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Hayden Spiess

David-Schless
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‘It’s Hard Not to Be Optimistic’: A Keynote Interview with David Schless

by Hayden Spiess

By Hayden Spiess Despite the trials and tribulations that the senior living sector has endured during the past decade, David Schless, president and CEO of the American Seniors Housing Association (ASHA), is bullish on the near-term outlook for the industry.  “The COVID era was really as difficult as any period,” acknowledged Schless during a keynote interview at the ninth annual InterFace Seniors Housing Northeast conference on Dec. 4. The event drew more than 240 seniors housing professionals to the Live! Hotel Philadelphia. Nevertheless, Schless has abundantly positive expectations for the industry …

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Scott-Brinker
Company NewsFinanceNews

Healthpeak Properties Forms Seniors Housing REIT

by Hayden Spiess

DENVER — Healthcare real estate owner, operator and developer Healthpeak Properties (NYSE: DOC) has announced the formation and planned initial public offering (IPO) of a new seniors housing REIT, Janus Living. The publicly traded REIT will feature a RIDEA structure.  Healthpeak will contribute its 34-community, 10,422-unit seniors housing portfolio to Janus Living and serve as its external manager, with a $10 million annual management fee. Immediately following the IPO, Healthpeak plans to retain a substantial majority interest in the REIT, with public shareholders owning the remainder. Scott Brinker, president and CEO …

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Thunderbird-Senior-Living_Glendale-Ariz
AcquisitionsArizonaNews

JLL Brokers Sale of 345-Unit Community in Glendale, Arizona

by Hayden Spiess

GLENDALE, Ariz. — JLL Capital Markets has brokered the sale of Thunderbird Senior Living, a 345-unit seniors housing community located in Glendale.  Renovated in 2018, the property comprises 13 interconnected buildings totaling 285 independent living, 40 assisted living and 20 memory care units. Amenities at the community include an art room, beauty salon and barber shop, bistro, game room, heated outdoor pool, library, lounges, nature trails, sundecks and a theater.  Stellar Senior Living is the operator and will continue to manage the community on behalf of the new ownership. 

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NewsPeople

ASHA Announces Three Inductees into Senior Living Hall of Fame

by Hayden Spiess

WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced its 2026 Senior Living Hall of Fame Inductees.  The annual awards recognize individuals that have shown notable foresight and innovation within the industry. According to ASHA, inductees “are industry leaders with an unwavering commitment to community lifestyles that enhance choice, independence, dignity and personalized service.” The 2026 inductees include David Freshwater of Watermark Retirement Communities, Ed Kenny of LCS and Loren Shook of Silverado Senior Living.  These recipients will be inducted to the Senior Living Hall of Fame in January …

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New JerseyNewsPennsylvania

Viva Senior Living Assumes Management of Four Northeast Communities

by Hayden Spiess

NORWOOD, N.J. — Viva Senior Living has assumed management of four communities located in New Jersey and Pennsylvania.  The communities include Belle Reve Senior Living in Milford, Pennsylvania; Heritage Hill Senior Community in Weatherly, Pennsylvania; Cardinal Village in Sewell, New Jersey; and Viva Senior Living at Cross Keys in Glassboro, New Jersey.  Logos Living Capital, along with affiliates, acquired the properties and engaged Viva to serve as the operator.  New Jersey-based Viva’s management portfolio comprises 40 senior living communities across the East, Southeast and Midwest. 

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AcquisitionsMemory CareNewsSouth Carolina

SLIB Arranges Sale of 48-Unit Memory Care Community in South Carolina

by Hayden Spiess

LEXINGTON, S.C. — Senior Living Investment Brokerage has arranged the sale of Westminster Memory Care, a 48-unit memory care community located in Lexington, roughly 20 miles west of Columbia, the state capital.  Built in 2020, the community is situated on roughly 6.3 acres, with space for future expansion.  Trinity Investors sold the property to a Southeast-based owner and operator for an undisclosed price. Daniel Geraghty and Bradley Clousing of SLIB brokered the transaction on behalf of the seller. 

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Affordable HousingDevelopmentMassachusettsNews

2Life Breaks Ground on 150-Unit Affordable Seniors Housing Development Near Boston

by Hayden Spiess

LYNN, Mass. — 2Life Communities has broken ground on a new affordable seniors housing development in Lynn, roughly 13 miles northeast of downtown Boston.  Upon completion, the project, Solimine House, will total 150 apartments reserved for residents age 62 and older earning up to 60 percent of the area median income.  Completion of construction is scheduled for fall 2027. The project team includes architect MASS Design Group, general contractor Dellbrook|JKS, landscape and civil engineer Stantec, construction manager Tierney Development Services and law firm Klein Hornig LLP. Sources of funding for the …

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Traci Taylor-Roberts
Company NewsNewsPeople

Harmony Senior Services Names Traci Taylor-Roberts CEO

by Hayden Spiess

CHARLESTON, S.C. — Management company Harmony Senior Services has named Traci Taylor-Roberts the company’s new chief executive officer.  Taylor-Roberts brings more than 25 years of experience in senior living, home health care and hospice care to the role. Prior to joining Harmony, she served as president of Sodalis Senior Living.  “We are delighted to welcome Traci Taylor-Roberts as Harmony’s CEO,” said Hunter Smith, president and principal of Harmony, in a statement. “As a family-owned company, we seek leaders who embody compassion and a steadfast commitment to our core values.” Founded in …

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Affordable HousingDevelopmentGeorgiaNews

Lockwood Cos. Breaks Ground on Affordable Community in Southwest Georgia

by Hayden Spiess

ALBANY, Ga. — Lockwood Cos. has broken ground on a new affordable seniors housing community in Albany, a city in southwest Georgia.  Upon completion, Dogwood Trail Apartments II will feature 20 one-bedroom apartments and 20 two-bedroom apartments. Units will be reserved for residents age 55 and older earning at or below 30, 50, 60 and 70 percent of the area median income.  This project marks the second phase of a master planned redevelopment of the area.  Completion of construction is scheduled for winter 2027. 

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AcquisitionsAssisted LivingCaliforniaMemory CareNews

Sunny Hills Management Co. Acquires 168-Unit Property in Southern California

by Hayden Spiess

CARLSBAD, Calif. — Sunny Hills Management Co. has acquired Laguna Estates Senior Living, a 168-unit seniors housing property located in Carlsbad, an affluent coastal city in southern California. The seller and sales price were not disclosed.  Laguna Estates features a mix of assisted living and memory care units across four buildings. Amenities at the community include an activity room, salon, billiards room, fitness center, movie room, piano room, putting green and swimming pool.  Aaron Rosenzweig and Dan Baker of JLL Capital Markets arranged the sale on behalf of the seller. 

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