Spectrum Consultants Rebrands as Tandem Senior Living Advisors

GASTONIA, N.C. — After 43 years as a leading advisor to senior living communities, Gastonia-based Spectrum Consultants is rebranding as Tandem Senior Living Advisors. The new moniker is executive creative director David Caudle’s creation, meant to illustrate how the firm…

Boston Financial Closes $221M Affordable Housing Investment Fund

BOSTON — Boston Financial Investment Management has closed its Boston Financial Institutional Tax Credits 55 Limited Partnership (ITC 55), a $221 million Low Income Housing Tax Credit (LIHTC) fund. ITC 55 comprises 22 tax credit investments, with plans to finance…

Banko Design Acquires Warner Design Associates

MARIETTA, Ga., and SAN MATEO, Calif. — Banko Design has acquired Warner Design Associates (WDA), a senior-living focused interior design firm based in San Mateo. The studio will be renamed Warner Design Associates – A BD Studio. Over the past…

New Senior Investment Group Stockholders Approve Merger with Ventas

CHICAGO — Ventas Inc. (NYSE: VTR) and New Senior Investment Group Inc. (NYSE: SNR) have announced that New Senior stockholders have approved the previously announced merger agreement, under which Ventas will acquire New Senior as a subsidiary. Both companies are…

RealPage to Acquire G5 Search Marketing

RICHARDSON, Texas, and BEND, Ore. — RealPage Inc., a Richardson-based provider of software and data analytics to the real estate industry, has agreed to acquire G5 Search Marketing, Inc. (“G5”), a digital marketing, advertising and analytics provider. Both companies work…

Diversified Healthcare Trust Transitions 66 Communities to New Operators

NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has entered into three new management agreements for 66 of its seniors housing communities totaling 4,084 units. Charter Senior Living will manage communities in Florida, Maryland, Tennessee and Virginia; Oaks-CaraVita Senior Care…

Ventas to Acquire New Senior Investment Group in $2.3B Deal

CHICAGO AND NEW YORK CITY — Ventas Inc. (NYSE: VTR) has entered into a definitive merger agreement to acquire New Senior Investment Group (NYSE: SNR), a New York City-based owner of independent living communities across the country. The deal between…

Meridian Capital Group, Barings Launch NewPoint Real Estate Capital

PLANO, Texas — A partnership between Meridian Capital Group and Barings has launched NewPoint Real Estate Capital. The new company, based in Plano, will focus on multifamily finance options, including seniors housing. The company replaces Barings Multifamily Capital, which the…

Seniors Housing Advisor Spectrum Consultants Acquires Holleran Consulting

GASTONIA, N.C. — Spectrum Consultants, a Gastonia-based advisor to senior living communities, has acquired Holleran Consulting, a community engagement research and consulting firm specializing in resident and employee surveys for senior living. The goal of the acquisition is to diversify…