• Janus Living Goes Public After Upsizing IPO

    by | Mar 20, 2026 4:09 pm | Uncategorized

    Janus Living, a Healthpeak Properties-formed REIT and now the only publicly traded U.S. REIT fully dedicated to seniors housing with its entire portfolio structured under RIDEA, has launched its initial public offering of Class A-1 common stock. The company is now listed on the NYSE under the ticker “JAN.” It plans to pay a quarterly dividend of... Read More »

  • Partnership Acquires Two Long Island Communities

    by | Mar 20, 2026 3:11 pm | Acquisitions

    Two Long Island assisted living communities were sold by their original developer/operator. Village Green Senior Living in Levittown (opened in 2020) and Village Walk Senior Living (opened in 2018) in Patchogue were acquired by a partnership between Fundamental Advisors, Scribner Capital and Atria Senior Living. They will be renamed Atria... Read More »

  • Artemis Real Estate Partners Purchases Class-A Community

    by | Mar 20, 2026 3:02 pm | Acquisitions

    The developer of a Class-A seniors housing community in the Minneapolis, Minnesota MSA, has passed the torch to a new owner. Pillars of Lakeville, now known as The Crest at Lakeville, sits on 1.8 acres. Oppidan Investment Co., a company that developed multiple Pillars senior living properties in Minnesota, acquired the land from Crossroads... Read More »

  • Stand-Alone Memory Care Community Gets New Owner

    by | Mar 20, 2026 3:01 pm | Acquisitions

    1031 CF Properties, a leading DST investor, acquired a stand-alone memory care community in the Spokane, Washington MSA. Built in 2005 with expansions in 2007 and 2013, Generations Memory Care offers 48 private units with 28,472 square feet on 2.067 acres. The seller was an investment group based in northern California that purchased the asset in... Read More »

  • Not-for-Profit Closes First Public Bond Issue in 20+ Years

    by | Mar 20, 2026 3:00 pm | Financings

    Ziegler announced the closing of a $30.0 million tax-exempt fixed rate bond issue for Butterfield Trail Village, Inc. (BTV). The Series 2026 bonds were issued through The Fayetteville Public Facilities Board. BTV is a not-for-profit corporation founded by five local churches in 1981 to own and operate a continuing care retirement community on... Read More »
LCB Senior Living Leaves New England For First Time

LCB Senior Living Leaves New England For First Time

by | Jan 11, 2018 3:22 pm | Developments

LCB Senior Living is venturing outside of New England for the first time with the help of a construction loan arranged by Cushman & Wakefield. The property in question, located in Chadds Ford, Pennsylvania (Philadelphia/Wilmington MSA), will have 84 units of independent living, assisted living and memory care services, and will be the Massachusetts-based operator’s 15th seniors housing development and the first south of Connecticut. LCB, and its institutional joint venture partner, expects to complete the project in the second quarter of 2019. To finance the project, Rick Swartz, Jay Wagner, Aaron Rosenzweig, Jim Dooley and Caryn Donahue of Cushman & Wakefield arranged a $20.5... Read More »

New “household” SNF under construction in Connecticut

by | Feb 4, 2015 9:32 pm | Developments

A not-for-profit provider of long-term care in southern Connecticut, Jewish Senior Services (JSS) is planning on moving its 360-bed skilled nursing facility in Fairfield, Connecticut across the city line to Bridgeport where the company is building a new senior care campus, to be called Harry and Jeanette Weinberg Campus at Park Avenue. In Connecticut, you cannot move skilled nursing beds unless they are in the new “household” format, where you have groups of 14 private rooms in an area that all share a kitchen and other common areas (known also around the country as Green House Communities). Plus, the new SNFs can only have a maximum of 280 beds. So, in April 2014, JSS broke ground on a... Read More »