CARMEL, Ind. — Mainstreet, a skilled nursing developer based in Indiana, has completed its acquisition of Canadian real estate company Kingsway Arms Retirement Residences and renamed the company Mainstreet Health Investments.
CHASKA, Minn. — John Goodman, an author, speaker and chairman of The Goodman Group, passed away Sunday from complications following a heart attack. He was 66.
DALLAS — Capital Senior Living Corp. (NYSE: CSU) has agreed to appoint a new, independent board member under the guidance of Lucus Advisors, an activist shareholder that has been publicly calling for a sale or other major changes to the company.
NASHVILLE, Tenn. — Chris Guay, formerly a senior executive with Emeritus Senior Living and Brookdale Senior Living, has launched a new brand: Vitality Senior Living.
RICHMOND, Va. — Virginia Baptist Homes, an operator of four continuing care retirement communities in Virginia, has changed its name to LifeSpire of Virginia.
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing communities in the U.S., has announced two of its executives will step down amidst slumping stock prices.
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN), the largest healthcare REIT in the U.S. by market cap, has launched the Welltower Foundation with the goal of improving quality of life for seniors.
HONG KONG — Private equity firm Bridge Investment Group Partners LLC has hired Aamir Rahim to provide investor relations and capital markets expertise as the firm expands to China.
WASHINGTON, D.C. — The Executive Board of the American Seniors Housing Association (ASHA) has elected six seniors housing executives to serve two-year terms as members of the Executive Committee.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has launched its new website — Where You Live Matters (www.WhereYouLiveMatters.org) — along with a major social media outreach initiative.