Top Story
By Jane Adler, Contributing Writer
 As head of the largest assisted living company in the nation, Granger Cobb, president and CEO of Emeritus Corp., has unprecedented visibility into the market.
Cobb predicts occupancy and rental rate improvements on the horizon and sees a bright future overall for the sector, given the broader demographic trends.
NREI spoke with Cobb about where the assisted living market is headed and whether Emeritus, which has 485 communities, plans further expansion.
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Analysis & Trends
By Jane Adler, Contributing Writer
 Traditionally considered among the most active seniors housing markets, Chicago’s assisted and independent living properties are showing signs of improvement as the local economy slowly recovers and developers make plans for new projects.
The Chicago area is the largest seniors housing market in the Midwest and the third largest nationwide. There are 35,000 units of seniors housing in the six-county Chicago area. In the top 100 metro areas nationwide there are a total of about 773,000 units of seniors housing, defined as assisted and independent living properties.
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Roundup
Staff Reports
Ziegler, a specialty investment bank, closed two financings for a combined $180 million on seniors housing facilities in recent weeks.
Other names in the news include Berkadia Commercial Mortgage LLC, Continuing Life Communities LLC and LTC Properties Inc.
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