Per-unit price in senior living increases to $175,600 in second quarter
By
Lois A. Bowers
Aug 30, 2018
Seniors housing properties continue to draw healthy bids, with buyers paying relatively high prices over the past couple of years, according to the National Investment Center for Seniors Housing & Care.
People in the news, Jan. 22
Jan 22, 2019
Appointments at Erickson Living, Prorize and Remedi SeniorCare.
Elevation enters Indiana, sets records with acquisition
By
Lois A. Bowers
Jan 14, 2020
Elevation Real Property Fund VII’s purchase of a 496-unit affordable senior living community in Indiana for $20 million marks the largest property acquisition in company history — in both unit count...
Adults 80+ have higher median reported losses from fraud than other age groups — by far
By
Lois A. Bowers
Oct 24, 2019
Adults aged 80 or more years have reported to the Federal Trade Commission median losses of $1,800 per person due to fraud so far this year, according to new data released Wednesday along with a report...
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.
Median loss to fraud higher for adults in their 80s than for any other age group: FTC
By
Lois A. Bowers
Nov 01, 2021
Adults 80 or older who made fraud reports to the Federal Trade Commission’s Consumer Sentinel Network, or who had reports made on their behalf, lost a median of $1,300 to fraud in 2020, according to...
Brookdale sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Brookdale suitor reportedly defaults on $174 million in debts
By
Lois A. Bowers
Apr 26, 2018
A Chinese developer said to have been involved in negotiations to buy Brookdale Senior Living last year reportedly has defaulted on more than $174 million in debt.
People in the news, Feb. 18
Feb 18, 2020
Promotions, appointments and other news at Cypress Cove at HealthPark Florida, HC-One, Integral Senior Living, Ivy Marketing Group, Mather, Prime Care Technologies, Sagewood, Solstice Senior Living, United...
Merrill Gardens to buy 26 communities from New Senior in JV with ReNew REIT
By
Lois A. Bowers
Nov 13, 2019
Merrill Gardens has entered into a joint venture with an affiliate of ReNew REIT to purchase more than two dozen assisted living and memory care communities from New Senior Investment Group.