• Newmark Closes Class-A Deal in Denver

    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

    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

    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

    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

    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 »

Where’s the beef?

There’s a lot of talk of hot, new technologies in the senior care industries that are poised to revolutionize delivery of care and drastically improve the lives of residents. But which of these innovations will be a flash in the pan, and which will show results? One serious issue that many seniors in assisted living face is the loss of strength and balance from a relatively sedentary life. One company, HUR, has developed computerized SmartCard exercise machines to help combat that loss of strength. Studies have shown that progressive resistance and balance training can significantly reduce the number of falls, and by increasing resistance by quarter-pound increments, the HUR machines make... Read More »

PinPoint spins off to focus on seniors housing

PinPoint Commercial, a national boutique development partnership that has created over $600M in industrial, medical, retail and senior housing assets, is creating a new company, PinPoint Senior Living (PSL), to focus on the development of new senior living communities. We have written before of Pinpoint Commercial’s “Legacy” brand of seniors housing (see: Assisted Living technology at its best), and the company has so far developed eight properties in Texas, New Mexico, Georgia, Louisiana and Florida. This July, Legacy at Highwoods Preserve in Tampa, Florida is set to open, with 60 assisted living units and 22 memory care units, to be operated by Thrive Senior Living. But with this new... Read More »