ST. LOUIS — Green Street Real Estate Ventures is joining forces with Danny Stricker on the launch of owner-operator Chapters Living. The company will focus on assisted living and memory care communities at the start, with plans to expand to…
WILMINGTON, Del. — American Eagle Delaware Holding Co. LLC and its subsidiaries, collectively known as Eagle Senior Living, have completed a comprehensive financial reorganization and exited the Chapter 11 bankruptcy process. The company has implemented its plan of reorganization, approved…
HACKENSACK, N. J., and SCOTTSDALE, Ariz. — Executive Home Care, a Hackensack-based in-home care provider with a wide range of service options and care programs, has acquired the Assisted Living Locators brand and franchise system. Assisted Living Locators is a…
DENVER — iN2L + LifeLoop, a Denver-based senior living engagement, wellness and community operations platform, has named Navin Gupta as chief executive officer. Gupta will focus on furthering the combined organization’s mission to impact the aging experience in North America…
WASHINGTON, D.C. — NewPoint Real Estate Capital, a Washington-based lender, has expanded its financing offerings to include seniors housing agency loans. The expansion comes as NewPoint has been designatnated as an approved Fannie Mae seniors housing lender and Freddie Mac…
DENVER — Endeavor Senior Living has officially launched, with plans to invest $500 million into North American seniors housing assets with a focus on value-add opportunities. The principals of Endeavor encompass over 50 years of experience in seniors housing, behavioral…
EAGLE, Idaho and SAN DIEGO — The Pennant Group Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, has acquired the assets of Ardent Hospice and Palliative Care.…
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm focused on seniors housing and other healthcare real estate, has launched a behavioral health advisory group. Industry veteran Andrew Sfreddo will serve as head of behavioral healthcare, and fellow…
CHARLESTON, W.V. — Lument Securities has advised Stonerise Healthcare, a skilled nursing and transitional care provider based in Charleston, on the company’s sale. The buyer was a group consisting of a New York-based real estate investment firm and its operating…
COSTA MESA, Calif. — Ziegler has advised CareConnectMD (CCMD), a Costa Mesa-based provider of primary care coordination services tailored to meet the needs of complex Medicare participants, on its $25 million financing round led by Minneapolis-based TT Capital Partners (TTCP).…
Unitranche loan programs blend senior and junior debt pricing and terms into a single, first lien debt facility — a single financing that replaces the multitranche debt approach. The unitranche arrangement provides the benefits of a fully levered mezzanine debt…
SAN CLEMENTE, Calif. — Greg Stapley has resigned as the executive chair of the CareTrust REIT (NYSE: CTRE) board of directors. Diana Laing was promoted from lead independent director to replace Stapley’s position with the San Clemente-based seniors housing REIT.…
CINCINNATTI — Omnicare, a CVS Health company based in Cincinnati that provides pharmacy services for seniors housing communities, has appointed Ahmed Hassan as its president. Previously, Hassan served as the vice president and general manager of PBM Care Management, overseeing…
NEW YORK CITY — Greystone, a New York-based national real estate finance company that serves the seniors housing industry, has appointed Hafize Gaye Erkan as its chief executive officer (CEO). Erkan’s executive responsibilities will commence in September 2022. She will…
NEWTON, Mass. — AlerisLife Inc. (NASDAQ: ALR), a Newton-based operator, has appointed Jeff Leer as president and chief executive officer. Leer was already serving in both roles on an interim basis. He will also continue to serve as chief financial…
MCLEAN, Va. — Sunrise Senior Living, a McLean-based operator, has appointed Jeff Kuster to its board of directors. Julie Dobson, who has served on Sunrise’s board since 2018, was also named chair. She succeeds Jeff Lozon, who is retiring and…
NEWTON, Mass. — VoiceFriend, a Newton-based, HIPAA-compliant, cloud-based communication platform for senior care organizations, has acquired Caremerge’s family and resident engagement business. The combined company will be known as Icon and will couple VoiceFriend’s communication technology capabilities with Caremerge’s engagement…
EAGLE, Idaho — The Pennant Group Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, has appointed Brent Guerisoli, current president of Pennant, to succeed Daniel Walker as Chief Executive. Walker…
MIAMI — Drive Development Partners, a boutique development advisory and construction management firm, has merged with Lloyd Jones, a real estate investment firm. Both companies are headquartered in Miami. Drive, which specializes in senior living and multifamily developments, matches Lloyd…
ALEXANDRIA, Va. — Goodwin House Inc., a nonprofit, faith-based senior living and healthcare services organization based in Alexandria, is rebranding as Goodwin Living. The new brand name better reflects the organization’s mission and a significant increase in its support of…
ALBANY, Ore. — Greatness Digital, a marketing agency located in Albany, has announced the official pivot toward the senior care and senior living industries. “The approach that we take requires us to really get to know our clients and their…
FORT LAUDERDALE, Fla. — CarePredict, a Fort Lauderdale-based digital health company focused on senior living, has added Chris Winkle to its board of directors. Winkle most recently led Sunrise Senior Living for over seven years as its CEO and COO.…
BELLEVUE, Wash. — Three Puget Sound-based nonprofits have come together to create CIRC, a new brand that provides affordable housing and services to seniors and families. Sustainable Housing for Ageless Generations (SHAG), the Community Life Foundation (CLF) and Downtown Action…
ROCKWALL, Texas — Ridgeline Management Co. has moved its home office from West Linn, Oregon, to Rockwall, Texas. Ridgeline expects this move to allow them to better serve their expanding portfolio, especially in Texas. “Transitioning our home office is just…
IRVINE, Calif. — American Healthcare REIT Inc., a self-managed, publicly registered REIT based in Irvine, has appointed Stephanie Keator as senior vice president of asset management medical office and James Kim as senior vice president of tax. In her new…
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) and Sienna Senior Living (TSX: SIA) have completed their joint-venture acquisition of 11 seniors housing communities in Canada. The properties are located in the provinces of Ontario and Saskatchewan. The buyers…
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has expanded its strategic partnership with Oakmont Management Group, a West Coast operator of Class A seniors housing communities. Welltower agreed to purchase seven senior living communities, subject to customary closing conditions, which…