BIRMINGHAM, Ala. — Atlas Senior Living, a Birmingham-based owner-operator, has promoted Abbey Reach to director of compliance. Reach was formerly an executive director at one of Atlas’ properties.
DALLAS — In a move to get its financial house in order, Capital Senior Living Corp. (NYSE: CSU) has announced that Brett Lee, the company’s chief operating officer, is no longer with the company. Meanwhile, the company hired Michael Fryar to the newly created role of chief revenue officer.
FREDERICKSBURG, Texas — Bridgeview Realty Capital, in collaboration with ACRON USA, Tulsa OK and First Capital Bank of Texas, has completed construction of a seniors housing community in Fredericksburg, located west of Austin and north of San Antonio.
RALEIGH, N.C. — K4Connect, a software company serving the seniors housing sector, has appointed Keith Stewart as the company’s chief growth officer. The company also expanded the duties of Derek Holt, the company’s president, to include the role of chief operating officer.
By welcoming the surrounding community, operators can offer a better amenity package at great value. By Lisa Stover, Presto Real Estate Services With the rapid increase in the number of senior housing communities opening nationwide, it is imperative to find a point of difference that will attract residents to your buildings. Unique in-house offerings are one way to look at creating a point of difference. But another, arguably more effective, way is to build a strong sense of community by connecting with the larger local community outside the walls of …
MAYFIELD HEIGHTS, Ohio — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of a seniors housing community in Mayfield Heights, approximately 12 miles east of downtown Cleveland.
WALTHAM, Mass. — Benchmark, a Waltham-based operator of 58 communities in the Northeast, has hired Heather Frahm for the newly created role of chief marketing officer (CMO).
OMAHA, Neb. — CBRE has arranged $11.9 million in financing for Esprit Whispering Ridge, a 91-unit assisted living and memory care community in Omaha.
MOUNT VERNON, Ill. — Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of Greentree at Mount Vernon, a 112-unit assisted living and memory care community.
RACINE, Wis. — Evergreen Real Estate Group has completed a $2 million renovation of Durand Plaza, a 72-unit affordable seniors housing community in Racine, approximately 25 miles south of Milwaukee.