Company News

Company Profile: Oakmont Senior Living Stays Ahead of the Curve

by Jeff Shaw June 4, 2019

Oakmont Senior Living finds success — and a 97 percent occupancy rate — with a forward-thinking approach.

June 4, 2019

Lifespace Appoints Paula Shives to Board of Directors

by Jeff Shaw June 3, 2019

WEST DES MOINES, Iowa — The board of directors at Lifespace Communities has elected Paula Shives as its new chair. Shives, a 14-year member of the Lifespace Board, succeeds the outgoing E. LaVerne Epp.

June 3, 2019

Company News Florida News Operations

Community in Tampa Joins Allegro Brand

by Jeff Shaw June 3, 2019

TAMPA, Fla. — Renaissance Senior Living, a seniors housing community in Tampa, has rebranded as part of the Allegro family of properties.

June 3, 2019

Company News Development News

Paran Homes, Solinity Partner to Co-Develop Senior Living Communities in Southeast

by Jeff Shaw May 31, 2019

KNOXVILLE, Tenn., and DULUTH, Ga. — Georgia-based homebuilder Paran Homes has announced a partnership with Knoxville-based developer, owner and operator Solinity to develop seniors housing communities throughout the Southeast.

May 31, 2019

Company News Finance News

HCP Expands Credit by $750M

by Jeff Shaw May 30, 2019

IRVINE, Calif. — HCP Inc. (NYSE: HCP), an Irvine-based healthcare REIT, has closed an amended and restated credit agreement providing for a $2.5 billion unsecured revolving credit facility and a new $250 million unsecured term loan facility.

May 30, 2019

Company News News People

United Group Hires Mark Marasciullo as Chief Investment Officer

by Jeff Shaw May 29, 2019

TROY, N.Y. — The United Group of Companies Inc. has hired Mark Marasciullo as the company’s new chief investment officer.

May 29, 2019

Company News Florida Georgia News Operations

Pegasus to Operate Four Omega Communities in Southeast

by Jeff Shaw May 28, 2019

LADY LAKE, Fla., and MCDONOUGH, Ga. — Pegasus Senior Living has partnered with Omega Communities of Birmingham, Alabama, to manage two new senior living communities under development in the Southeast.

May 28, 2019

Acquisitions Company News News Virginia

Invesque to Acquire Commonwealth Senior Living for $340.4M

by Jeff Shaw May 24, 2019

CHARLOTTESVILLE, Va. — Invesque Inc. (TSX: IVQ), an Indiana-based seniors housing owner and developer that trades on the Toronto Stock Exchange, has agreed to acquire Charlottesville-based owner-operator Commonwealth Senior Living.

May 24, 2019

Acquisitions Company News News Texas

Civitas Senior Living Buys Office Building in Fort Worth for New Headquarters

by Jeff Shaw May 17, 2019

FORT WORTH, Texas — Civitas Senior Living has purchased a building in Fort Worth’s Upper West Side to serve as its permanent corporate headquarters.

May 17, 2019

Acquisitions Company News News Texas

Lifespace to Acquire Three SQLC Communities, Management Company

by Jeff Shaw May 13, 2019

WEST DES MOINES, Iowa — Lifespace Communities, a nonprofit owner-operator based in West Des Moines, has agreed to acquire three Senior Quality Lifestyles Corp. (SQLC) communities for an undisclosed price. In addition, Lifespace will acquire Seniority Inc., SQLC’s operational subsidiary.

May 13, 2019

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