News
August 11, 2021, MultifamilyBiz.com - Civitas Capital Group, a Dallas-based global alternative investment manager offering niche opportunities in U.S. real estate, has acquired Territory at Greenhouse, a 288-unit, 13-building, garden-style luxury apartment complex in West…
August 10, 2021, Amy Stulick, Skilled Nursing News - Six U.S. senators have introduced the Nursing Home Improvement and Accountability Act of 2021, which…
August 10, 2021, Steve Monroe, The SeniorCare Investor - A few weeks ago, we wrote about the proposed recapitalization of Capital Senior Living. This will give effective control to the investor, Conversant Capital, and result in a lot of dilution to existing shareholders. The investment…
August 10, 2021, Ben Swett, The SeniorCare Investor - Immanuel Communities, a not-for-profit owner of senior living communities, is extending its reach in the Midwest market with its recent purchase of two communities in Iowa and Nebraska from another not-for-profit, Lifespace…
August 9, 2021, Amy Stulick, Skilled Nursing News - Georgia-based operators PruittHealth, Community Health Services of Georgia (CHSGa) and A.G. Rhodes on Monday announced all employees across the three companies will be required to get the COVID-19 vaccine as a term of employment.
Low…
July 30, 2021, Ben Swett, The SeniorCare Investor - Last month we reported on the sale of two senior living communities in South Carolina by Kandu Capital and its operating affiliate Bloom Senior Living. They did well on the sale, especially at the tail end of COVID,…
July 30, 2021, Ben Swett, The SeniorCare Investor - Welltower released its second-quarter earnings results, and its growth strategy was on full display with $1.5 billion in pro-rata gross investments from April to June, at an initial yield of 8.8%. That does not even include…
July 23, 2021, Steve Monroe, The SeniorCare Investor - If you believe that the worst of the pandemic is behind us, and that after all the distress of the past 15 months opportunity abounds, then you want to be an investor in seniors housing. That is just part of the thinking of the partners…
July 20, 2021, Ben Swett, The SeniorCare Investor - A few months ago, Diversified Healthcare Trust announced it would transition 108 of 228 senior living communities managed by Five Star Senior Living to new operators. It has now found three operators to take over…
July 19, 2021, Ben Swett, The SeniorCare Investor - Ravenswood Senior Living, a 193-unit affordable seniors housing development in Chicago's Ravenswood neighborhood, was recently completed by Evergreen Real Estate Group (Evergreen), Synergy Construction Group (Synergy)…