After a two-year buying binge, industry giant Brookdale Senior Living is shifting gears with a $500 million program to expand existing facilities. The change comes at a crucial point for Chicago-based Brookdale (NYSE:BKD), which currently operates...
What's the best strategy: To own and operate, or to lease and operate? It's a question being revisited by seniors housing investors amid the current credit woes. A number of operators in the last year have opted to purchase the buildings they run...
On a buying spree, Emeritus Corp. agreed in mid-June to purchase 40 seniors housing properties for $482.5 million. Emeritus (AMEX:ESC) currently leases 32 of the buildings; the other eight properties are being leased by Summerville Senior Living...
Seniors housing is about to graduate to the next level. This fall, the Erickson School launches the first-of-its-kind master's degree program in aging services at the University of Maryland, Baltimore County (UMBC). The 15-month program is the...
In search of higher returns, Chartwell Seniors Housing continues its big push into the U.S. market. In April, the giant Ontario-based real estate investment trust (REIT) acquired a portfolio of 24 retirement communities, plus leasehold interests...
In an effort to boost revenues and create a pipeline of new residents, building owners are testing the tricky market of home care services. Take, for example, Silverado Senior Living, a for-profit owner and operator of buildings for the frail and...
Since its founding in 1991, the nonprofit National Investment Center for the Seniors Housing & Care Industry (NIC) has become a fount of market data to decision-makers in the senior housing industry. NIC provides historical trends data on the...
As the number of people age 60-69 surges, the seniors housing industry is changing to accommodate their needs, according to a new report by Marcus & Millichap. Private equity groups and tenants in common are competing for market share of...
The Burbank Gardens Retirement Hotel, built in the mid-1980s, is undergoing renovations, thanks to its new owner VinCal Senior Housing, LLC. The Newport Beach-based senior housing operator recently acquired the eight-story, 115,000 sq. ft...
With roots in the hotel business, Classic Residence by Hyatt continues to expand its seniors housing holdings as its new $150 million continuing care project near Denver gets under way...
