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Liam-Sorensen
Company NewsFinanceNew YorkNewsPeople

MonticelloAM Appoints Liam Sorensen Senior Relationship Manager

by Hayden Spiess

NEW YORK CITY — Multifamily and seniors housing bridge lending platform MonticelloAM has appointed Liam Sorensen to the role of senior relationship manager.  In his new role, Sorensen will be responsible for fostering and expanding client relationships, sourcing new opportunities and supporting the firm’s lending and investment activity across the seniors housing market. He will report to Karina Davydov, senior managing director, Healthcare.  Sorensen’s experience includes almost a decade in healthcare real estate finance and a track record of debt structuring, underwriting, portfolio management and client advisory services. Prior to joining …

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Nicole-Ornelas
Company NewsNewsPeopleTexas

Nicole Ornelas Joins Lifespace Communities as Vice President of Experience

by Hayden Spiess

DALLAS — Nicole Ornelas has joined Lifespace Communities, a nonprofit senior living owner and operator, as vice president of experience.  In her new role, Ornelas will report to Nikki Kresse, chief experience and people officer. She will guide the development and execution of LIfespace’s enterprise experience strategy, which includes elevating resident experience, introducing new service models and applying data-driven tactics to create improvement. Ornelas will also collaborate with the vice president of human resources and other leaders to oversee team member experiences within the organization.  Ornelas brings more than 20 years …

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Amy-Porchetta
Company NewsNewsPeople

Argentum Appoints Amy Porchetta Vice President of Development and Revenue Operations

by Hayden Spiess

ALEXANDRIA, Va. — Argentum, a national association representing senior living communities, has announced the appointment of Amy Porchetta to the role of vice president of development and revenue operations.  Most recently, Porchetta — who has more than 20 years of experience in fundraising, corporate partnerships and strategic growth — served as the senior director of business development at the USO.  In her new role at Argentum, Porchetta will oversee revenue generation initiatives, corporate partnerships and development strategies to advance Argentum’s mission.  “Amy’s proven track record in building high-impact partnerships and driving …

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Company NewsIndependent LivingLegal IssuesNewsSkilled Nursing

NHI Issues Notice of Non-Compliance to Tenant NHC 

by Hayden Spiess

MURFREESBORO, Tenn. — National Health Investors (NYSE: NHI), has issued a formal, written notice to an affiliate of National HealthCare Corp. (NYSE: NHC) that the tenant is in default under its master lease with NHI.  According to NHI, NHC is in non-compliance with multiple non-monetary provisions of the master lease agreement, which dates back to October 1991. The affiliate of NHC occupies 32 of NHI’s skilled nursing facilities and three of the company’s independent living facilities.  According to an SEC filing by NHC, the company’s lease agreement with NHI includes a …

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Bird-Chris-LCS
CCRCCompany NewsIllinoisIowaNews

LCS Expands CCRC Portfolio Through Strategic Merger With Vi

by Lynn Peisner

DES MOINES and CHICAGO — LCS, the third largest U.S. seniors housing operator, has entered into a strategic merger agreement to acquire Vi, an operator of 10 luxury continuing care retirement communities (CCRCs) across the country. Headquartered in Chicago, Vi is a hospitality-inspired senior living company with over 3,000 employees serving more than 4,000 residents. Vi’s CCRCs are located in six states: Arizona, California, Colorado, Florida, Illinois and South Carolina. The company was founded in 1987 as Classic Residence by Hyatt by Penny Pritzker and rebranded as Vi in 2010. …

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Company NewsMassachusettsNews

AlerisLife to Exit 116 Diversified Healthcare Trust Management Agreements, Sell All Assets

by Lynn Peisner

NEWTON, Mass. — Diversified Healthcare Trust (Nasdaq: DHC) has entered into agreements with AlerisLife Inc. and seven different operators to transition the management of 116 of DHC’s senior living communities managed by Five Star Senior Living, the operating division of AlerisLife. The transition of these management agreements will occur in tranches beginning this month (September) and is expected to be completed by year’s end. AlerisLife is also selling all its assets, including its 17 owned communities, and expects to complete a full wind-down of its business and operations in the …

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AcquisitionsCompany NewsMassachusettsNewsOperations

Phoenix3 Acquires Quality Culinary Solutions, Rebrands

by Hayden Spiess

BOSTON — Phoenix3 Holdings, a collection of boutique culinary and hospitality solutions companies, has announced that it is rebranding and transitioning to Phoenix3 Collective. The company operates dining and hospitality programs within the senior living sector.  Additionally, Phoenix3 has acquired Quality Culinary Solutions (QCS), an advisory firm dedicated to transforming dining operations within self-operated seniors housing communities.  Phoenix3’s full suite now includes seven brands — Innovative Hospitality Solutions, Centicor Procurement Services, CrossCheck Quality Assurance, Culinour, Infuse Hospitality, QCS and Restaura, a dining management company for seniors housing communities. 

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Company NewsNew JerseyNews

Distinctive Living Establishes Business Intelligence Team

by Hayden Spiess

FREEHOLD, N.J. — Senior living management and consulting firm Distinctive Living has established a new business intelligence team.  Distinctive Living recently ranked as No. 36 in the 2025 ASHA 50 list of the largest U.S. seniors housing operators.  Under the leadership of executive vice president and CFO Lindsey Hacker, the business intelligence team integrates insights from data to inform operations, sales and marketing decisions.  “Our strategic focus on data analytics aligns with the expectations of our capital partners for agile and informed management solutions,” says Joe Jedlowski, chairman and CEO of Distinctive Living. …

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Rebecca-Pacillas
Company NewsNewsOregonPeople

Rebecca Pacillas Joins The Springs Living as Chief People Officer

by Hayden Spiess

MCMINNVILLE, Ore. — Rebecca Pacillas has joined The Springs Living as the company’s new chief people officer. In this role Pacillas will report to the president and lead the company’s people strategy, including talent acquisition, staff retention and training, leadership development and human resources.  With more than two decades of experience in human resources leadership, Pacillas most recently served as chief people officer at American Advisors Group. She holds an Associate of Arts degree in business and a Certificate in Human Resources from the University of California, Riverside.  “Rebecca is a …

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CaliforniaCompany NewsNews

Alegre Home Care Joins Elder Care Alliance

by Hayden Spiess

ALAMEDA, Calif. — Alegre Home Care, which provides in-home care assistance to elderly and disabled individuals, is joining Elder Care Alliance (ECA).  Based in Alameda, ECA is a non-profit association of senior living communities and part of the Transforming Age network of affiliates. ECA currently serves more than 10,500 older adults through five residential communities and the Mercy Brown Bag Program, which sorts, packs and distributes groceries.  Alegre’s founder and CEO Charles Symes will remain in place throughout the ownership transition and will serve as a home care consultant within the …

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