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Measuring Labor Productivity Can Lead to Powerful Insights

by Jeff Shaw

By Dan Lindberg, founder and principal, Applied Economic Insight Labor shortages took center stage for business leaders and economists across many sectors of the economy during the Great Resignation toward the end of the COVID-19 pandemic.  Such shortages, however, are nothing new for seniors housing and care providers. While required staffing ratios and regulations add to this, at heart seniors housing is an operationally intensive business. It takes people to serve people.  That said, labor is a two-sided coin. On the first side, we have staffing levels measured in terms …

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ArizonaCaliforniaCCRCNewsPeople

LCS Promotes Two Executive Leaders

by Jeff Shaw

PHOENIX — Life Care Services has updated its executive team roster with two internal promotions and a new hire. Stewart Ingram was promoted to regional operations manager for Life Care Services (LCS). He has been working with Sagewood and its parent company, LCS, for more than 31 years and was Sagewood’s executive director for 17 years. In his new role, Ingram will oversee the operations of LCS-managed communities in the San Diego and San Francisco Bay markets. To fill the position of executive director at Sagewood, an LCS community in …

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FinanceNewsPeople

Newmark Expands Finance Group with Hire of Bill Fishel

by Jeff Shaw

LOS ANGELES — Newmark has hired capital markets debt and structured finance veteran Bill Fishel as executive vice chairman.  Fishel specializes in raising debt and equity capital for institutional-grade assets and developments across North America, with a particular focus on structured finance. He will report to Chad Lavender, president of capital markets for North America at Newmark. In his 14-year career, Fishel has executed over $15 billion in financing for a wide range of asset classes, including retail, office, multifamily, industrial, hospitality, single tenant, land and data center properties. His …

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Covenant Living Names Jay Prince as Vice President of Community Operations

by Jeff Shaw

SKOKIE, Ill. — Covenant Living Communities and Services, a nonprofit, faith-based senior living organization headquartered in Skokie, has hired Jay Prince as senior vice president of community operations.  In his new role, Prince will work closely with leadership at Covenant Living’s central office and with top leadership at each of the organization’s 19 communities across the country with a main focus on operations such as dining services, facilities management, resident life, skilled nursing, assisted living and memory support. Prince has 20 years’ experience in senior living and healthcare. He most …

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Confluent Development Appoints Matt Derrick as Managing Director of Senior Living Division

by Jeff Shaw

DENVER — Confluent Development, a Denver-based real estate investment and development firm, has promoted Matt Derrick to managing director of the firm’s senior living development division.  Derrick will spearhead Confluent Senior Living’s continued strategic expansion plans both in its projects and internal team growth. Since joining Confluent in 2016 as a senior development director, Derrick has led the development team in the completion of nearly $600 million in senior living development projects, divided across 14 properties. In addition, Derrick has led the team to a $400 million senior living and …

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MassachusettsNewsOperationsPeople

EPOCH Names Wendy Nollman as Executive Director of Waterstone at the Circle in Boston

by Jeff Shaw

BOSTON — EPOCH Senior Living has named Wendy Nollman as executive director of Waterstone at the Circle, a luxury senior living community in Boston. Nollman joins the team with more than 15 years of leadership experience in senior living throughout Massachusetts. In her new position, she will be responsible for all daily operations. Prior to joining the Waterstone at the Circle team, Nollman was executive director of communities in nearby Wayland and Watertown. She earned a bachelor’s degree in business administration from The University of Rhode Island.

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MassachusettsNewsPeople

EPOCH Names Abbi Laushine Executive Director of Community in Westford, Massachusetts

by Jeff Shaw

WESTFORD, Mass. — EPOCH Senior Living has named Abbi Laushine as the next executive director at Bridges by EPOCH at Westford  Laushine’s daily responsibilities include directing the community’s overall operations and leading team members in providing care. For more than a decade, Laushine has worked with EPOCH Senior Living communities. She started her career as a Certified Nursing Assistant at Bridges by EPOCH at Westford and has served several different roles, including life enrichment director. She most recently was the Bridges program director at Waterstone on High Ridge in Stamford, …

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Juniper Communities Promotes Anne Campbell to Vice President of Operations

by Jeff Shaw

BLOOMFIELD, N.J. — Juniper Communities, a Bloomfield-based owner-operator, has promoted Anne Campbell to vice president of operations.  As part of the home office leadership team, Campbell will help plan the future direction and operations of Juniper’s senior living communities and its ancillary businesses. Campbell has been with Juniper Communities since July 2014. In addition to her role with Juniper, Campbell is a member of the board of directors for the Assisted Living/Personal Care, Pennsylvania Healthcare Association; past president of the Geriatric Interest Network of Centre County, Pennsylvania; and was an …

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CCRCIllinoisNewsPeople

Lifespace Appoints Doug Fleegle as Executive Director of Beacon Hill in Lombard, Illinois

by Jeff Shaw

LOMBARD, Ill. — Lifespace Communities has named Doug Fleegle as executive director of its Beacon Hill community in Lombard, a village 20 miles west of Chicago. Fleegle previously served as executive director at Lifespace’s Village on the Green community in Longwood, Florida from 2016 to 2019.  Fleegle has extensive executive-level leadership experience in senior living, healthcare and human services. Most recently, he served as the executive director of Las Ventanas, a HumanGood continuing care retirement community. He has also held leadership roles at Westminster Communities of Florida, Asbury Communities and …

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