Communities

Senior Housing Properties Trust to Realize $308 Million Gain on Sale of Properties

NEWTON, MA–Senior Housing Properties Trust (Nasdaq: SNH) today announced that it expects to report a gain of approximately $308 million on the sale of four senior living communities. The four communities to be sold are all currently leased to Sunrise…

Welltower Announces Strategic Joint Venture Partner For Sunrise E. 56th Street And Collaboration With Simon

TOLEDO, OH–A message from Tom DeRosa, CEO, Welltower Inc. (NYSE: HCN): “In 2017, Welltower took major strides in optimizing its industry leading health care real estate platform. Welltower is committed to leading innovation in health care delivery by bringing together efficient capital…

The Avamere Family of Companies Recognized as One of Oregon’s Most Admired Companies

Portland, OR–The Avamere Family of Companies is recognized as one of Oregon’s most admired companies in the health care category from a survey of nearly 4,800 chief executive officers across Oregon and southwest Washington. Business leaders from Avamere received the…

National Asset Services Adds Ohio Multifamily Property to Nationwide Commercial Real Estate Management Portfolio

COLUMBUS, OH–National Asset Services, (NAS) a leading commercial real estate management company, has expanded its nationwide property management portfolio with the addition of a multifamily community near Columbus, Ohio. NAS has assumed asset management of The Preserve at Winchester Crossing in Groveport,…

Atria Management Announces Completion of Growth-Focused Capital Raise with Fremont Group and Ventas

LOUISVILLE, KY–Senior executives for Atria Senior Living have raised growth capital by selling 50 percent of their ownership interest in Atria’s business to Fremont Realty Capital, the real estate private equity business unit of the Fremont Group, the investment office of the…

The Legacy Willow Bend Recognized As Top Performing Community By U.S. News & World Report

PLANO, Texas–The Legacy Willow Bend, Plano’s only life care retirement community, has received  recognition from U.S. News & World Report as “Top Performing” in its Best Nursing Homes category. Only 15 percent of the senior living communities ranked across the country received…

Ventas to Support Atria Senior Living’s Growth-Focused Capital Raise

CHICAGO–Ventas, Inc. (NYSE: VTR) today announced the completion of a series of transactions with Atria Senior Living (“Atria”), one of its leading senior housing operating partners, under which Atria’s management team has raised growth capital by selling 50 percent of…

Children Of Barclay Friends Assisted Living Fatal Fire Victim Seek Answers And Justice For Their Mother Killed In November Inferno

PHILADELPHIA–Theresa Malloy, 85, lived in Barclay Friends assisted living, West Chester, PA, for only four weeks before she was killed in the roaring multi-alarm fire that leveled the complex. Today her three children joined attorney Robert J. Mongeluzzi at a news conference to remember Theresa,…

Ziegler Closes $17.63 Million Valley Vista Care Corporation Financing

CHICAGO–Ziegler, a specialty investment bank and one of the nation’s leading underwriters of financing for not-for-profit senior living providers, has announced the successful closing of the $17,630,000 Series 2017A&B financing for Valley Vista Care Corporation, a long-standing Ziegler client. Valley…

The Wolff Company Announces Innovative Plans for New Spokane Senior Living Community

SCOTTSDALE, AZ–The Wolff Company has  announced construction is under way on Revel Spokane, a new independent living apartment community in Spokane Valley, WA. The development is expected to open in 2018 and will continue to broaden their portfolio of market-leading…