• Newmark Closes Class-A Deal in Denver

    by | Apr 24, 2024 8:44 am | Acquisitions

    A new seniors housing community traded in the Denver, Colorado MSA, with the help of the team at Newmark. Developed in 2017, MorningStar at RidgeGate is located in the suburb of Lone Tree within the Ridgegate master plan that features retail, cultural amenities and a 284-bed hospital nearby. The property comprises five stories over subterranean... Read More »

  • Public REIT Purchases Texas Class-A Seniors Housing

    by | Apr 23, 2024 3:56 pm | Acquisitions

    Blueprint was engaged in the divestment of a Class-A seniors housing community in San Antonio, Texas. Built in two phases in 2011 and 2017, Franklin Park TPC Parkway comprises 269 independent living, assisted living and memory care units. Following the completion of a six-year freeway expansion project that affected leasing, access to the... Read More »

  • Eads Sells Its 24th & 25th Missouri Community

    by | Apr 23, 2024 3:54 pm | Acquisitions

    Patrick Byrne of Eads Investment Brokerage facilitated the divestment of two seniors housing communities in Missouri. This marks the 24th and 25th communities sold in Missouri for Eads. The Moberly community (which we believe to be Mark Twain Assisted Living) comprises 35 assisted living/independent living units and sold for $2.57 million, or... Read More »

  • 60 Seconds with Swett: CMS Raises the Minimum Staffing Mandate

    by | Apr 23, 2024 3:48 pm | 60 Seconds

    On Monday, CMS came out with its final minimum staffing standards for nursing homes, but the eventual outcome is anything but final. Despite the outcry from nursing home providers from the previous proposed mandate of three hours per resident per day, asking simple questions like how can we pay for this and where will this newly needed staff come... Read More »

  • More Shareholder Activism

    by | Apr 22, 2024 9:04 am | Opinion

    Fresh from its success in getting two people voted onto the Ventas Board of Directors, Land & Buildings is at it again, this time with National Health Investors. Like all the REITs, NHI’s managers and tenants had their share of problems during the pandemic. Who didn’t? Most of these issues are behind it, but the REIT could be in even stronger... Read More »
Autumn Senior Living Springs Forward With Three New Projects

Autumn Senior Living Springs Forward With Three New Projects

by | Feb 17, 2017 8:31 am | Developments

Autumn Senior Living is investing around $100 million in the Tampa Bay MSA to build three more senior living communities, two of which will feature its “I-Lite” product. A form of aging-in-place, I-Lite was created to provide assisted living services to residents as their care levels progress, without moving them. Including this service will be Atrium at Autumn, an I-Lite expansion of the company’s current stand-alone memory care community in Sarasota that was designed in cooperation with the USF Health Byrd Alzheimer’s Institute, a leader in dementia research. The community, which will cost approximately $38 million to develop, will offer four different floor plans to residents: a... Read More »

Bright Oaks Group investing big in Chicagoland and Florida

by | Aug 28, 2014 4:05 pm | Developments

Bright Oaks Group plans to develop 20 assisted living communities in suburban Chicago and elsewhere in the Upper Midwest, along with 20 communities in Florida and elsewhere in the Southeast. Four new developments already under construction in Illinois and an additional five in Florida represent about $200 million of the $500 million that Bright Oaks plans to invest in new assisted living projects over the next several years. The company’s first project, Bright Oaks of Aurora (IL), will offer 36 assisted living and 24 memory-care units when it opens in winter 2015. Bright Oaks, a privately held development company founded in 2013, is collaborating with Ecumen and Autumn Senior Living on... Read More »