 multi-site senior living organizations, and there is a new No. 1: National Senior Campuses.  “National Senior Campuses has been pretty aggressive with their growth,” Lisa McCracken, senior vice […]

Senior Housing Finance Activity: Ziegler, Greystone

Greystone Provides $58 Million Refinancing Loan for California Community Greystone, a real estate investment, lending and advisory company, has provided a $58,340,000 Freddie Mac loan to refinance Varenna at Fountaingrove in Santa Rosa, California. The facility is owned and operated by affiliates of Oakmont Senior Living and offers gourmet dining, concierge services, activity rooms, a […]

Editor’s Picks: Ventas Spin-Off a Done Deal, Beauty Shops in Senior Living

This week, SHN readers tuned into a trend of consolidation among senior housing operators, as well as a look at inflation in senior housing construction. Readers also delved into recruitment in senior living as companies grapple with succession planning. We looked into how family-owned operators are handling the challenge. SHN Most Read Consolidation Continues: A […]

Will The Search for New CEOs Be The Next Big Senior Living Challenge?

Senior living is still trying to find its footing with recruitment at a time when many companies are seeking hospitality professionals and other outsiders help stay on pace with the evolving industry landscape. It has not always been the easiest path for the industry, especially as leaders have worked to recruit new talent based on career […]

Senior Housing Investments & Transactions: NHI, LTC, Ziegler

NHI Acquires Ohio Assisted Living and Memory Care Community for $21 Million National Health Investors (NYSE: NHI) announced on Aug. 3 that its NHI-Bickford Senior Living joint venture has acquired Fairfield Village, an assisted living and memory care community in Lancaster, Ohio, for $21 million in cash. The 92-unit Fairfield Village was built in 2006 […]

Senior Housing Investments & Transactions: Ziegler, Greystone

Ziegler Arranges Sale of Six-Property Portfolio to Griffin-American Healthcare REIT III Chicago-based specialty investment bank Ziegler recently announced the closing of the sale of the Brentwood Portfolio on behalf of SLCM, LLC., a developer and provider of senior housing in Indiana and Michigan. The portfolio, which was purchased by Griffin-American Healthcare REIT III under a […]