Company News

NAPA and SARATOGA, Calif. — Transforming Age has assumed management of two Odd Fellows Home of California (OFHC) communities in Napa and Saratoga.  Transforming Age will operate the communities on behalf of the nonprofit, which is based in Saratoga. The properties, both continuing care retirement communities, include Saratoga Retirement Community and The Meadows of Napa Valley.  Saratoga Retirement Community, which is currently undergoing a $101.7 million expansion, totals 337 residences situated on a 37-acre campus. OFHC recently received bond financing for the project, which will add 52 apartments across three new buildings, as …

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REDDING, Calif. — Northstar Senior Living and Alta Senior Living have executed a partnership and merger. Moving forward, the combined company will operate under the Northstar brand.  Headquartered in California, Northstar manages a portfolio of senior living communities throughout the U.S. Northstar engaged Blueprint to identify and secure a strategic capital partner to recapitalize its management platform, which resulted in the merger.  Scott Frazier, Ryan Chase and Jacob Gehl of Blueprint served as exclusive advisors to Northstar.   Additionally, Hidden River Strategic Capital has announced an investment in Northstar in connection with …

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DALLAS — Rob Salierno has been named regional vice president of operations for the North Region at nonprofit owner and operator Lifespace Communities.  In his new role, Salierno will lead daily operations for seven communities located in five states, reporting to Andy Kazmierczak, chief operating officer of Lifespace.  “Rob’s 20-plus-year journey with Lifespace is especially inspiring because it reflects the growth and opportunity our organization strives to create,” says Kazmierczak. “He began his Lifespace career as a dining room server in one of our communities and, through dedication and a commitment …

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COCKEYSVILLE, Md. — Matthew Gourmand, president of Omega Healthcare Investors (NYSE: OHI), will assume the role of CEO of the company.  Gourmand’s tenure as CEO will begin Oct. 1, upon the retirement of current CEO Taylor Pickett. Gourmand will also be appointed to the company’s board.  “Having worked with Matthew for the past eight years, I believe he is the right person to take the company forward,” said Pickett in a press statement. “With a highly experienced and driven team to support him, I am confident that Omega is well-positioned to …

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DALLAS — Nonprofit senior living owner and operator Lifespace Communities has appointed Andy Kazmierczak to the role of chief operating officer.  Kazmierczak assumed the role May 1, following the departure of Brian Robbins.  “Andy is a culture champion who brings strong operational leadership, deep knowledge of our communities and a consistent track record of execution,” says Jesse Jantzen, president and CEO of Lifespace. “He has played a key role in advancing several of our most important enterprise initiatives and is well-positioned to build on our momentum and drive consistency in performance.”  …

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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 …

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Adam-Manchester

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 …

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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 …

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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 …

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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 …

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