ANNAPOLIS, Md. — The National Investment Center for Seniors Housing & Care (NIC), an Annapolis-based nonprofit providing data to the seniors housing industry, has announced its chief economist Beth Mace will transition to a consultant and special advisor role. Mace will focus exclusively on monitoring and reporting changes in the economy and the capital markets impacting seniors housing investments and operations. Mace will analyze and report on conditions in the capital markets, providing transparency and insights to help seniors housing owners, operators and investors make crucial decisions during a particularly …
DALLAS and ST. LOUIS — Berkadia has hired David Fasano and Ross Sanders as managing directors to its seniors housing and healthcare platform. Fasano will be based in Dallas and Sanders will be based out of St. Louis. They both will report to Mike Miner. Both Fasano and Sanders join Berkadia from Newmark, where they served as senior managing directors and were responsible for seniors housing-related investment advisory throughout the United States.
ST. LOUIS — Ascension Living has named Christopher Caserta as its new chief executive officer. He will provide strategic and operational leadership over Ascension’s diversified seniors housing services, including independent living, assisted living, memory care, skilled nursing and short-term rehabilitation for the St. Louis-based company. Caserta is an industry veteran with over 20 years of experience in regional and national health systems and post-acute care organizations. Previously, he served as the vice president of strategy and marketing in the continuing care division at Trinity Health. He led the division’s national …
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Your Caregiver Team Includes the Building Itself
While seniors housing operators grapple with occupancy issues, labor challenges and margin squeeze, the building’s role within the industry is sometimes overlooked. But innovative building design and new technologies can help improve staff efficiency, optimize resident care and increase revenue. “The senior living industry is evolving,” says Gaurie Rodman, vice president of real estate strategy and development at Direct Supply, a provider of equipment and services to the senior living and healthcare industries. “Buildings are taking on a role beyond shelter.” New building designs are being created through an efficiency …
WALTHAM, Mass. — EPOCH Senior Living has named Laurie Gerber, wife of the late EPOCH founder and CEO Larry Gerber, has been named the company’s chairperson. Laurie will work alongside the Waltham-based EPOCH management team. Larry founded the company in 1997. Under his leadership, the company grew significantly to include five Waterstone Senior Living communities and 11 Bridges by EPOCH memory care assisted living communities located throughout the Northeast. Larry died on March 25 at the age of 66. Laurie is an executive with over two decades of experience as …
CARLSBAD, Calif. — Solstice Senior Living, a Carlsbad-based joint venture of Integral Senior Living and NorthStar Healthcare Income, has named Nathan Mills as vice president of operations. Mills, a veteran in the senior living industry, has served for the past five years as a regional vice president of operations and will now support the entire Solstice portfolio of 32 communities. Mills has a diverse background in operations, marketing and sales and has served on numerous leadership committees throughout his career. In his previous role, Mills led operational strategy and supported …
CHARLOTTE, N.C. — Allen McMurtry, senior vice president of Charlotte-based Grandbridge Real Estate Capital and longtime seniors housing investment sales broker, has retired after 35 years. The Tampa, Florida native was an early entrant into the then-burgeoning seniors housing industry in 1987. Over the course of his career, McMurtry dedicated his work exclusively to the sale of seniors housing communities nationally, facilitating the sale over 200 properties across 35 states. In 1984, McMurtry was a land broker in the Tampa Bay area. After a few years of facilitating such sales, …
LEXINGTON, Mass. — Bridges by EPOCH has named Luidja Jean Louis as executive director of Bridges by EPOCH at Lexington, a memory care assisted living community in Lexington. Louis’ daily responsibilities include directing the community’s overall operations and leading team members in providing care. Louis has served as the community’s wellness director since March 2022. Louis holds several higher education diplomas and certifications, including an associate’s degree in nursing from Quincy College.
DALLAS — Buckner Retirement Services, a Dallas-based operator, has promoted Aaron Hargett to the role of senior executive director. Hargett will continue to serve as executive director of Baptist Retirement Community, a Buckner senior living community in San Angelo, Texas, while also supporting the executive directors of five additional Buckner communities. Hargett’s new role will also involve participating in the strategic growth of Buckner, providing input in organizational budget planning and assisting with special projects. Hargett joined the Baptist Retirement Community senior leadership team in 2007. Prior to becoming the …
DALLAS — Silverstone Senior Living has appointed Tami Cumings as chief operating officer. In this newly created position, Cumings will oversee asset management, property operations and sales and marketing for the company’s growing senior housing portfolio. With more than 25 years of executive-level experience in senior living, Cumings was most recently vice president of Caddis, where she oversaw the growth and operational relationships for the Heartis Senior Living brand. Prior to Caddis, she held executive-level positions at Arbor Co., Sunrise Senior Living, US Memory Care, A Place for Mom and …