Andrew Christman
Reporter at Senior Housing News
Reporter for Community Impact in The Woodlands, covering local government, education and local businesses. Lover of tacos and movies.
Articles
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1 week ago |
seniorhousingnews.com | Andrew Christman
American Healthcare REIT (NYSE: AHR) is continuing to invest in its SHOP segment, with sights set on a $300 million pipeline of opportunities ahead. The Irvine, California-based real estate investment trust’s (REIT) holdings include 125 integrated senior campuses managed by Trilogy Health Services, which it fully acquired last year. The company also has 69 properties within its SHOP segment and 19 triple-net leased properties.
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1 week ago |
seniorhousingnews.com | Andrew Christman
Atlas Senior Living added a 93-unit assisted living and memory care property in Huntsville, Alabama to its portfolio. Following the acquisition, the community was renamed to The Goldton at Jones Farm, according to a press release. Alongside the transaction, the community is receiving technology updates through partnerships with Alexa and Speak2. Merrill Gardens announced it has expanded its footprint in Oregon with three new communities.
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1 week ago |
seniorhousingnews.com | Andrew Christman
Faith-based nonprofit Saint Therese is making progress on its goal of impacting 25,000 lives in the next decade with its second acquisition in the past six months. The St. Louis Park, Minnesota-based nonprofit on May 1 acquired The Belvedere of Heritage Retirement Communities of Westlake, Ohio, from Heritage Retirement Communities.
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1 week ago |
seniorhousingnews.com | Andrew Christman
Brookdale (NYSE: BKD) is taking a “SWAT-team approach”to help boost occupancy for low-performing communities as it searches for a new CEO. Currently, 83 communities in the Brentwood, Tennessee-based operator’s total 619-property footprint carry average weighted occupancy rates between 80% and 85%, according to a recent financial filing. Another 77 properties have average weighted occupancy rates between 75% and 80%, while 73 of the properties carry occupancy rates between 70% and 75%.
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1 week ago |
seniorhousingnews.com | Andrew Christman
National Health Investors (NYSE: NHI) has an accelerating deal pipeline at the ready as it continues to fine-tune results with its operating partners. Already this year the Murfreesboro, Tennessee-based company has invested $174.9 million, with a flurry of acquisitions since the start of the year. The company also is evaluating a pipeline of approximately $264 million, which includes deals to add communities to its senior housing operating portfolio (SHOP).
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