ANNAPOLIS, Md. — Some of the largest REITs and lenders in the seniors housing space have announced support for a new initiative to track actual rents in seniors housing communities, a project spearheaded by the National Investment Center for Seniors Housing & Care (NIC).
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Pace of Seniors Housing Development to Hold Steady in 2016, Says Lancaster Pollard Survey
by Jeff Shaw
COLUMBUS, Ohio — A clear majority of seniors housing executives plan to start new construction projects in 2016, although they are slightly less ambitious than they were a year ago, according to an online survey of 295 executives by Columbus-based lender Lancaster Pollard.
ITHACA, N.Y. — The Kendal Corp. has opened the first phase of the repositioning and expansion of Kendal at Ithaca, a full-service seniors housing community located on a 105-acre campus in Ithaca. The opening marks the completion of a $30 million expansion, which began in 2012.