DES MOINES, Iowa — LCS has closed its merger agreement to acquire Vi. The acquisition, which was originally announced in September 2025, creates a combined company with a portfolio of roughly 130 communities managed across 29 states. “Today marks an incredible milestone as we officially move forward as one company, united by a shared purpose: to create exceptional senior living experiences at each of our communities,” says Chris Bird, CEO of LCS. “With regulatory approvals complete, we are excited to officially welcome Vi employees and residents.” LCS ranked as the third-largest seniors housing …
Company News
WALTHAM, Mass. — Benchmark Senior Living has named Adam Manchester senior campus executive director, effective immediately. In this position, Manchester will oversee operations for all of the continuing care retirement communities (CCRCs) within the Benchmark portfolio, which include Edgehill in Stamford, Connecticut; Meadow Ridge in Redding, Connecticut; New Pond Village in Walpole, Massachusetts; and The Commons in Lincoln in Lincoln, Massachusetts. Manchester previously served as the campus executive director of New Pond Village for seven years. “We are always looking for better ways to support our CCRCs and the associates, residents …
CHICAGO — Brokerage firm Evans Senior Investments (ESI) has expanded its platform with the addition of a dedicated capital markets and debt advisory team. Hank Fuller will serve as director and lead the capital markets practice, which will include Jeremy Laboe, senior capital associate. “Our clients were navigating debt alone,” says Fuller. “That gap is where we’re focused, running a disciplined, marketed process across our lender network to drive pricing, terms and execution certainty.” According to ESI, the firm has active relationships with more than 500 lenders, including banks, debt funds …
COLUMBUS, Ohio — Treplus Communities, and owner and operator of active adult properties, has launched Treplus Property Management (TPM), a new third-party management company. Designed specifically to meet the needs of active adult communities, TPM will offer a full range of management services, overseeing daily operation, maintenance, marketing, leasing, resident engagement, financial oversight and regulatory compliance as a third-party operator. “Treplus Property Management represents a natural progression of my dedication to redefining active adult living,” says Jane Arthur Roslovic, CEO and co-founder of Treplus Communities. “Having developed and operated our own …
FORT WASHINGTON, Pa. — ACTS Retirement Communities (Acts) has named Karen Christiansen as the nonprofit’s next CEO. Christiansen, who currently serves as Acts’ president, will assume the position in January 2027. Gerald Grant, current CEO of the organization, announced his intention to retire earlier this year. Christiansen joined Acts in 1996. Her previous roles with the company include executive vice president and chief financial officer. She was named president in 2020 and was elected to the board of directors in 2023. Acts currently serves more than 11,000 senior living residents across …
CHICAGO — Blueprint Healthcare Real Estate Advisors has acquired MidCap Financial Services’ FHA/HUD lending platform, marking a significant expansion of its Capital Markets practice. Through the acquisition, Blueprint will be able to offer clients long-term financing solutions. According to the company, Blueprint plans to offer buyers acquisition financing and provide its broader client base with refinancing solutions. Tony Marino has been appointed to lead the platform as senior managing director. Ramona Mitchell will serve as chief underwriter. Blueprint will also onboard the existing MidCap team, including Brian Therkildsen and Yvonne Redd. …
ATHENS, Ga. — Landmark Properties, a real estate firm that develops, constructs, invests in, acquires and operates residential communities, has announced its expansion into the seniors housing sector. “Seniors housing sits at an attractive inflection point, having made a meaningful recovery from a unique black swan event and now exhibiting a pronounced supply-demand imbalance,” says Walt Templin, president and chief investment officer of Landmark. “This dynamic creates a compelling entry point for Landmark to leverage its vertically integrated platform.” Landmark has appointed Shashank Goel to lead the company’s entry into seniors …
BAYTOWN, Texas — 12 Oaks Senior Living has assumed the management of The Lodge at Pine Creek, a senior living community located in Baytown, roughly 30 miles east of Houston. Totaling 217 units, the property offers cottages, independent living suites, assisted living and memory care. “12 Oaks previously opened, owned and operated a community in Baytown for several years, and we are excited to be back in this vibrant market once again, as we continue to curate our Texas portfolio,” says Greg Puklicz, president of 12 Oaks.
DENVER — Seniors housing REIT Janus Living has made its debut on the New York Stock Exchange (NYSE) under the ticker JAN. The initial public offering (IPO) included 42 million shares of common stock priced at $20 per share, amounting to an IPO of $840 million. Shares opened above the price of $20, at $23.50 each, valuing the company at $5.9 billion. Denver-based Healthpeak Properties (NYSE: DOC) announced the formation of Janus Living in January of this year, contributing a 34-community seniors housing portfolio to the REIT. Healthpeak is serving as the external …
NEW YORK CITY — Lument has hired Alex Florea and Kevin Lukehart to support the firms expansion of its real estate investment sales platform into the seniors housing sector. Florea will serve as managing director and Lukehart will assume the role of director. Florea will lead the seniors housing team, working closely with John Sebree, head of real estate investment sales, and Aaron Becker, head of seniors housing and healthcare debt production. Prior to joining Lument, Florea worked at Blueprint HCRE, most recently as managing director. In that role, he brokered …