Senior Living Development is breaking ground on the first of what its chief executive envisions as a brand of senior living communities that combines high-end…
Posts published in “Assisted Living”
Spurred by a recent six-property addition and an optimistic outlook on demand, Peregrine Senior Living is seeking to expand in the Northeast. In January, Sculptor…
Almost one year ago exactly, Brian Beckwith ended his tenure as CEO of Formation Capital and began to consider his next moves. Sheryl Marcet was…
The number of occupied senior living units increased during the last three quarters of 2021 — but demand for assisted living has bounced back faster…
The average cost of professional liability claims in the assisted living setting ($267,174) continues to exceed that of skilled nursing facilities ($245,559). And while fall-related…
HANOVER, Mass. — Benchmark Senior Living has begun reserving apartments in preparation for Benchmark at Hanover, a 97-unit assisted living and memory care community in…
WILLIAMSBURG, Va. — CBRE has arranged $17 million in Freddie Mac acquisition financing for Edgeworth Park at New Town in Williamsburg, located between Richmond and…
REDWOOD CITY, Calif. — Sunrise Senior Living has opened Sunrise of Redwood City, an assisted living and memory care community in the Silicon Valley municipality…
Assisted living rates rose in 2021 as the senior living industry continued to get a handle on the Covid-19 pandemic and its many pressures on…
PORT CHARLOTTE, Fla. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Parkside Assisted Living and Memory Cottage,…
CENTRALIA, Wash. — MedCore Partners has sold Cooks Hill Manor, a 72-unit assisted living community in Centralia, Washington. “This was a strategic disposition for MedCore…
YAPHANK, N.Y. — Chelsea Senior Living has opened the assisted living and memory care expansion at The Chelsea at Brookhaven in the Long Island hamlet…
LINCOLN, Neb. — Real estate investment firm Lloyd Jones has acquired Woodlands at Hillcrest, an 89-unit, 107-bed seniors housing community in Lincoln. The seller and…
SIMI VALLEY, Calif. — Griffin Living has opened the doors on Varenita of Simi Valley, an assisted living and memory care community in Simi Valley,…
NAPERVILLE, Ill. — Bellwether Enterprise Real Estate Capital LLC (BWE) has provided a $21 million Freddie Mac loan for the refinance of HarborChase of Naperville,…
DUBLIN and NOVATO, Calif. — Southern California private equity firm IRA Capital has acquired two newly constructed assisted living and memory care facilities totaling 160…
JENSEN BEACH, Fla. — Grandbridge Real Estate Capital’s Tampa-based Senior Housing Investment Sales team has arranged the sale of The Cabana at Jensen Dunes. The…
FARMINGTON HILLS, Mich. — Anthology Senior Living has opened the doors on Anthology of Farmington Hills, a seniors housing community in Farmington Hills, approximately 20…
By Barbara Morrison, founder and president, TMC Financing According to the Centers for Disease Control and Prevention (CDC), there are around 28,900 residential care and…
ENCINITAS, Calif. — Ware Malcomb has completed construction of Westmont of Encinitas, an assisted living community in the San Diego suburb of Encinitas. Ware Malcomb…