BRENTWOOD, Tenn. — Brookdale Senior Living (NYSE: BKD) has announced that Lucinda (Cindy) Baier has stepped down as president and chief executive officer of the company, effective April 13. According to Brookdale, the largest U.S. seniors housing operator based on the American Seniors Housing Association’s 2024 ASHA 50 rankings, the company entered into a separation agreement with Baier and has initiated a search for a new CEO. Baier also resigned from Brookdale’s board of directors. Baier first joined the company in February 2018. Prior to becoming the CEO, she served as Brookdale’s chief …
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WESTLAKE VILLAGE, Calif. — Doug Korey, an industry professional with more than 40 years of experience in the seniors housing sector, has retired. Most recently, Korey served as managing director of business development for LTC Properties. According to the company, Korey is departing to focus on his family and health. A member of the American Health Care Association and the American Seniors Housing Association, he originated and structured billions of dollars in health care real estate transactions throughout his career and was engaged in the broader seniors housing and care landscape. …
NEW YORK CITY — Amy Heller has joined Meridian Capital Group as a senior managing director with the firm’s senior housing and healthcare group. Founded in 1991, New York City-based Meridian is a commercial real estate finance, investment sales and retail leasing advisor. Meridian serves as a financial intermediary for commercial seniors housing and healthcare properties in the U.S., covering both debt brokerage and investment sales across skilled nursing, seniors housing and medical office properties. In 2024, the firm originated a total of roughly $4.7 billion in healthcare-related debt financing for …
NEWPORT BEACH, Calif. — Senior living developer and operator Clearwater Living has promoted Danielle Morgan to the role of chief executive officer with the company. Morgan, who joined Clearwater in 2017, has more than 30 years of experience in the financial services and senior living industries. Prior to joining Clearwater, Morgan held the role of chief operations officer of MBK Senior Living. She also serves on the board of directors for the California Assisted Living Association (CALA) and as a member of the executive board for the American Seniors Housing Association …
COLUMBUS, Ohio — Nonprofit organization National Church Residences has appointed new leaders of its board. Both longstanding board members, Virginia Barney and Rob Maloney will serve as chair and vice chair of the board, respectively. Barney succeeds Greg Overmeyer, who has served in the role since 2022. Barney’s experience includes more than 30 years of leadership in the private and public sectors, including tenures as the city manager, councilwoman and mayor of the City of Upper Arlington in Ohio. “I’m looking forward to working with my board colleagues and the staff …
CLEVELAND — Industry veterans Ken Gould and Jason Dopoulos have launched Ikaria Capital Group, a platform specializing in debt solutions including bridge loans, recapitalizations, refinancings, construction and permanent financing, FHA/HUD loans and working capital lines of credit. Cleveland-based Ikaria will feature a focus on skilled nursing and seniors housing facilities. Currently, the Ikaria team is processing a more than $1 billion pipeline of bridge loans through FHA/HUD. Gould and Dopoulos previously worked with Lancaster Pollard and White Oak Healthcare Partners, respectively. “We are dedicated to this sector and have specifically created …
FORT WAYNE, Ind. — Priority Life Care (PLC) has appointed Bobby Petras to the role of president. Petras previously served as chief operating officer (COO) of the company. Dave Kloster, who has been with PLC for three years, will take over the role of COO. Petras, who is also a co-founder of Fort Wayne-based PLC, will now concentrate on strategic initiatives and operational practices that align with the company’s growth objectives. “I look forward to working closely with our capital partners and ensuring that we implement effective operational practices as we …
NORTH PALM BEACH, Fla. — Management company AgeWell Solvere Living has appointed Rich Gordon to the role of chief strategy officer (CSO). Gordon has been with AgeWell for three years and has more than 20 years of experience in the seniors housing sector. As CSO, he will lead the company’s long-term strategic direction and business development efforts. “We are thrilled to provide this advancement opportunity to Rich,” says Mark Lichtenwalner, CEO of AgeWell Solvere Living. “Over the years, he has demonstrated exceptional strategic thinking, an ability to execute on complex initiatives and …
SAN DIEGO — As of Jan. 1, Mark Myers has joined SVN Senior Living Advisors (SVN SLA) as a managing director. Myers will also serve as a member of the executive committee. Myers joins an existing team that includes Tony Yousif, Torey Riso, Don Husi, John Klement, Joshua Salzman, Aaron Thompson, Jacob Bennema, Fabio Riso, Shelly Bird and Michael Watson. According to a press release issued by the firm, Myers specializes in large, complex transactions. He recently facilitated the sales of a 76-facility, 5,000-unit portfolio and a 400-bed portfolio. “We’re thrilled …
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced its 2025 Senior Living Hall of Fame inductees. Rev. Laverne Joseph and Beth Burnham Mace will be inducted this month at ASHA’s annual meeting Jan. 27-29 in Phoenix, joining a roster of 27 previous honorees. The individuals were selected by the Senior Living Hall of Fame selection committee, which is chaired by Larry Cohen of Trustwell Living. Other members include Lois Bowers (McKnight’s Senior Living), Steve Monroe (The SeniorCare Investor), Tim Regan (Senior Housing News) and Matt Valley (Seniors Housing Business). …