Hiring and retaining good employees was already one of seniors housing operators’ top challenges before the COVID-19 pandemic struck. Despite the many new problems that the outbreak presented, many in the seniors housing industry saw a potential silver lining: With
…
MODESTO, Calif. — JCH Senior Housing Investment has arranged the triple-net lease of a 68-unit, 120-bed assisted living and memory care community in Modesto, approximately 80 miles south of Sacramento. The team at JCH led a marketing campaign for the
…
ELK GROVE, Calif. — Koelsch Communities has named Irene Charnell as executive director of The Park at Laguna Springs, a 129-unit independent living community in the Sacramento suburb of Elk Grove. Charnell brings more than 15 years of senior living
…
NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has entered into three new management agreements for 66 of its seniors housing communities totaling 4,084 units. Charter Senior Living will manage communities in Florida, Maryland, Tennessee and Virginia; Oaks-CaraVita Senior Care
…
CULVER CITY, Calif. — Blueprint Healthcare Real Estate Advisors has arranged a management transition at an independent living and assisted living community in Culver City, a suburb of Los Angeles. Blueprint negotiated a third-party management agreement with an operator looking
…
ANNISTON, Ala. — Phoenix Senior Living has assumed management of Autumn Cove Assisted Living, located in Anniston, approximately midway between Birmingham and Atlanta. Phoenix Senior Living, founded in 2014, is a privately held senior living operator with over 30 communities
…
CORPUS CHRISTI, Texas — SilverPoint Senior Living has partnered with Titan Development to assume operations of Élan Corpus Christi, a 113-unit luxury senior living community located in Corpus Christi. “Élan Corpus Christi is an absolutely beautiful community that reflects the
…
FRISCO, Texas — SilverPoint Senior Living has formed a new partnership with La Fontaine Memory Care under which SilvrePoint will manage La Fontaine of Frisco in Frisco, a suburb of Dallas. “As SilverPoint is continuing to grow, we want to
…
ROCHESTER, Minn. — Athem Memory Care has named Theresa Bigalk as executive director of Cascade Creek, a new Anthem Memory Care community scheduled to open this summer in Rochester. She will oversee all daily operations and care at the community.
…
Technology can replace some functions in senior living, but not human connection. By Serena Lipton, JLL Valuation & Advisory Services “The COVID-19 crisis has created a tremendous opportunity for the industry to evolve into a new set of realities. More
…
Regional operator keeps it in the family. By Jeff Shaw It’s rare to encounter a company whose name is fitting on several levels, but that’s exactly the case with Generations LLC, an Oregon-based owner and operator. For starters, the name
…
ST. CHARLES, Mo. — Arrow Senior Living, a St. Charles-based operator, has announced 21 promotions in 2021, growing in nearly every department and expanding its executive leadership team. Among those shifting to more senior roles are six executive-level promotions. Cassie
…
On June 15, Seniors Housing Business hosted the webinar “HVAC and Seniors Housing — Reduce Costs and Achieve Value in Senior Living Properties.” Panelists took a deep dive into the benefits of HVAC systems, particularly variable refrigerant flow (VRF) systems, and how
…
By Sarah Daniels Planning ahead is never easy, but in the world of senior living construction, acquisitions and renovations, it makes everything that follows easier — and often more cost effective in the long term. The need to future-proof seniors housing
…
MOUNT VERNON, SHORELINE, LAKEWOOD and VANCOUVER, Wash. — The Ensign Group, Inc. (NASDAQ: ENSG) will take over operations of four skilled nursing facilites in Washington. The owner, CareTrust REIT Inc. (NASDAQ: CTRE), is transferring the operations from Five Oaks Healthcare.
…
How do owners, operators, investors, developers and lenders view valuation in seniors housing? Seniors Housing Business and sponsor V&IG hosted the webinar “Seniors Housing Valuation Outlook — What’s Next Now that the Pandemic End is in Sight?” to weigh in as trends
…
By Mark Lawrence, Oakmont Assisted Living Residents of assisted living facilities across the nation are getting vaccinated in large numbers. Nearly 4.9 million residents and staff in long-term care have received at least one shot. With the vaccination rate increasing
…
BOISE, Idaho — Blueprint Healthcare Real Estate Advisors has arranged the installation of a new operator at Valley View Nursing & Rehabilitation, a skilled nursing facility in Boise. The 120-bed facility is a component of a larger campus that includes
…
MINNEAPOLIS and BLOOMINGTON, Minn. — Lifesprk, a Minneapolis-based community-based services provider, has announced plans to acquire Tealwood Senior Living, a Bloomington-based operator with 35 seniors housing communities. “The current senior housing market, accelerated by the pandemic, created significant opportunity to
…
Seniors housing technology has long been focused on health and safety — keeping residents safe from falls, managing medicines and addressing health changes that require a doctor’s oversight. But the future of seniors housing may lie more in the direction
…
MAPLE GROVE, Minn. — Grace Management Inc., a Maple Grove-based operator, has hired Sarah Moriyama as national director of hospitality and engagement. Moriyama will provide support, inspiration and training for hospitality and engagement to all of Grace Management’s senior living
…
SCOTTSDALE, Ariz. — Cadence Living, a Scottsdale-based operator, has hired Randi Cohen as vice president of media and marketing. Cohen will have principal responsibility for all media and marketing strategy of Cadence’s growing portfolio of senior living communities. Cohen brings
…
LEANDER, Texas — True Connection Communities (TCC) has expanded its operating platform with the addition of Skye Luxury Senior Living, a 156-apartment independent living community in Leander, a northwestern suburb of Austin. A value-add opportunity, TCC plans to upgrade the
…
WALTHAM, Mass. — EPOCH Senior Living has promoted Kristine Tilton from an executive director position to vice president of operations for Waterstone Senior Living. Tilton will now be responsible for the operational oversight of all current and future communities. Waltham-based
…
SEBASTIAN, Fla. — Watercrest Senior Living Group has promoted Michelle Miller to executive director of Pelican Landing Assisted Living and Memory Care in Sebastian. Miller will replace Kim Sviben, who was recently promoted to area director of operations. Miller joined
…
NASHVILLE, Tenn. — A little over a year after visitor restrictions were put into place to help protect residents from COVID-19, Brookdale communities across the country are now able to lift those restrictions to allow both outdoor and indoor visits,
…
VERO BEACH, Fla. — Watercrest Senior Living Group has promoted Kim Sviben to the role of area director of operations, leading the company’s growing Southeast portfolio. Sviben joined the Watercrest family in 2017 as resident wellness director, later becoming executive
…