IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has completed the $23.6 million acquisition of a 113-unit seniors housing property in Jasper, Indiana. The deal is a sale-leaseback transaction with the seller and operator, Legacy Living. The asset opened…
Senior living communities grapple with a severe worker shortage, responding with innovative approaches and programs. By Jane Adler “Help Wanted!” “Now Hiring!” The urgent signs posted everywhere from grocery stores to job boards reveal the depth of the labor shortage…
Is your labor and staffing situation better, worse or the same as it was earlier in 2021, and why? Focus on engagement By Monica Friedman Chief HR Officer LCS We are continuing to experience staffing challenges to a greater degree…
As more and more traditional seniors housing developers dip their toes into active adult, one of the challenges is understanding how this newest segment is both similar and different from independent living, assisted living and memory care. Perhaps most importantly,…
What can traditional seniors housing operators learn from successes in the active adult community segment, especially when it comes to generating interest and inquiries? How can active adult communities improve their own marketings strategies? These were the questions that Seniors…
BOISE, Idaho, and TRINITY and DE SOTO, Texas — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the operations of two skilled nursing facilities in Texas and one in Idaho. The portfolio includes: River Pointe of Trinity Healthcare and Rehabilitation…
CHICAGO and LAKE OSWEGO, Ore. — Eclipse Senior Living has announced plans to cease operations in early 2022 as its main landlord, Chicago-based Ventas, moves its 90 Eclipse-managed communities to other operators. Ventas cited a desire to move to more…
Seniors housing owners struggling with low occupancy and maturing debt have found themselves in a state of financing limbo. Preferred lenders that cater to the industry, including FHA/HUD, Fannie Mae and Freddie Mac, won’t consider providing a mortgage to properties…
On Sept. 28, Seniors Housing Business and sponsor V&IG hosted the webinar “Seniors Housing Valuation Outlook — Fundamental Marketplace Drivers in Today’s Environment“. Seniors housing experts spoke candidly about factors like labor shortages and the spread of the Delta variant…
NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC), a Newton-based REIT, has added five assisted living communities in Wisconsin totaling 300 units to its existing management agreement with Cedarhurst Senior Living within its seniors housing operating portfolio (SHOP). Additionally, DHC…
On Sept. 22, Seniors Housing Business and sponsor ecobee hosted the webinar “Seniors Housing: Using Technology to Reduce Operational Costs & Enhance the Resident Experience.” With the need to reduce energy use and protect employee time (while limiting unnecessary interactions with…
NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has entered into a new management agreement with Northstar Senior Living for five memory care communities and one assisted living community in California, and one assisted living community in Arizona, totaling 422…
MIDWEST CITY, Okla. — SilverPoint Senior Living has assumed operations of Fountainbrook Assisted Living, a 74-unit community located in the Oklahoma City suburb of Midwest City. “As SilverPoint has continued to expand throughout Texas, it made sense to continue our…
BEAUMONT, Texas — Buckner Retirement Services has named David Ummel as the new executive director of Calder Woods, a seniors housing community in Beaumont. Ummel joins Buckner Retirement Services, the operator of Calder Woods, after 13 years working for Buckner…
ATLANTA — Seniors housing operators have been grappling the past 18 months with how to maintain their properties and keep occupancy high while also protecting their staff and residents, who are the most vulnerable population for infections and death from…
WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a Westlake Village-based real estate investment trust that primarily invests in seniors housing and health care properties, has unveiled plans to transfer 11 skilled nursing facilities in Texas to a new…
CARLSBAD, Calif. — Integral Senior Living (ISL), a Carlsbad-based operator, has taken over management of six senior living communities in Indiana and Michigan. The company also named Adam Parton as regional vice president of operations and Brandy Ross as regional…
SEBASTIAN, Fla. — Watercrest Senior Living Group has promoted James Brassard to executive director of Pelican Landing Assisted Living and Memory Care in Sebastian. The former executive director, Michelle Miller, was recently promoted to regional director of clinical operations. Brassard…
ASHLAND CITY, Tenn., and KENNESAW, Ga. — Veritas Senior Living, an operator based in Tennessee, has added Vantage Pointe Village in Ashland City and Gaines Park Senior Living in Kennesaw into its portfolio. The new communities will bring Veritas’s total…
EAST AMHERST, N.Y. — Sunshine Retirement Living has hired Marion “Mimi” Piciullo as the new executive director of Juniper Glen Assisted Living and Memory Care in the Buffalo suburb of East Amherst. Piciullo is responsible for all day-to-day management and…
ATLANTA — Even before the pandemic struck the United States in early 2020, rising labor costs were putting downward pressure on margins for seniors housing owners and operators. The public health and economic crises stemming from COVID-19 have only amplified…
ATLANTA — Isaakson Living has hired Brandon O’Ree as the new executive director of The Terraces at Peachtree Hills Place, an assisted living, memory care, skilled nursing and short-term rehabilitation community in Atlanta’s upscale Buckhead neighborhood. O’Ree will be responsible…
Are owners replacing third-party operators at a faster rate than in the past and, if so, what’s driving the trend? Consider multiple factors By Wendy Nowokunski Co-Founder, President Northbridge Companies There has been an uptick in replacing third-party management…
COVID-19 made clear the need to overhaul technology capabilities in senior living facilities everywhere. The next wave of senior care’s tech evolution will encompass what the pandemic highlighted: a need for technologies that not only enhance residents’ physical safety, but…
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…