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Grace Management Inc. Hires Max Rasquinha as National Director of Dining Services

by Jeff Shaw

MAPLE GROVE, Minn. — Grace Management Inc., a Maple Grove-based operator, has hired Max Rasquinha as national director of dining services. Rasquinha will provide direction, support and training for dining services to all of Grace Management senior living communities throughout the country. Rasquinha has worked in the hospitality industry for more than 25 years. He has a degree in administrative management from the University of Houston and 17 years of restaurant management experience with the Pappas Restaurant group, Landry’s Hospitality and Carlson Restaurants. In 2006, Rasquinha joined the senior living …

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Company NewsNewsOperations

Five Star Senior Living Rebrands as AlerisLife, Announces Two C-Suite Appointments

by Jeff Shaw

NEWTON, Mass. — Five Star Senior Living Inc. (NASDAQ: FVE), a Newton-based operator, has rebranded as AlerisLife Inc. The company’s common shares now trade on the Nasdaq stock market under the new ticker symbol ALR. Aleris is a Latin word meaning “to foster, nourish and develop,” signifying the company’s intent to continue fostering, developing and expanding its lifestyle services. The name change reflects the company’s organizational restructuring over the past two years and its strategic decision to continue delivering a resident experience to senior living and active adults, while also …

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AcquisitionsArizonaCaliforniaNewsOperationsWashington

Pennant Group Transfers Operations of Five Communities in the West to Ensign Group

by Jeff Shaw

EAGLE, Idaho — The Pennant Group Inc. (NASDAQ: PNTG), an Eagle-based REIT, has agreed to transfer the operations of five senior living communities to affiliates of The Ensign Group Inc. The five communities are located in Washington, Arizona and California and are co-located with skilled nursing facilities already operated by affiliates of Ensign. The transaction is anticipated to occur across separate closings in the first half of 2022, subject to receipt of third-party approvals and other customary closing conditions. On the same day, Pennant Group announced that it has entered …

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IndianaNewsOperationsPeople

Sunshine Names Erika Hamilton as Executive Director of Heritage Point in Mishawaka, Indiana

by Jeff Shaw

MISHAWAKA, Ind. — Sunshine Retirement Living has named Erika Hamilton as executive director at Heritage Point Assisted Living and Memory Care in Mishawaka, a suburb of South Bend near the Michigan border. Hamilton is a licensed healthcare facility administrator (HFA) with nearly a decade of experience in the senior living and healthcare industries. As executive director, Hamilton is responsible for all day-to-day management and operations of the community, including financials, marketing, government and community relations. She will also oversee all health and safety programs including new heightened procedures and protocols …

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NewsOperationsPeople

Claiborne Senior Living Adds Danielle Anderson, Nazima Drumm to Corporate Management Team

by Jeff Shaw

HATTIESBURG, Miss. — Claiborne Senior Living, a Hattiesburg-based operator, has hired Danielle Anderson and Nazima Drumm to its corporate management team. Anderson assumes the position of regional director of operations where she will be responsible for overall operations management at assigned communities in addition to other key projects. Prior to joining Claiborne, she served as vice president of care and programs for Galerie Living, a privately held management and development company. She has also served as a business officer director, executive director and chief compliance officer over the years. Drumm …

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NewsOperations

Transforming Age Names Jeff Slichta as Executive Vice President of Housing, Hospitality

by Jeff Shaw

BELLEVUE, Wash. — Transforming Age, a nonprofit operator based in Bellevue, has hired Jeff Slichta as executive vice president of housing and hospitality. Slichta brings more than 25 years of senior living leadership experience and joins Transforming Age after 10 years with Sunrise Senior Living where he held the role of senior vice president of housing for the West Division. He was responsible for 150 senior living communities, 15,000 residents and 13,000 team members. Slichta joins Transforming Age at an time of growth in the organization’s 64-year history. Last week …

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MassachusettsMemory CareNewsOperationsPeople

Anthemion Senior Lifestyles Names Maria Lastoria as Executive Director of The Cordwainer in Norwell, Massachusetts

by Jeff Shaw

NORWELL, Mass. — Anthemion Senior Lifestyles has named Maria Lastoria the executive director of The Cordwainer, a memory care community scheduled to open in 2022 in the Boston suburb of Norwell. Lastoria has more than 30 years’ experience in senior living, and was recently named Executive Director of the Year by the Massachusetts Assisted Living Association. Lastoria previously served as regional director of operations overseeing six senior living communities in New England and has held several executive director roles within assisted living, memory care and luxury independent living communities. In …

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IllinoisNewsOperationsPeople

Lifespace Communities Appoints Dan Bannon as Executive Director of Beacon Hill in Lombard, Illinois

by Jeff Shaw

LOMBARD, Ill. — Lifespace Communities has appointed Dan Bannon as executive director of Beacon Hill retirement community, a senior living community located in the Chicago suburb of Lombard. Bannon has extensive hospitality and senior living experience. He most recently served as executive director for Marian Village and Franciscan Village in the Chicago area. Bannon earned his bachelor’s degree in business administration from the University of Saint Francis in Joliet.

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FinanceNewsOperationsTexas

Edgemere Dallas, Lifespace Communities Enter Forbearance Agreement

by Jeff Shaw

DALLAS — Continuing care retirement community Edgemere Dallas and its owner-operator Lifespace Communities have entered into a forbearance agreement with UMB Bank as lender and Intercity Investment Properties as lessee. The forbearance is intended to provide the time necessary to proceed with ongoing discussions towards a consensual agreement among the parties designed to strengthen the community’s financial position for the long term and achieve a more sustainable future, according to Lifespace. During the forbearance period, the parties agree to work cooperatively to reach a consensual resolution of the bonds and …

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