FORT BELVOIR, Va. — The Fairfax, a military retirement community in Fort Belvoir owned and operated by Sunrise Senior Living, has become the first seniors housing community to receive wildlife sanctuary certification from the Audubon Society.
Company News
NEW YORK CITY — NorthStar Healthcare Income Inc. (NorthStar Healthcare) — through a joint venture with Formation Capital LLC and Safanad Management Ltd. — has closed the acquisition of the U.S.-based operations of Extendicare International Inc., including a portfolio of 158 seniors housing and care facilities for a total cost of approximately $1.1 billion.
BRENTWOOD, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has announced that Mark Ohlendorf, the company’s president and chief financial officer, will transition from his current dual roles to focus fully on his role as president. The company also announced that Gregory Richard, the company’s chief operating officer, will step down effective Sept. 30.
TOLEDO, OHIO, AND TORONTO — Health Care REIT Inc. (NYSE: HCN) and Revera Inc. (Revera) have entered into a definitive agreement to acquire Regal Lifestyle Communities Inc. (Regal) (TSX: RLC) through an existing 75/25 joint venture for a total value of approximately CA$766 million, or US$623 million.