Welltower Buys Seven West Coast Communities for $344M

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…

CareTrust REIT Elects Careina Williams, Anne Olson as Directors

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a San Clemente-based seniors housing REIT, has elected Careina Williams and Anne Olson to the company’s board of directors. The company also re-elected Gregory Stapley, executive chairman; Diana Laing, lead independent…

Cambridge Realty Capital Founder, CEO Jeff Davis Passes Away

CHICAGO — Jeffrey Davis, the founder and CEO of Chicago-based seniors housing capital markets firm Cambridge Realty Capital, has passed away. He was 69 years old. While the company said the death was sudden, details were not disclosed. Davis’ passion…

Company Profile: On a Mission to Transform Aging

United Church Homes grows to be one of the largest nonprofit providers while keeping true to its century-old roots in compassionate care. By Jeff Shaw At 106 years of age, United Church Homes (UCH) is still trying to operate by…

Seniors Housing Tech Firm Merger: iN2L Acquires LifeLoop

DENVER and OMAHA, Neb. — iN2L, a Denver-based digital engagement company serving the senior living market, has acquired LifeLoop, an Omaha-based resident engagement platform that encourages communication between residents, staff and family members. The buyer hopes LifeLoop’s suite of communication,…

EmpowerMe Wellness Names Dr. Jody Mitchell as Chief Medical Officer

ST. LOUIS — EmpowerMe Wellness, an integrated healthcare provider serving more than 450 senior living communities nationwide, has named Dr. Jody Mitchell as chief medical officer. Based at EmpowerMe’s headquarters in St. Louis, Mitchell will oversee and manage clinical practices,…

Sonida Senior Living Names Kevin Detz as Chief Financial Officer

DALLAS — Sonida Senior Living Corp. (NYSE: SNDA), a Dallas-based owner-operator, has appointed Kevin Detz as chief financial officer. Detz joins Sonida from Aimbridge Hospitality, a third-party hotel management company. Over eight years at Aimbridge Hospitality, Detz served in multiple…

EmpowerMe Wellness Acquires Statewide Therapy Provider in Florida

ST. LOUIS and TAMPA — EmpowerMe Wellness, a St. Louis-based integrated healthcare provider serving senior living communities nationwide, has acquired Salus Physical Therapy, one of Florida’s largest providers of outpatient therapy to senior living communities. Based in Tampa, Salus serves…

Strawberry Fields REIT Plans to Go Public on Nasdaq

SOUTH BEND, Ind. — Strawberry Fields REIT Inc., a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and other healthcare-related properties, has decided to switch from a privately traded REIT to a…

McGriff Hires Michael Welz to Senior Living Practice in Pennsylvania

KING OF PRUSSIA, Pa. — McGriff, a full-service insurance broker, has hired Michael Welz as a producer in the organization’s senior living practice in Pennsylvania. With nearly 15 years of experience in insurance and financial services, including investment advisory expertise,…

Lifespace Communities Appoints Mike Roach as Chief Strategy Officer

DALLAS — Lifespace Communities has hired Mike Roach as the company’s chief strategy officer. Roach will play a role in the development, oversight and implementation of strategic planning throughout the Lifespace organization and markets. He will assist in identifying, assessing,…

Company Profile: Elevate Senior Living

Building ‘a Better Mousetrap’ By Jeff Shaw Elevate Senior Living is a company with one goal in mind: make seniors housing affordable for middle-class people.  The introductory press release for the company — which also revealed the groundbreaking of its…

Blueprint Promotes Four to New Positions, Including CEO

CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has promoted co-founders Ben Firestone and Jacob Gehl to chief executive officer and chief vision officer, respectively. Additionally, longtime team members Ryan Chase, Michael Segal and Steve Thomes are…

Welltower, NHI Reach Agreement in Lawsuit Over Holiday Portfolio

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has entered into a memorandum of understanding with Welltower (NYSE: WELL) regarding a lawsuit over a portfolio of Holiday Retirement properties. The agreement sets forth principal terms by which NHI and…