Senior living operators, owners and developers are still continuing to grow their active adult holdings in 2024 as demand for the product type stays relatively steady. Companies with sizable scope and scale, including Greystar and the middle-market-focused One Clover, are scaling up now with a belief that older adults will continue to flock to the […]
ZOM Senior Living is positioning itself to capture the “migration patterns” of older adults as the company gears up for growth, after completing its first luxury housing communities over the past year. Primarily focused on multifamily development, ZOM Living started its senior housing vertical in 2018 and completed its first community, Wellington Bay, in September […]
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. Construction: In Progress LCS renovates community that was former school Shipley Living, a senior living community managed by Life Care Services in Wilmington, Delaware, is undergoing […]
Covid-19 has made “density” a dirty word in real estate, and senior living developers are taking heed. Some data indicate an exodus is occurring from the most densely populated urban centers in the United States, in part because people are wary of coronavirus outbreaks like the one that beleaguered New York City in the early […]
Federal Reserve’s bond-buying program includes Welltower, Ventas, Healthpeak Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Healthpeak Properties (NYSE: PEAK) are among the real estate investment trusts receiving funding as part of the Federal Reserve Bank of New York’s Secondary Market Corporate Credit Facility (SMCCF), The Real Deal reported. The program, established as part of the […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]
Capital One closes $109M loan to Meridian Senior Living Capital One served as the administrative agent for a $108.9 million loan to a joint venture owned by Sino-Ocean Capital and Meridian Senior Living. The borrower will use a portion of the proceeds to acquire two senior housing communities in Florida, the 106-unit Symphony at the […]
With 10,000 baby boomers reaching retirement age every day for the next 20 years, more pure multifamily investors and developers are dipping their toes into the senior living waters, building modern product and amenities to meet the demand of this growing customer base. Orlando-based ZOM Living recently acquired a 46-acre waterfront site in Wellington, Florida, […]
