Tuesday, August 26, 2025
Read the Magazine Subscribe

News

NewsPeople

MBK Senior Living Hires Becky Price as Vice President of Sales, Marketing

by Jeff Shaw

IRVINE, Calif. — MBK Senior Living, an Irvine-based owner-operator, has hired Rebecca “Becky” Price as vice president of sales and marketing. In her previous role as senior national sales director for Sunrise Senior Living, some of Price’s accomplishments included designing and implementing a sales support program for communities in ground-up development; managing the company-wide internet sales program; increasing team productivity through training and targeted coaching; developing a program for inbound leads with a 6.6 percent year-over-year growth; and partnering with leadership teams in successfully reaching goals and objectives in challenging …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCompany NewsNewsOperations

Cogir Acquires Cadence, Becoming 21st Largest Operator in United States

by Jeff Shaw

SACRAMENTO and SCOTTSDALE, Ariz. — Cogir Management has acquired Cadence Living to form one of the largest operators in the United States. The transaction involves Cogir buying out the shareholders of Cadence. Both companies have a focus on the West Coast, and the combined total number of units will be approximately 8,000 across nine states. Based on the American Seniors Housing Association’s June 1 numbers, that would make the company the 21st largest operator in the country, between Merrill Gardens and publicly traded Sonida Senior Living. Cogir Management USA is …

Continue Reading
0 FacebookTwitterLinkedinEmail
Active AdultDevelopmentNewsSouth Carolina

Aspens Senior Living Opens 159-Unit Active Adult Community in Greenville, South Carolina

by Jeff Shaw

GREENVILLE, S.C. — Aspens Senior Living has completed construction of The Aspens Verdae, a 159-unit active adult community in Greenville. The property totals 196,000 square feet and offers one-and two-bedroom options ranging from 607 square feet to 1,243 square feet. Aspens broke ground on the project in December 2020. It is the company’s second community in the Carolinas. The site is close to Legacy Park, The Preserve at Verdae Golf Club and the Prisma Health Swamp Rabbit Trail. Shiel Sexton served as general contractor for The Aspens Verdae, with Arrive …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsSkilled Nursing

Strawberry Fields REIT Officially Goes Public

by Jeff Shaw

SOUTH BEND, Ind. — Strawberry Fields REIT, a South Bend-based owner of skilled nursing facilities, assisted living facilities and long-term acute care hospitals in the Midwest and South, has begun trading on the OTC Markets Group Inc. under the symbol STRW. OTCQX is an operator of regulated markets for trading 12,000 U.S. and international securities. “My partners and I invested significant time and energy to build our company, starting with the acquisition of 33 properties in Indiana and Illinois from 2005 through 2014,” says Moishe Gubin, chairman and CEO of …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNewsSkilled Nursing

BHI Provides $42.5M Financing for TL Management

by Jeff Shaw

NEW YORK CITY — BHI, a New York City-based commercial bank, has closed on a $42.5 million term loan for TL Management, a company that owns skilled nursing facilities across the country. “This transaction is part of BHI’s continuous growth in the category and our strategy for further expansion in the healthcare sector going forward,” says Tami Antebi, senior vice president and head of healthcare for BHI. Further details on the transaction were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Memory CareNewsPeople

Anthem Memory Care Appoints Jamie Floyd as Regional Director of Sales, Marketing

by Jeff Shaw

LAKE OSWEGO, Ore. — Anthem Memory Care, a Lake Oswego-based operator, has named Jamie Floyd as regional director of sales and marketing. She is responsible for the overall sales and marketing of 12 communities in Illinois, Colorado, Minnesota, California and Kansas. Floyd previously was vice president, sales, new developments, acquisitions and sales training for Atria Senior Living. She also served as national sales specialist and regional sales manager with Atria and director of marketing and education for Odyssey Healthcare. Throughout her 37-year career in healthcare, Floyd has specialized in sales …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingIowaNewsSkilled Nursing

Cambridge Provides $10.4M HUD Refinancing for The Views of Burlington in Iowa

by Jeff Shaw

BURLINGTON, Iowa — Cambridge Realty Capital Cos. has provided a $10.4 million HUD Lean loan to refinance Oakview Nursing and Rehabilitation and Ridgeview Assisted Living, a dual-facility campus also known as The Views of Burlington. Located in Burlington, just across the Mississippi River from Illinois and just north of the Missouri border. Oakview Nursing and Rehabilitation is a 60-bed skilled nursing facility and Ridgeview Assisted Living is a 42-bed facility. Andrew Erkes, Cambridge president, says the fully amortized, 35-year loan was provided for the owner, an Iowa limited liability company. …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNews

Oxford Closes $347M in Financing During Second, Third Quarters

by Jeff Shaw

ALEXANDRIA, Va. — Oxford Finance LLC, an Alexandria-based finance firm, closed over $347 million in financing transactions through its healthcare real estate group during the second and third quarters of 2022. Oxford provided a $26.2 million term loan and $3 million revolving line of credit to finance the acquisition of three skilled nursing facilities containing 391 beds in Texas for a Texas-based operator. Oxford supplied a $9 million revolving line of credit to finance working capital needs for seven skilled nursing facilities for an expanding California-based operator. Oxford provided a …

Continue Reading
0 FacebookTwitterLinkedinEmail
NewsPeople

Arrow Senior Living Appoints Candace Johnson as Vice President of HR, Among Other Promotions

by Jeff Shaw

ST. CHARLES, Mo. — Arrow Senior Living has appointed Candace Johnson as vice president of human resources in its St. Charles-based home office; and announced promotions for Sophie Rich, Christie Masline and Matthew Enderle, serving communities in Arrow’s Illinois and Ohio markets. Candace Johnson recently joined Arrow’s home office team as vice president of human resources and associate general counsel. A licensed, practicing attorney, her expertise is in employment law and litigation. Sophie Rich began her career with Arrow as a regional operations specialist. Rich has been promoted to executive …

Continue Reading
0 FacebookTwitterLinkedinEmail
FeaturesInvestmentNews

Economic Headwinds Don’t Slow Optimism in Seniors Housing Industry, Say Webinar Panelists

by Jeff Shaw

How about this: It’s never been an easy ride for the seniors housing industry, even in the good times, but the last few years have been particularly turbulent. “Our industry has been through a real roller coaster the past couple years, starting off with the pandemic,” said Rick Swartz of Cushman & Wakefield. “That was a real challenge to occupancies and operations. We then had a successful roll out of vaccines that led the recovery and created a lot more bullishness in the industry. However, our robust economy has led …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts