LOS ANGELES — A Los Angeles County judge has dismissed all charges against memory care giant Silverado, as well as its CEO Loren Shook and two other executives. Los Angeles County District Attorney George Gascón brought the charges in March, and they were related to 14 COVID-related deaths at Silverado communities. The complaint claimed that Silverado hadn’t followed proper clinical protocols when admitting a resident in March 2020, which lead to an outbreak at one of the operator’s facilities. The charges were shocking at the time they were brought — …
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Webinar — Inside the Resident Room: In-Unit Data Helps Seniors Housing Operators Improve Safety & Increase Profitability
The Oct. 17 webinar “Inside the Resident Room: In-Unit Data Helps Seniors Housing OperatorsImprove Safety & Increase Profitability“ focused on how resident room data can help seniors housing operators improve patient outcomes and reduce operating costs. During this brief, one-hour discussion, seniors housing industry experts talked about some of the most challenging and important topics facing the world of senior living: staffing crises, ballooning costs, data gathering tactics and increasing resident safety while maintaining their privacy. Listen in to learn more about senior living technology and its role in fall prevention, …
LAKE OSWEGO, Ore. — Anthem Memory Care, a Lake Oswego-based operator, has promoted Trisha Thomas and Nick Katinos to the position of regional director of operations. They will provide leadership and oversight for 16 communities. Thomas was executive director for Chelsea Place in Aurora, Colorado. She previously was executive director with Brookdale Westland Meridian in Lakewood, Colorado. She brings over 20 years of senior living experience to this position. Katinos most recently served as executive director for Grace Point Place in Oak Lawn, Illinois. Prior to this position, he was …
LITTLE ROCK, Ark. — Anthem Memory Care has assumed management of Pinnacle Place Memory Care, formerly known as Avenir of Little Rock. Under the agreement, Anthem Memory Care now manages all aspects of the community’s operations and will add regional staff, technology and training programs to adapt the community to its approach to care. The new property, located in Little Rock, brings Anthem’s portfolio up to 20 properties and marks the Oregon-based operator’s entry into Arkansas.
MANASSAS, Va. — Commonwealth Senior Living has acquired UVA Health Caton Merchant House, a seniors housing community in the western D.C. suburb of Manassas. The purchase marks the buyer’s 28th community in Virginia, and it will be rebranded as Commonwealth Senior Living at Manassas. Commonwealth plans to implement a complete renovation which includes updating all of the apartments and public areas as well as the addition of a new memory care neighborhood. The community currently features only assisted living. Other amenities for the renovation include a new dining room; a …
It has been more than three years since COVID-19 lockdowns wreaked havoc on skilled nursing, assisted living and memory care facilities. Among other consequences, falling admissions and occupancies required many operators to seek or extend short-term loans to survive until brighter days. The good news is that, to a certain extent, those days have arrived: Rebounding occupancies are inching closer to pre-pandemic levels, higher Medicaid reimbursements are flowing to net operating income, and labor costs are stabilizing, says Michael Gehl, chief investment officer for FHA lending for NewPoint Real Estate …
BEAVERTON, ORE. — Walker & Dunlop has arranged a $15.2 million loan for the refinancing of Waterhouse Ridge Memory Care in Beaverton, just west of Portland. Located at 1115 NW 158th Ave., Waterhouse Ridge features 68 memory care beds. Onelife Senior Living developed, owns and operates the facility, which is currently 88 percent occupied. Kevin Giusti and Daniel Barone of Walker & Dunlop led the origination team that placed the loan through one of its lending partners. Loan proceeds were utilized to refinance existing debt and provide cash to the …
DENVER — Ascent Living Communities has hired Amelia Schafer as area director of memory care. Schafer is a gerontology expert with 20 years of experience working across a wide range of Alzheimer’s and dementia education, program development, care and service delivery. She will oversee the implementation of resident care programs ranging from mild cognitive impairment with assisted living residents, to comprehensive memory care operations across Ascent’s four Colorado senior living communities. Throughout her two decades of work with the Alzheimer’s Association, Schafer led the professional education division, including the development …
LONG BEACH, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Brittany House Memory Care Center in Long Beach, just south of Los Angeles. The seller is a San Diego-based developer and operator looking to focus its resources on a newly developed portfolio of communities throughout Orange and San Diego counties. The buyer is a Los Angeles-based high-net-worth family. The price was not disclosed. The Blueprint team included Jacob Gehl and Scott Frazier.
NORWOOD, Mass. — LCB Senior Living, a Norwood-based owner-operator, has promoted Amber Evans to vice president of memory care and resident engagement. In this role, Evans will oversee LCB’s Reflections Memory Care Program and resident engagement operations. Evans joined LCB Senior Living in 2015 as a memory care and engagement specialist before being promoted to director of memory care and resident engagement in 2021. In February, she was also named the vice chair of education outreach for the National Institute for Dementia Education’s Standard of Excellence Council. Evans is a …