Healthy returns, favorable demographics lead a rush of investors and lenders into the seniors housing space.
HUD 232 lenders work through financing backlog, but projections vary on total loan production for FY 2019.
Oakmont Senior Living finds success — and a 97 percent occupancy rate — with a forward-thinking approach.
What are some potential disruptive changes the seniors housing industry needs to stay ahead of?
As industry experts brace for a potential economic downturn in the next two years, many capital providers see a safe investment in senior living.
MONTREAL — Ventas (NYSE: VTR) has agreed to acquire an 85 percent stake in Le Groupe Maurice (LGM), a Montreal-based developer, owner and operator. Although the price was not disclosed, Ventas valued the company’s 31-property portfolio at $1.8 billion (CA$2.4 billion).
ALPHARETTA, Ga. — Holbrook, an active adult developer based in the Atlanta suburb of Alpharetta, has unveiled its plans for $1 billion in seniors housing development in the Southeastern United States.
SPOKANE VALLEY, Wash., and EAGLE, Idaho — The Wolff Company, an Arizona-based private equity firm and multifamily developer, has completed construction or Revel Spokane in Spokane Valley and Revel Eagle in Eagle.
MELBOURNE, Fla. — Dominium, a Minneapolis-based apartment owner, developer and manager, will hold a grand re-opening on June 4 for Crane Creek, a seniors housing community in Melbourne.
SEATTLE — Integral Senior Living has named Pam Dill as executive director of Maple Leaf Assisted Living and Memory Care in Seattle. The company also named Dill as its 2019 Executive Director of The Year.