News

ASHA 50: Brookdale Drops to Third Largest Owner, Still Dominates As Largest Operator

by Jeff Shaw September 3, 2019

WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), in partnership with Seniors Housing Business, has released the 2019 edition of the ASHA 50, which ranks the 50 largest owners and operators in the U.S. seniors housing space.

September 3, 2019

InterFace Seniors Housing Panel: Connecting with Families Is as Important as Operations

by Jeff Shaw September 3, 2019

ATLANTA — For seniors housing operators, connecting to families is just as important as running a community, according to Josh Crisp, founder and president of Knoxville, Tenn.-based Solinity Senior Living.

September 3, 2019

Acquisitions Georgia Mississippi News Virginia

SLIB Negotiates Sale of Four Communities in the Southeast

by Jeff Shaw September 3, 2019

HOLLY SPRINGS, Miss., COMMERCE, Ga., and STAUNTON, Va. — Senior Living Investment Brokerage (SLIB) has arranged the sale of four seniors housing communities throughout the Southeast.

September 3, 2019

Acquisitions Massachusetts News

Cushman & Wakefield Arranges Sale of Two Communities in Metro Boston

by Jeff Shaw September 3, 2019

WOBURN and NORWOOD, Mass. — Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of two seniors housing communities in the Boston suburbs.

September 3, 2019

California News Operations People

Oakmont Senior Living Names Ferdinand Buot as Executive Director of Community in California

by Jeff Shaw September 3, 2019

SANTA ROSA, Calif. — Oakmont Senior Living has hired Ferdinand Buot as the new executive director of Oakmont of Varenna, a continuing care retirement community in Santa Rosa.

September 3, 2019

Features News

No Indication Recession is Imminent, Says Economist Roger Tutterow

by Jeff Shaw August 30, 2019

ATLANTA — Expect the U.S. economy to remain in an expansion mode through early 2020, effectively staving off the threat of recession, but look for the pace of growth to continue to slow.

August 30, 2019

Affordable Housing Development Investment News Washington

Sortis Provides Funding for $59.8M Opportunity Zone Project in Washington

by Jeff Shaw August 30, 2019

TUKWILA, Wash. — Sortis Holdings Inc. (SOHI), a Portland-based private equity firm, has provided equity funding for Tukwila Village Phase II, a mixed-income senior living development in Tukwila, approximately 10 miles south of Seattle.

August 30, 2019

Acquisitions Maryland News Skilled Nursing Virginia

Capital Funding Provides $36.9M Acquisition Financing for Two Facilities in Mid-Atlantic

by Jeff Shaw August 30, 2019

DUNN LORING, Va., and SILVER SPRING, Md. — Capital Funding has provided $36.9 million in financing for private equity firm The Portopiccolo Group to acquire two skilled nursing facilities in the Mid-Atlantic region.

August 30, 2019

News Ohio Operations

Blueprint Arranges Operator Switch at Skilled Nursing Facility in Toledo

by Jeff Shaw August 30, 2019

TOLEDO, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the re-tenancy of a 150-bed skilled nursing facility in Toledo.

August 30, 2019

News People

Brookdale Nominates Vicki Freed, Guy Sansone as New Independent Directors

by Jeff Shaw August 30, 2019

BRENTWOOD, Tenn. — The Board of Directors of Brookdale Senior Living Inc. (NYSE: BKD) has unanimously nominated two new independent director candidates, Vicki Freed and Guy Sansone, to stand for election at the company’s 2019 Annual Meeting of Stockholders.

August 30, 2019

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