Operations

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 for daily operations, including management, staffing and regulatory compliance of the 85-unit community. O’Ree has previously led teams at continuing care retirement communities (CCRCs) and senior healthcare facilities throughout the Southeast, including recently directing the daily operations for three properties encompassing 111 independent living apartments, 131 assisted living apartments and …

0 FacebookTwitterLinkedinEmail

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 companies. The questions that need to be asked are: Why and at what cost? Oftentimes, investors and owners attribute non-performance of an asset or assets solely to the operator without asking critical questions. Is it a market issue, the product itself, the labor market, or does the on-site management need …

0 FacebookTwitterLinkedinEmail
Direct Supply seniors housing technology

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 their holistic wellbeing as well.  The pandemic also brought to light a renewed focus on the importance of integrated technologies that improve staff efficiencies. As we explore the next generation of senior living’s technology evolution, it’s important to remember the foundation to all technology advancements: reliable Wi-Fi. The ability to …

0 FacebookTwitterLinkedinEmail

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 so many losing jobs in the hospitality sector, among others, would this be a chance for operators to snatch up those workers? Unfortunately, it appears that did not come to fruition. “When the pandemic started and there were so many layoffs in the hospitality industry, I thought ‘Here we go. …

0 FacebookTwitterLinkedinEmail

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 landlords, a family-owned owner-operator that is seeking retirement. Throughout the pandemic, the facility struggled to maintain census and keep up with new requirements from licensing, ultimately leading to a licensing revocation hearing. A local operator seeking to convert the building to an adult residential facility was the successful bidder. The …

0 FacebookTwitterLinkedinEmail

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 experience to the community. She started as an active living director at a retirement community and has held a variety of positions within the industry including activity director, director of resident services and marketing director, and previously served as executive director of another community in California. Koelsch also hired Terrie …

0 FacebookTwitterLinkedinEmail

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 will manage communities in Georgia and South Carolina; and Phoenix Senior Living will manage communities in Alabama, Arkansas, Kentucky, Missouri, North Carolina and South Carolina. These three agreements represent approximately 61 percent of DHC’s seniors housing operating portfolio (SHOP) communities to be transitioned from Five Star Senior Living Inc. (NASDAQ: …

0 FacebookTwitterLinkedinEmail

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 to expand its regional footprint within the state. Details on the owner and name of the property were not released.

0 FacebookTwitterLinkedinEmail

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 throughout the southeast. Autumn Cove Assisted Living will add to the growing Alabama senior living holdings by Phoenix.

0 FacebookTwitterLinkedinEmail

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 amazing coastline setting of Corpus Christi,” says Shawn Corzine, CEO at SilverPoint Senior Living.

0 FacebookTwitterLinkedinEmail