TOLEDO, Ohio — Welltower (NYSE: WELL), the largest seniors housing REIT in the country by market cap, has promoted two of its C-Suite executives. In addition to his existing title of chief investment officer, Shankh Mitra is now chief operating officer of the company. His secondary title, formerly executive vice president, was also upgraded to vice chair. Tim McHugh will maintain his title of chief financial officer, but his secondary title was adjusted from senior vice president to executive vice president. CEO Tom DeRosa’s contract was also extended, though details …
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BRENTWOOD, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the nation’s largest senior living operator, is actively recruiting to fill more than 4,500 positions. Brookdale operates 743 senior living communities in 45 states. The company could be a sign of relief for the jobless, as nearly 17 million people have filed initial unemployment claims in the last three weeks due to businesses shuttering during the COVID-19 pandemic. Brookdale is seeking registered nurses (RNs), licensed practical nurses (LPNs), certified nursing assistants (CNAs), caregivers, housekeeping, dining, maintenance and many other roles. The …
DENVER — Solera Senior Living, a Denver-based owner-operator, has hired Jamie Ranzan as its new president. Ranzan comes from MorningStar Senior Living, another Denver-based owner-operator, where she served as chief financial officer since 2016. Ranzan began her career as an auditor in the real estate group of Ernst & Young, according to Argentum. She also worked at KBS Realty Advisors, where she helped manage $1.8 billion in assets across the United States. Before MorningStar, Ranzan was CFO and vice president of corporate finance for a senior living company in Southern …
COLUMBUS, Ohio — VIUM Capital has hired Ashley Wilkens as chief underwriter. Wilkens brings over 10 years of experience in the capital markets, senior living and healthcare industries. She previously worked at B.C. Ziegler & Co. where she specialized in strategic advisory, capital formation and financing engagements for senior living and long-term care providers. In addition, she served as the chief operating officer of Ziegler Financing Corp. Industry veterans Kass Matt and Steve Kennedy, both of whom worked most recently at Lancaster Pollard, recently launched VIUM Capital. The Columbus-based company …
CHICAGO — CRG, the real estate development and investment arm of Chicago-based Clayco, has hired J.J. Smith as managing partner of its residential business. Smith has over a decade of leadership experience at Chicago-based CA Ventures, where he launched real estate development and investment platforms that included more than 40,000 units of housing and over $6 billion in executed projects. In his role as managing partner, Smith will deliver properties for all residential asset classes across North America, including multifamily, student housing, co-living, senior living and workforce housing. Smith holds …
As the impact of the COVID-19 pandemic continue to shutter businesses around the country, a record 6.6 million Americans filed for unemployment benefits during the week ending in March 28. However, this could prove to be a benefit to industries like seniors housing that were struggling to find quality workers when unemployment was at historic lows just a few weeks ago. Sunshine Retirement, Integral Senior Living and Solstice Senior Living all sent out press releases noting that they are hiring for hundreds of open positions, including care, service and management …
Watercrest Hires Blake Patterson as Executive Director of Newly Built Community in South Carolina
by Jeff Shaw
COLUMBIA, S.C. — Watercrest Senior Living Group has hired Blake Patterson as executive director of Watercrest Columbia Assisted Living and Memory Care in Columbia. Watercrest Columbia is a 107-unit, resort-style senior living community, which opened to residents in the fall of 2019. Patterson began his career in hospice services. With a transition to marketing director for assisted living and memory care, he witnessed first-hand the impact of the front-line staff as a critical factor in the success of a community. Patterson later became executive director of an assisted living, memory …
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has hired Darrin Smith as executive vice president of investments. Smith will oversee the investment team and assist the Sabra leadership team on business development opportunities. The company is an Irvine-based publicly traded REIT that invests in healthcare assets, including seniors housing. With over 25 years of real estate experience including 14 years in healthcare real estate, Smith most recently served as senior vice president of seniors housing investments at HCP, another California-based REIT now known as Healthpeak Properties. He …
POWAY, Calif. — Cadence Living has hired Jay Johnson as executive director at Cadence at Poway Gardens in the San Diego suburb of Poway. Johnson has almost 30 years of experience in senior living including multiple positions as executive director. He spent 17 years with ActiveCare both in assisted living and memory care settings. Johnson has managed communities for Catholic Health Initiatives and Anthem Memory Care.
WEST DES MOINES, Iowa — Lifespace Communities has hired industry veteran Jesse Jantzen to the position of president and chief executive officer, effective April 1. Over a nearly 30-year career, Jantzen has held similar positions with Ascension Living and Elder Care Alliance, various leadership positions with Life Care Services and, most recently, was chief executive officer of Lutheran Life Communities. As Jantzen transitions into his new role, Larry Smith, the company’s interim president and CEO will transition back to his role as the company’s chief financial officer. Lifespace Communities, based …