GAITHERSBURG, Md. — HH Venture, a limited Partnership led by MRK Partners and operated by a Maryland native, recently transformed the Hyatt House Hotel in Gaithersburg into a 140-unit seniors housing community.
SPRING, Texas — Capital Square 1031, a real estate investment and management firm, has acquired a newly completed, 10,000-square-foot memory care community in the Houston suburb of Spring. The price was not disclosed.
TUCSON, Ariz. — Columbia Pacific Advisors, through is bridge lending platform CPIF Lending, has provided a $6.2 million loan to Frontier Management.
Strong absorption isn’t enough to outrun the feverish pace of new seniors housing development, particularly in assisted living.
Residents are older and frailer, and providers are responding with a different kind of product. Here are four dramatic changes.
From butlers to spas to fine dining, operators put emphasis on service, but shouldn’t assume all customers want the same amenities.
With consumers wanting more ancillary services brought to their door, senior living providers are trying to figure out the best and most profitable way to make that happen.
Funds are reshaping the business of buying and building seniors housing.
Interior designers are creating environments that support a resident’s whole family and community.
From virtual reality that engages users to pill-dispensing robots, entrepreneurs seek to improve the lives of seniors and assist caregivers.