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Company NewsNewsOperationsTexas

12 Oaks Assumes Management of 217-Unit Community Near Houston

by Hayden Spiess

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. 

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Janus Living Debuts on NYSE, Valued at $5.9B

by Hayden Spiess

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 …

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Company NewsNew YorkNewsPeople

Lument Adds Alex Florea, Kevin Lukehart to Support Seniors Housing Expansion

by Hayden Spiess

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 …

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Company NewsNewsNorth CarolinaOperationsSouth Carolina

Charter Assumes Management of Two Ventas-Owned Communities

by Hayden Spiess

ANDERSON, S.C. and PINEHURST, N.C. — Charter Senior Living has assumed management of two communities owned by Ventas (NYSE: VTR). The communities include The Legacy of Anderson in Anderson, South Carolina, and Fox Hollow Senior Living in Pinehurst, North Carolina.  Fox Hollow Senior Living comprises 74 assisted living and memory care units. The Legacy of. Anderson totals 101 units of independent living.  “Expanding our relationship with Ventas to welcome these communities into the Charter family reflects our shared, unwavering focus on operational excellence and the resident experience,” says Keven Bennema, co-founder …

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Pacific Retirement Services Names New CEO

by Hayden Spiess

MEDFORD, Ore. — Pacific Retirement Services (PRS) has named Sloan Bentley president and CEO. Bentley will assume the role following the closing of a financial restructuring for her current employer.  With more than 40 years of professional experience in the senior living sector, Bentley most recently served as president and CEO of Lutheran Life Communities, which she joined in 2020. Bentley also cofounded Seniority Inc., a wholly owned subsidiary of American Baptist Homes of the West, and served as president and CEO of Lifespace Communities for five years.  “Sloan is a …

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Amy-Schectman
Company NewsMassachusettsNewsPeople

2Life Communities CEO to Retire in October

by Hayden Spiess

BRIGHTON, Mass. — 2Life Communities CEO Amy Schectman has announced plans to retire this October. Schectman, whose full title is Saul and Gitta Kurlat chief executive officer, has held the position for roughly 15 years. (The Saul & Gitta Kurlat Charitable Foundation is a long-standing supporter of 2Life Communities.) “I feel very proud of the work we’ve done at 2Life,” said Schectman in a statement. “Creating communities of loving kindness is sacred work, especially important in a society that often ignores or dismisses older adults and where elder economic insecurity is …

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Discovery Senior Living Appoints Vice President of Sales

by Hayden Spiess

BONITA SPRINGS, Fla. — Discovery Senior Living has appointed a new vice president of sales. Jake Raptosh will now hold the position, reporting to Brennan Hughes, senior vice president of sales.  Raptosh most recently served as vice president of sales and marketing at Elegance Living. He has also held roles with Holiday by Atria and Holiday Retirement.  According to Discovery, Raptosh specializes in coaching teams, refining sales execution and partnering cross functionally with operations, marketing and technology teams. He has experience leading customer relationship management (CRM) and sales process enhancements, delivering …

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Company NewsNewsPeopleTennessee

Vitality Living Appoints Chief Investment Officer, Chief Real Estate Officer

by Hayden Spiess

BRENTWOOD, Tenn. — Senior living owner and operator Vitality Living has announced the appointment of a chief investment officer and a chief real estate officer.  John Rimbach has been named chief investment officer, and Charles Hall will assume the position of chief real estate officer at the Brentwood, Tennessee-based company.   Rimbach brings more than 30 years of experience in seniors housing to his new role, in which he will lead investment strategy, acquisitions, joint ventures and capital relationships. “I’m excited to help advance Vitality’s capital strategy, cultivate long-term investment partnerships and …

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Company NewsFinanceNews

Healthpeak Properties Forms Seniors Housing REIT

by Hayden Spiess

DENVER — Healthcare real estate owner, operator and developer Healthpeak Properties (NYSE: DOC) has announced the formation and planned initial public offering (IPO) of a new seniors housing REIT, Janus Living. The publicly traded REIT will feature a RIDEA structure.  Healthpeak will contribute its 34-community, 10,422-unit seniors housing portfolio to Janus Living and serve as its external manager, with a $10 million annual management fee. Immediately following the IPO, Healthpeak plans to retain a substantial majority interest in the REIT, with public shareholders owning the remainder. Scott Brinker, president and CEO …

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Traci Taylor-Roberts
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Harmony Senior Services Names Traci Taylor-Roberts CEO

by Hayden Spiess

CHARLESTON, S.C. — Management company Harmony Senior Services has named Traci Taylor-Roberts the company’s new chief executive officer.  Taylor-Roberts brings more than 25 years of experience in senior living, home health care and hospice care to the role. Prior to joining Harmony, she served as president of Sodalis Senior Living.  “We are delighted to welcome Traci Taylor-Roberts as Harmony’s CEO,” said Hunter Smith, president and principal of Harmony, in a statement. “As a family-owned company, we seek leaders who embody compassion and a steadfast commitment to our core values.” Founded in …

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