FORT WAYNE, Ind. — Priority Life Care (PLC), a Fort Wayne-based operator, has promoted Mark Starks to senior vice president of operations, David Kloster to vice president of operations and Marisa Williams to senior director of sales and training. Starks…
ST. LOUIS — Chapters Living, a St. Louis-based assisted living operator, has hired Becky Kaufmann and Tyler Brady to its team. Kaufmann joins Chapters as the senior vice president of quality of life and memory support. With over 16 years…
FRISCO, Texas — Ridgeline Management Co. has taken over operations of Parsons House of Frisco, renaming the property The Ridge at Frisco. The Ridge at Frisco is a three-story assisted living community that has served the Frisco area since 2001.…
PHILADELPHIA — It is common to hear operators proudly profess that it’s their culture that allows them to be top employers in the seniors housing industry, helping to face the massive labor shortage within the sector. However, “culture” can be…
FORT WASHINGTON, Pa. — Acts Retirement-Life Communities, a nonprofit operator based in Fort Washington, has added James Glynn, Heinz Hegmann and Dr. Daniel Middlebrooks to its board of directors. Glynn is co-founder (now retired) of GlynnDevins, one of the leading…
In an uncertain time for the seniors housing industry, the “What Will 2023 Hold for Seniors Housing Investment & Acquisition Activity?” webinar focused on what’s influencing the landscape now and what is likely to affect it in the near future.…
INDIANA — Blueprint Healthcare Real Estate Advisors has arranged an operator switch for a portfolio of 19 skilled nursing facilities and nine assisted living communities in Indiana. The owner is a joint venture group and the new operator is a…
WESTMONT, Ill. — Cambridge Realty Capital Cos. has provided a $18.1 million HUD Lean loan to refinance Bria of Westmont, a skilled nursing facility in Westmont, approximately 20 miles west of downtown Chicago. Andrew Erkes, Cambridge President, said Cambridge provided…
By Sara Aristizabal, Delos Labs For over two years, people in the United States and around the world have lived under varying levels of precautionary measures to control the outbreak of COVID-19. Mandatory masking, vaccinations, social distancing and stay-at-home restrictions…
DALLAS — Buckner Retirement Services, a Dallas-based operator, has named Allison Vanderford to the position of senior director of sales. Vanderford will provide sales leadership and strategic support for the six Texas communities operated by the faith-based, nonprofit senior living…
TUCSON, Ariz. — 12 Oaks Senior Living has taken over operations of Copper Canyon Memory Care & Transitional Assisted Living in Tucson. 12 Oaks intends to expand and enhance the service offerings at the community while restoring stability and planning…
DES MOINES, Iowa — LCS, the nation’s third-largest senior living operator, has promoted GeLynna Shaw to the role of executive vice president of operations/senior living management. Effective Jan. 1, she will be responsible for supporting Chris Bird, president and chief…
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA), an Irvine-based investor, plans to transition a 24-property portfolio previously leased to North American Health Care Inc. to two of Sabra’s existing tenants: The Ensign Group (NASDAQ: ENSG) and the…
TUCSON, Ariz. — 12 Oaks Senior Living has acquired the operations of Copper Canyon Memory Care & Transitional Assisted Living in Tucson. 12 Oaks Senior Living intends to expand and enhance the service offerings at this community while restoring stability…
LITTLETON, Colo. — Anthem Memory Care has named Lebana Prahl as executive director of Willowbrook Place in the Denver suburb of Littleton. She will oversee all daily care, programming and operations. Prahl previously was executive director for HighPointe Assisted Living…
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…
The seniors housing market has had its fair share of well-documented struggles, including plunging occupancies during COVID-19 and continuing labor challenges. Like the rest of the commercial real estate market, the sector is now confronting higher interest rates and recession.…
IRVINE, Calif. — Oakmont Senior Living, an Irvine-based operator with 44 communities located across California and Nevada, has promoted four employees to executive leadership positions within the growing company. Andrew Moret was promoted to vice president of culinary operations from…
WASHINGTON, D.C. — The seniors housing industry needs to improve overall customer service to deliver a more engaging and enriching product, according to William Swearingen, senior vice president of Spectrum Retirement Communities, a Denver-based owner and operator that offers independent…
The Oct. 11 webinar “No Crystal Ball… But Let’s Talk About the Outlook for Seniors Housing Investment and Finance,” featured industry experts discussing market confusion and uncertainty — what is happening now and what may happen in the fourth quarter of 2022 and into 2023.…
DALLAS —12 Oaks Senior Living, a Dallas-based operator, has add three to its solutions team. Nesley Fortenberry, who joins the team as a sales consultant, brings 10 years of senior living experience. She started her career as sales manager at…
Operating margins are shrinking, with cap rates becoming harder to calculate and in-place cash flows lower than pre-pandemic levels. The Sept. 22 webinar “The Great Squeeze — Vanishing Seniors Housing Operating Margins” focused on the bottom line for…
HOUSTON — The Buckingham, a continuing care retirement community in Houston, has named Philip Jacob as its new executive director. Jacob joined the community as a health care administrator in 2011, and mostly recently served as interim executive director. He…
HOUSTON — Bridgewood Property Co. has officially launched The Aspenwood Company, an operator with a focus on the Southeast and Central U.S. Bridgewood has hired Heather Tussing as president of the new, Houston-based Aspenwood. She brings over 20 years of…
ROCKWALL, Texas — Ridgeline Management Co. has hired M. Christopher Dover as chief financial officer. Dover is a healthcare financial operations executive with 22 years of experience in the healthcare industry, including general acute care hospitals, medical groups, senior living…
By Brad Frasher, Executive Vice President, Glennis Solutions There’s no question that digital technologies will have new and increasingly important roles to play in nearly every aspect of senior living. But with the complex regulatory and safety environments in which…
On Sept. 8, Seniors Housing Business hosted a panel discussion called “The Rise of TikTok — How Student Housing Operators Can Generate Leases with TikTok” where four seniors housing industry experts spoke about streamlining and improving resident care. Tech…