Morgan Stanley Smith Barney (NYSE: MS) is set to create a non-traded real estate investment trust aimed at securing a portfolio of high quality commercial…
Posts published in “Finance & Development”
Acquisitions IRA Capital acquires $41M, 140-unit community IRA Capital, a private equity firm, announced that on Dec. 21 it had acquired the 140-unit San Clemente…
The senior living industry could be in need of over 200,000 new units by 2025, a figure that at current construction rates, remains out of…
This article is available as part of your SHN+ membership While the end of the year is typically quiet for senior living industry news, one…
A continuing care retirement community (CCRC) with a history of financial woes is slated to change hands, with senior living company LCS poised to buy…
Management Ciel assumes management of HarborChase of Princeton, rebrands Ciel Senior Living announced it has assumed management of HarborChase of Princeton. Now rebranded to Ciel…
While macroeconomic trends have dampened senior living deal activity in 2023, those involved in health services transactions should remain “cautiously optimistic” for 2024, according to…
Acquisitions Unlock Health acquires SPM Group Unlock Health, a healthcare and technology and services growth platform, announced it has acquired SPM Group, a network of…
Financings 2Life Communities issued $17.8 million bond MassDevelopment has issued a $17.8 million tax-exempt bond to 2Life Communities to demolish a vacant former rest home…
Acquisitions Onelife enters Chicago with seventh acquisition Family-owned developer and operator Onelife Senior Living entered the Chicago area with the acquisition of the former Springs…
Senior living rental rents have been climbing at roughly double their pre-pandemic pace, increasing by about 6% to 6.7% year-over-year, depending on care type. Yet,…
Partnerships USAA, A Place for Mom announce joint relationship A Place for Mom has announced a partnership to provide senior living advisory services to USAA,…
Senior Lifestyle CEO Jon DeLuca thinks that 2024 will not be the senior living industry’s year for new development. That said, he is not pessimistic…
This content is available as part of your SHN+ membership Third quarter earnings calls highlighted the pain to be inflicted by “higher for longer” interest…
Partnerships CLC-Capella partners with Green House Homes Christian Living Communities began a partnership with Green House Homes to provide management support on Nov. 1. Done…
A senior living investment company is expanding its reach with the announcement of a new, privately-traded real estate investment trust (REIT) that will create better…
The slow rate of new construction starts and looming demand from the baby boomers have led to “the most favorable supply demand fundamentals the industry…
Transactions JLL Capital Markets leads $28 million refinancing for Texas community JLL Capital Markets announced that on Oct. 25, it arranged a $28 million senior…
A buyer for the largest life plan community in Illinois has been identified and is awaiting court approval on Nov. 8. According to reporting from…
Higher interest rates and billions in debt maturities coming due will aid LTC Properties (NYSE: LTC) as the company’s leaders execute on a growth strategy…