senior housing


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Ventas slashes rents 45% on senior housing operator

Ventas slashes rents 45% on senior housing operator

Senior housing and medical office REIT Ventas has renegotiated leases for a firm that operates 121 of its senior...

Ventas slashes rents 45% on senior housing operator
Investors are still bullish on senior housing, despite headline struggles in nursing care facilities throughout the pandemic. (Getty)

“It’s a need, not a want” for many residents: Investors eye long-term gains in senior housing

The Orbach Group — a real estate firm better known for flipping rent-stabilized apartments before Albany’s rent law overhaul last summer — recently nabbed...

“It’s a need, not a want” for many residents: Investors eye long-term gains in senior housing
(Credit: Pixabay)

REIT declines outpace stock market amid shutdowns nationwide

Another barrage of bad news on the coronavirus front led to another rough week for the markets, with the...

REIT declines outpace stock market amid shutdowns nationwide
(Credit: iStock)

Coronavirus guidance scarce for senior housing

Senior housing developments across the nation are bracing for the coronavirus pandemic. Many seniors rent apartments in developments with...

Coronavirus guidance scarce for senior housing
A chaotic week for stock markets has impacted REITs in some sectors far more than others. (Credit: background by JOHANNES EISELE/AFP via Getty Images; iStock)

Real estate stocks split into winners and losers after hectic week

Following a brutal week that saw trading on the New York Stock Exchange halted twice while the Dow Jones...

Real estate stocks split into winners and losers after hectic week
16851 S. Harlem Ave. (Credit: iStock)

Tinley Park senior housing complex sells for $29M amid surge in inventory

UPDATED, Jan. 30, 11:48 a.m.: A real estate investment company that focuses on multifamily properties acquired a 150-unit senior...

Tinley Park senior housing complex sells for $29M amid surge in inventory
The Clare at 55 E. Pearson St. and LCS CEO Joel Nelson (Credit: Google Maps)

Near North Side luxury senior living tower trades for $105M

One of the biggest senior living operators in the U.S. acquired a 248-unit luxury high-rise in the Near North...

Near North Side luxury senior living tower trades for $105M
The Ryan Companies proposal at 4720 West Irving Park Road with Alderman-elect James Gardiner (top) and Alderman John Arena (bottom)

Chicago Cheat Sheet: New alderman mulls fate of senior housing project…& more

New alderman still considering plans for senior housing project New Northwest Side Alderman Jim Gardiner (45th) said he’s still...

Chicago Cheat Sheet: New alderman mulls fate of senior housing project…& more
Invesque CEO Scott White and California Gardens Nursing & Rehabilitation Center

Canadian REIT extends reach into Chicago senior care with Little Village acquisition

A Vancouver-based REIT specializing in health care properties added a Little Village senior care facility to its roster of...

Canadian REIT extends reach into Chicago senior care with Little Village acquisition
Tabitha Ponte and a proposed Vertical Medical City in Orlando (Credit: Lake Nona Regional Chamber of Commerce; renderings by Prism Renderings via Ponte Health Properties)

Florida developer plans South Loop high-rise with assisted living, medical offices

Ponte Health is proposing a South Loop high-rise featuring assisted-living and medical offices in a pitch to seniors who...

Florida developer plans South Loop high-rise with assisted living, medical offices
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