Author

Hayden Spiess

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FeaturesFrom The Magazine

Operators Ride the Wave of Aging in Place with Home Care

by Hayden Spiess

By Matt Valley Rising demand for home care and home healthcare in seniors housing is primarily driven by a rapidly aging population, with over 10,000 baby boomers turning 65 daily. According to the U.S. Census Bureau, the share of the population age 65 and older steadily increased from 12.4 percent in 2004 to 18 percent in 2024.  Moving up the age chart, the 80-plus population nationally is expected to climb from 14.7 million people in 2025 to 18.8 million in 2030 and 22.9 million in 2035, according to NIC MAP.  …

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Affordable HousingDevelopmentFloridaNews

Wendover Housing Partners Underway on 100-Unit Affordable Housing Community in Orlando

by Hayden Spiess

ORLANDO, Fla. — Wendover Housing Partners, in partnership with Hope Center West and the City of Orlando, is underway on the development of a new affordable seniors housing community near downtown Orlando.  Upon completion, Legacy Place will total 100 units.  DeAngelis Diamond is serving as the general contractor for the project. Goldman Sachs and Berkadia Commercial Mortgage have provided financing, and the project is backed by $610,000 from the City of Orlando. The City of Orlando is also providing incentives through the Orlando Unlocked initiative, which is designed to accelerate the …

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FinanceNews

BWE Arranges $77M Fannie Mae Financing for Midwest Community

by Hayden Spiess

CLEVELAND, Ohio — BWE has arranged $77 million in fixed-rate agency financing for a senior living community located in the Midwest. Fannie Mae provided the 10-year loan, which features full-term interest-only payments.  Located in a major metropolitan market, the property offers a full continuum of care, with independent living, assisted living and memory care units.  Ryan Stoll and Taylor Mokris of Ohio-based BWE secured the financing on behalf of the undisclosed borrower. 

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AcquisitionsColoradoNews

SLIB Arranges Sale of 540-Unit Portfolio in Colorado

by Hayden Spiess

FORT COLLINS, Colo. — Senior Living Investment Brokerage has arranged the sale of an eight-property seniors housing portfolio located in Colorado. SLIB brokered the sale on behalf of the Fort Collins-based seller, who also served as the portfolio’s operator.   Totaling 540 units, the communities are located in Fort Collins, Loveland and Windsor. Vince Viverito, Jason Punzel and Jeff Binder of SLIB represented the seller.  A Tennessee-based REIT acquired the properties for an undisclosed price. An Oregon-based operator will manage the portfolio on behalf of the new ownership. SLIB previously brokered the …

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AcquisitionsCompany NewsIowaNews

LCS Completes Previously Announced Acquisition of Vi

by Hayden Spiess

DES MOINE, Iowa — LCS has closed its merger agreement to acquire Vi. The acquisition, which was originally announced in September 2025, creates a combined company with a portfolio of roughly 130 communities managed across 29 states.  “Today marks an incredible milestone as we officially move forward as one company, united by a shared purpose: to create exceptional senior living experiences at each of our communities,” says Chris Bird, CEO of LCS. “With regulatory approvals complete, we are excited to officially welcome Vi employees and residents.” LCS ranked as the third-largest seniors housing …

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FeaturesFrom The MagazineTechnology

Senior Living Tech Blazes New Trails

by Hayden Spiess

By Hayden Spiess Baby boomers, who form the incoming wave of seniors housing residents, have witnessed remarkable — some might say dizzying — technological leaps in their lifetimes. Born between 1946 and 1964, baby boomers have begun to turn 80 this year. The oldest among the generation were born even before the microwave had been brought into existence (in 1947).  Now, fewer than 100 years later, innovations have enabled everything from artificial intelligence (AI) capable of carrying on conversations to self-driving cars.  Senior living specifically has seen its own surge …

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Affordable HousingDevelopmentFloridaNews

McDowell Housing Partners, Miami Jewish Health Open $139M Affordable Community Near Miami

by Hayden Spiess

PEMBROKE PINES, Fla. — McDowell Housing Partners and Miami Jewish Health have completed the development of Douglas Gardens Senior Health and Living, a new affordable seniors housing community located in Pembroke Pines, roughly 25 miles northwest of Miami.  Now open, the community totals 410 units reserved for residents age 55 and older earning 30, 60 and 100 percent of the area median income. Amenities at the community include a pond with walking paths, theater room, business center and multiple indoor and outdoor gathering spaces.  Development costs for the project totaled $139 …

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AcquisitionsAssisted LivingFloridaMemory CareNews

Continuum Brokers Sale of 84-Unit Community in Northeast Florida

by Hayden Spiess

JACKSONVILLE BEACH, Fla. — Continuum Advisors has brokered the sale of Beach House Senior Living, an assisted living and memory care community located on a barrier island in Jacksonville Beach, roughly 20 miles east of Jacksonville.  Built in 2014, the property totals 84 units, with 64 assisted living and 20 memory care units.  An institutional joint-venture ownership group was the buyer. An entity doing business as Auerbach Opportunity Fund IV LP is the majority stakeholder of the buyer group. 

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AcquisitionsAssisted LivingNewsOhio

1019 Senior Living Acquires 90-Unit Assisted Living Property in Ohio

by Hayden Spiess

DAYTON, Ohio — 1019 Senior Living has acquired The Cottages of Clayton, an assisted living property located in Dayton.  The community, which will continue to operate under the same name, totals 90 units. “We’re honored to welcome The Cottages of Clayton,” says Heather Kesler, CEO of 1019 Senior Living. “There’s something special already happening here. Our role is to support that, invest in it and continue creating an environment where residents and team members feel seen, supported and valued.”

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AcquisitionsMassachusettsNews

SLIB Brokers Sale of 60-Bed Community in Worcester, Massachusetts

by Hayden Spiess

WORCESTER, Mass. — Senior Living Investment Brokerage (SLIB) has brokered the sale of Donna Kay Rest Home, a 31-unit, 60-bed community in Worcester.  As a rest home, the property offers a level of care that is higher than assisted living but below that of skilled nursing. Built in 1970, the community was 99.3 percent occupied at the time of sale.  Toby Siefert and Patrick Burke of SLIB arranged the transaction. 

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