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Watercrest Partners with Swedish Investor on $500 Million Senior Housing Pipeline

A Swedish investment firm looking to get into the senior housing space recently finalized a $500 million joint venture with an American senior living developer and operator. Vero Beach, Fla.-based Watercrest Senior Living Group is partnering with Index International AB, headquartered in Stockholm, to co-develop senior living communities in the U.S., starting with a community… Read More »

Senior Housing Acquisitions: Aviv REIT, NHI, Capital Senior Living & More

Capital Senior Living Buys Assisted Living Community from Pulliam Capital Senior Living has purchased assisted living and memory care community Dillon Pointe in Spartanburg, South Carolina, from Pulliam Investment Company. The sale was arranged by Cassidy Turley Executive Managing Director Allen McMurtry. The property was purchased by a Capital Senior Living Affiliate. It was built… Read More »

10 Questions For: Zeke Turner, Mainstreet CEO

10 Questions For: Zeke Turner, Mainstreet CEO

What do you get when you drive through the night to knock on Warren Buffet’s door? Paul Ezekiel “Zeke” Turner, Chairman and CEO of Carmel, Indiana-based senior living developer Mainstreet tells us what he found when he decided to drop in on the legendary billionaire. In the launch of SHN’s new interview series Turner sheds light… Read More »

Send Us Your Senior Housing Predictions for 2014

How is the senior living sector shaping up this year? We’re seeking input from our readers as to where they see the industry headed in 2014.  The past year brought a slew of acquisitions both large and small. Financing loosened somewhat, but not to pre-recession levels, and construction began to thaw post-housing crisis. What do… Read More »

Sex and the Senior Living Community: N.Y. Times

With a documented, “rapid” increase in sexually transmitted diseases (STDs) among older Americans, there’s cause for concern about unsafe sex practices happening in retirement communities around the country, says a recent New York Times opinion piece.  Both chlamydia infections and syphilis diagnoses rose substantially among seniors aged 65 and older between 2007 and 2011, according… Read More »

Texas Senior Housing Newcomer Avanti Plans 7 New Communities for 2014

Senior housing newcomer Avanti Senior Living entered the market last fall with the announcement it would be breaking ground on two new high-end properties in Texas: Avanti at Towne Lake-Cypress and Avanti at Vision Park in The Woodlands/Shenandoah, both just north of Houston. As both developer and operator-to-be of the new communities, Avanti’s development team says it… Read More »

Titan Development, LCS Partner for 10-Site Senior Living Pipeline

A partnership between Titan Development’s senior living arm and LCS has 10 senior living projects lined up in three states, with an estimated $266 million price tag.  Those projects will break ground in stages, says Titan Senior Living president David Dronet, with a new community expected to break ground roughly each quarter.  Five of the… Read More »

Medicare Cuts Stalled Growth of CCRC, Senior Care Spending to $151 Billion

Healthcare spending for freestanding skilled nursing facilities and continuing care retirement communities increased slightly to $151 billion in 2012, representing a deceleration in spending growth from the previous year, according to the Centers for Medicare & Medicaid Services (CMS).  In 2012, spending in these two senior care sectors increased 1.6%, compared to a 4.3% growth… Read More »

Most Popular Senior Housing News of the Week: Top 10 Trends in 2014

In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week: Five Coolest Senior Care Tech Unveiled at CES 2014—SHN took a look at the senior care tech making waves at this year’s Consumer Electronics Show. From home-based care to wearable devices, we tallied our top five.… Read More »