Thursday, March 6, 2025
Read the Magazine Subscribe

Company News

Company NewsNewsPeople

Cambridge Realty Capital Founder, CEO Jeff Davis Passes Away

by Jeff Shaw

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 for business began early in his life, and he channeled it into his studies at the University of Illinois, where he graduated with a degree in finance. He went on to pursue a graduate degree in real estate investment analysis and appraisal from the University of Wisconsin in 1976. Upon …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsOperationsPeople

Sonida Senior Living Hires Howard Garfield, Debbie Milligan to Finance Team

by Jeff Shaw

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 accounting officer for CorePoint Lodging Inc., a publicly traded real estate investment trust (REIT) with a geographically diverse portfolio. Prior to that, he served as the chief financial officer and chief accounting officer for Monogram Residential Trust for nearly a decade. Milligan also hails from CorePoint Lodging Inc. where she …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsOperationsPeople

Katie Potter Resigns as CEO of AlerisLife, Jeff Leer to Serve as Interim Leader

by Jeff Shaw

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 2019 and will continue these responsibilities. He succeeds Katie Potter, who resigned as president and chief executive officer effective April 30. The reason for Potter’s resignation was not released. ALR also announced that its board of directors has engaged the healthcare consulting group of Alvarez & Marsal (A&M) to conduct …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsFrom The Magazine

Company Profile: On a Mission to Transform Aging

by Jeff Shaw

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 its founding mission. The nonprofit organization began as a faith-based ministry responding to the needs of aging members of local congregations in the Toledo area. From a historical perspective, it was a tumultuous time in 1916. Anti-German sentiment during World War I led to discrimination against some of the congregations …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCompany NewsNewsTechnology

Seniors Housing Tech Firm Merger: iN2L Acquires LifeLoop

by Jeff Shaw

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, experience and operational tools will help build healthy workplaces and communities that support the overall happiness, satisfaction and well-being of both residents and staff. Today, amid mounting caretaker burnout, the industry’s staffing crisis continues unabated, further exacerbating existing operational and occupancy challenges. According to the National Center for Assisted Living, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeopleTechnology

EmpowerMe Wellness Names Dr. Jody Mitchell as Chief Medical Officer

by Jeff Shaw

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, focus on staff development for field clinicians, and utilize the most current research and practices to provide better outcomes for residents of senior living communities nationwide. Mitchell has been with Owensboro Health in Owensboro, Kentucky, since 2012, most recently as medical director of outpatient services and medical director of athletic …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeople

Sonida Senior Living Names Kevin Detz as Chief Financial Officer

by Jeff Shaw

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 roles. From January 2020 to April 2022, Detz served as executive vice president and operational chief financial officer, where he was responsible for leading the company’s corporate and operational accounting and reporting functions. There, he transformed the company’s back-office services into a profitable professional services platform and reorganized the corporate …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsDevelopmentNewsPeople

Monarch Communities Announces New Headquarters, Communities, Executives

by Jeff Shaw

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 its corporate office in White Marsh, and now has a portfolio of seven East Coast communities. It operates four in Massachusetts, Connecticut and New Jersey, with over 300 employees and 400 residents. The company is also developing three new communities. One of those, Monarch Coopers Corner, is scheduled to open …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCompany NewsNewsSkilled Nursing

EmpowerMe Wellness Acquires Statewide Therapy Provider in Florida

by Jeff Shaw

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 45 senior communities across the state of Florida. All of Salus’ 175 employees have been offered positions by EmpowerMe Wellness, including therapists and corporate office staff. With this acquisition, EmpowerMe Wellness will now serve over 450 senior living communities across more than 20 states. “Through our partnership, EmpowerMe will make …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeople

EW Howell Construction Promotes Daniel Williams to President, Howard Rowland to CEO

by Jeff Shaw

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 part of a transition plan to install Rowland as chairman at the end of 2023. Rowland joined EW Howell in 1983 as project manager and became president of the firm in 1997. Williams joined the firm in 2007 as the firm’s controller, and was promoted to CFO in 2016. Williams …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts