IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has completed its joint-venture acquisition with Sienna Senior Living (TSX: SIA) 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…
BOCA RATON, Fla. — Kayne Anderson Real Estate, the real estate investment arm of private equite firm Kayne Anderson Capital Advisors, has closed its latest at an oversubscribed level of nearly $1.9 billion. The fund, Kayne Anderson Real Estate Debt…
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a San Clemente-based REIT focused on senior living properties, has announced the pending transfer of its common stock from the Nasdaq Global Select Market (Nasdaq) to the New York Stock Exchange…
BOSTON — Cushman & Wakefield has hired Zach Bowyer to lead the company’s Valuation & Advisory (V&A) Residential Practice Group in the United States. He will be based in Boston. Bowyer will collaborate with multifamily, co-living, subdivision, student housing and…
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…
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…
DALLAS — Sonida Senior Living Inc. (NYSE: SNDA), an operator based in Dallas, has hired Howard Garfield and Debbie Milligan as chief accounting officer and director of financial reporting. Most recently, Garfield was senior vice president, finance, treasurer and chief…
NEWTON, Mass. — AlerisLife Inc. (NASDAQ: ALR), a publicly traded operator based in Newton, has named Jeff Leer as interim president and chief executive officer. Leer has served as executive vice president, chief financial officer and treasurer of ALR since…
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…
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,…
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,…
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…
WHITE MARSH, Md. — Monarch Communities, an owner-operator based in the Baltimore suburb of White Marsh, has moved to a new headquarters. Simultaneously, the company announced plans for new communities and changes to its executive leadership. The company has established…
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…
PLAINVIEW, N.Y. — EW Howell Construction Group has promoted Daniel Williams from vice president and CFO to president and Howard Rowland from president and chief operating officer to CEO. Williams will retain his duties as CFO, while the moves are…
NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has elected David Pierce to its board of trustees as an independent trustee. With the addition of Pierce, DHC’s board now includes seven trustees. Pierce has served as executive vice president and…
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…
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,…
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,…
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…
DALLAS — Three, an architecture firm based in Dallas that works in the seniors housing space, has announced it is expanding into interior design, and has hired Sarah Bay as director to lead the charge. A registered interior designer with…
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…
CHICAGO — Ventas Inc. (NYSE: VTR) has appointed Michael Embler, former chief investment officer of Franklin Mutual Advisors, to its board of directors. Jay Gellert, who has served on the Ventas board since 2001, will retire from the board at…
LOS ANGELES — For an investor and operator, the most important factors a seniors housing company needs to have down to a science are staff recruitment and accountability, proper use of data and strong partnerships, according to Justin Dickinson, executive…
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…
SALT LAKE CITY — Bridge Investment Group Holdings Inc. (NYSE: BRDG) has launched a $75 million program to acquire, develop and operate needs-based seniors housing assets within the United States. As part of the venture, StepStone Real Estate co-invested in…