The Dec. 7 webinar “What Will 2024 Hold for Seniors Housing Investment & Acquisition Activity?” covered where the industry stands now and how experts are preparing to succeed in 2024. Webinar panelists listed factors like interest rates, wages, insurance costs, inflation, margin compression, resident move-ins and bank short sales as market indicators for the health of seniors housing. Learn their outlook and forecasts for what the industry may face in the new year. The speakers covered transaction activity, cap rate trends, capital availability and pricing, as well as the …
CHICAGO — JLL announced has hired Anthony Marten as a principal and healthcare division sales lead for its solutions development team. In this new role, he is responsible for developing sales strategies, strengthening relationships with clients’ executive teams and leading solutions opportunities. Marten’s career in in project management, lease administration, integrated facilities management, transaction management and strategic planning spans 25 years and two continents. He began his commercial real estate career with JLL in 1998 and served in various roles until 2007, gaining experience in healthcare, life sciences, financial services …
SKOKIE, Ill. — Covenant Living Communities and Services, a nonprofit, faith-based senior living organization headquartered in Skokie, has announced that CEO Terri Cunliffe will retire in the spring of 2024 from Covenant Living after 34 years with the organization. Cunliffe started her career in 1987 as an administrator in training at Covenant Living of Golden Valley in the Minneapolis metropolitan area. While working to obtain her healthcare administrator license, she was asked to move to Florida to help open a new assisted living community at Covenant Living of Florida. She …
AURORA, Colo. — Anthem Memory Care has named Iva Prinsen as executive director for Chelsea Place in Aurora. In this capacity, she will oversee all daily care, programming and operations. Prinsen previously was executive director for Springbrooke Senior Living in Denver. She also served as the licensed nursing home administrator for Azria Health in Blue Hill, Nebraska. Prinsen brings over 35 years of senior living experience to this position. She earned a bachelor’s degree from Stevens-Henager College in Salt Lake City.
NEWARK, Del. — Kendal, a Newark based nonprofit owner of large-scale continuing care retirement communities (CCRCs), has hired Vassar Byrd as CEO. She will join the organization in January. Byrd previously led Rose Villa, a CCRC in Portland, Oregon, through a 10-year transformation before announcing her plans to move on this summer. She also recently served as president of LeadingAge Oregon’s Board of Directors. Amy Harrison, who has served as interim CEO since the beginning of the year, will resume her role as chief financial officer.
GENEVA, Ill. — Lifespace Communities has promoted Elijah Heyboer to executive director at GreenFields of Geneva, a senior living community in Geneva, approximately 40 miles west of Chicago. Heyboer originally joined Lifespace as administrator of the GreenFields’ health center in March before becoming interim executive director in September. Prior to joining Lifespace, Heyboer served as human resources director at Park Place of Elmhurst, a Providence Life Services senior living community, before becoming healthcare administrator, where he oversaw subacute rehab, long-term care, assisted living and memory care. Heyboer earned a bachelor’s …
RALEIGH, N.C. — K4Connect, a Raleigh-based provider of enterprise technologies for the senior living industry, has appointed Mike Weller as CEO. Weller assumes this role after serving as chief operating officer of K4Connect, and will oversee the company’s growth strategy and continued development of its FusionOS integration and data platform. K4Connect’s co-founder and former CEO, Scott Moody, will continue to work closely with Weller through the transition and will continue to serve on the company’s board of directors. “Over the past decade, Jonathan Gould and I embarked on a journey …
NEWTON, Mass. — Diversified Healthcare Trust (NASDAQ: DHC) has appointed Christopher Bilotto as president and CEO, effective Jan. 1, 2024. Bilotto is an executive vice president of The RMR Group (NASDAQ: RMR), overseeing portfolio management for all office, industrial and retail properties managed by RMR and hotel and senior living asset management, as well as development and redevelopment across the United States. Prior to joining RMR in 2011, he worked at General Growth Properties in various management roles. Bilotto succeeds Jennifer Francis, who is retiring from RMR on July 1, …
DES MOINES, Iowa — Life Care Services, An LCS Company, has promoted Kyle Exline to the role of senior vice president, director of operations management for life plan communities. Exline started his career with Des Moines-based LCS in 2008 and has impacted occupancy, operations improvement, development and building strong teams over his 15-year tenure. Along the way, he gained experience in for-profit, nonprofit, LCS-owned, LCS-managed and rental communities. Exline will assume responsibility for the strategy and operations of 18 LCS equity-owned life plan communities and will oversee a team of …
BALA CYNWYD, Penn. — LCB Senior Living has named Ashley Russo as executive director of The Residence at Bala Cynwyd, an assisted living and memory care community in the Philadelphia suburb of Bala Cynwyd. Russo holds master’s degrees in gerontology and health administration from the University of Southern California, as well as a bachelor’s degree in communications from Rider University. She is a Certified Assisted Living Administrator, a Certified Dementia Practitioner, and is pursuing a license as a Personal Care Home Administrator. Russo has 15 years’ experience in the senior …