With National Healthcare Investors’ (NYSE: NHI) year-long effort to optimize its portfolio nearly complete, the company is once again renewing its focus on growth in…
Posts published in “Assisted Living”
Sonida Senior Living (NYSE: SNDA) leader Kim Lody is stepping down from her post, and current COO Brandon Ribar is slated to lead the company…
WALNUT CREEK, Calif. — Kisco Senior Living has acquired The Kensington at Walnut Creek, an assisted living and memory care community in the Bay Area…
MOUNT PLEASANT, N.Y. — Benchmark Senior Living has unveiled plans for Benchmark at Mount Pleasant, a seniors housing community in the Westchester County town of…
Financial distress among hotels during the pandemic and high development costs have created opportunities for senior living hotel conversion projects, with multiple companies engaged in…
Cushman & Wakefield Arranges Refinancing for The Residence at Summer Street in Stamford, Connecticut
STAMFORD, Conn. — Cushman & Wakefield has arranged the refinancing of The Residence at Summer Street, a newly developed assisted living community in Stamford. The…
NEW YORK CITY — Sunrise Senior Living has opened Sunrise of New Dorp, its second seniors housing community on Staten Island. The 85,000-square-foot, four-story features…
SIMI VALLEY, Calif. — Meridian Capital Group has arranged a $40 million loan to refinance Varenita of Simi Valley, an assisted living and memory care…
Average senior living occupancy grew 90 basis points to 81.4% in the second quarter of 2022, representing the fourth consecutive quarter for census growth in…
ALEXANDRIA, Va. — Benchmark Senior Living has unveiled plans for Benchmark at Alexandria, a 10-story senior living community in Alexandria. The property will feature 89…
BRENTWOOD, Calif. — Northwestern Mutual has completed the sale of Cortona Park, an assisted living community in Brentwood, to a joint venture between Cogir and…
Acquisitions Lloyd Jones Acquires Historic Connecticut Community Lloyd Jones announced it has acquired Hamilton Heights, marking the company’s fourth senior housing purchase since February. The…
TEMECULA, Calif. — Capital Funding Group (CFG) has provided a $32.9 million construction loan for the ground-up development of Varenita of Temecula. The 108-bed assisted…
Average annual rates for assisted living residents surpassed $51,000 per year in 2021, with New Jersey ranking as the most expensive state for those services.…
Due to the nature of their clientele, senior living operators continually need to market their services to attract prospective new residents. But it’s not just…
GREEN BAY, Wis. — NAI Greywolf has negotiated the sale of two seniors housing communities in Green Bay. Dawn Davis represented the seller. The portfolio…
SAN DIEGO — Live Oak Bank and Locust Point Capital have provided a $28 million loan for the development of an 81-unit assisted living and…
Demand among developers and operators for new senior living projects is higher in 2022 than in the prior year, even while construction costs and interest…
Assisted living operators are still struggling with workforce challenges in the summer of 2022 — in fact, more than half say their overall workforce situation…
ORLANDO — Foundry Commercial, in partnership with an investment fund managed by Morgan Stanley Real Estate Investing, has purchased the Spring Arbor Senior Living collection…