BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has hired David Casden as vice president of capital markets distribution. Formerly managing director of sales and trading/pricing at Lument Real Estate Capital, Casden brings nearly two decades of experience to CFG. Casden joins the CFG team to lead the augmentation of loan distribution efforts, with a primary focus on establishing capital markets relationships and implementing structured distribution vehicles to complement the company’s existing loan syndication efforts. He will work closely with the loan origination teams to inform them of market …
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Webinar: Resident-Focused Renovation — A Seniors Housing Success Story
The June 4 webinar Resident-Focused Renovation — A Seniors Housing Success Story explored a case study in renovation and elaborated on what this project reveals about key trends in seniors housing renovations. The discussion also covered best practices for renovating a senior living community with minimal disruption to residents as well as maximum energy and cost savings for owners and operators. Occupied renovation in the senior living space can be challenging, but all three panelists assert that keeping residents in place while upgrading technology can be a viable, cost-efficient option …
STUART, Fla. — Allegro Senior Living has named Kaitlyn Oteri as the executive director of Alto Stuart in Stuart, a coastal city in South Florida. Alto Stuart features 91 units of assisted living and memory care. Oteri has over a decade of experience in leadership roles within senior living communities, most recently as executive director for Wickshire Port St. Lucie in nearby Port St. Lucie.
SKOKIE, Ill. — Covenant Living Communities and Services, a nonprofit, faith-based senior living organization headquartered in Skokie, has appointed David Erickson as the new president and CEO. He comes to this role following the recent retirement of Terri Cunliffe, who had been in the position since 2015. Erickson has been with Covenant for 16 years, most recently serving as senior vice president and general counsel. Covenant Living currently owns and operates 18 communities in 10 states.
SWAMPSCOTT, Mass., and WESTPORT, Conn. — LCB Senior Living has named Andrew Gillis as executive director of The Residence at Vinnin Square, an independent living, assisted living and memory care community in Swampscott, approximately 14 miles northeast of Boston. Gillis brings 30 years of healthcare experience, specifically in skilled nursing, assisted living and hospice, to The Residence at Vinnin Square. He is also licensed both as a nursing home administrator and a clinical social worker. Previously, Gillis served as the president and chief operating officer for Bluepoint Healthcare. Additionally, his …
DALLAS — Lifespace Communities has hired Maria Mercer as vice president, human resources. In this newly restructured role, Mercer will provide comprehensive human resources leadership to support Lifespace. Mercer previously worked for Hewlett Packard and Electronic Data Systems. Most recently, she served as vice president, global human resources and mergers and acquisitions at global tax firm Ryan.
MEQUON, Wis. — Lifespace Communities has hired Chris Andersen as executive director at Newcastle Place in Mequon, a northern suburb of Milwaukee. Andersen has 29 years’ experience in healthcare and senior living, including previously serving at Lifespace as executive director at Beacon Hill, Claridge Court, and Oak Trace from 2004 to 2013. Most recently, he served as executive director at Oakmont Senior Living for the Simi Valley and Riverpark campuses. Andersen earned his bachelor’s degree in business administration summa cum laude from Capella University and is a Licensed Nursing Home …
HAYWARD, Calif. — Integral Senior Living has named Jeff Jhunell Sumabat as executive director of Bellara Senior Living, a new senior living community situated east of San Francisco in Hayward. The community offers independent living, assisted living and memory care. After he earned bachelor’s degrees in nursing and clinical laboratory technology, Sumabat’s career began in nonprofit and civil service work in the Philippines. After moving to the U.S., he cultivated a passion for senior living, holding roles as a resident services director, memory care director, executive director and, most recently, …
MAPLE GROVE, Minn. — Grace Management Inc., a Maple Grove-based operator, has hired Abby Romaine as national director of sales strategy and development. In her new role, Romaine supports creating and implementing strategies to support the success of specific Grace Management senior living communities across the country. Romaine has worked in various industries, including healthcare, senior living and online media. She brings experience in fostering partnerships, education, strategic planning, enhancing sales strategy efforts and local professional collaborations.
SPRINGFIELD, Mo. — Spring Arbor Senior Living has promoted Susan Durr to senior vice president of divisional operations for the Midwestern region. Durr first entered the senior living industry in 2020, when she was hired by an operator of 23 senior living locations throughout the Midwest. In her new role, she oversees 13 communities across five states, based in Spring Arbor’s newest corporate location in Springfield. Durr is a Certified Public Accountant (CPA) and also holds a real estate salesperson license in the state of Missouri. She is a member …