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 …
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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 …
SOUTHFIELD, Mich. — American House Senior Living Communities has hired Wolfgang Ebenbichler as vice president of hospitality. In this newly created role, Ebenbichler is responsible for directing and overseeing the culinary and dining experience at American House’s portfolio of more than 60 communities in five states. The company is based in Southfield, a suburb of Detroit. Ebenbichler has worked in leadership roles at many resorts, boutique hotels and casinos, including Caesars Entertainment, Marriott, Starwood Resorts at Disney World, Waldorf Astoria Collection, Conrad, Westin, Sheraton and Ritz Carlton properties. Ebenbichler obtained …
With workforce expenses continuing to pose a challenge to operators, should investors lower ROI expectations? Tech softens the blow By Geert Houben Founder & CEO Cubigo It’s been well noted that 2020 is poised to be a year of disruption, holding true across many of the factors that go into seniors housing operations. Rising costs of living and growing competition must guide owners and investors to think innovatively. Leveraging technology to streamline operations can not only increase efficiency, but also decrease the number of work hours required. If stakeholders can …
FORT WASHINGTON, Pa. — Acts Retirement-Life Communities, a nonprofit operator based in Fort Washington, has appointed Dr. Paul Reinbold as vice president and chief medical director, and Deirdre Groenen as senior vice president and chief human resources officer. Reinbold has served as medical director at several senior living properties since 1995. He most recently served as the corporate medical director and clinical operations advisor to the CEO at Integrace, prior to its affiliation with Acts. He has continued to serve as the medical director of Bayleigh Chase in Easton, Maryland. …
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), a Nashville-based owner-operator with the largest seniors housing portfolio in the United States, has appointed Dr. Jordan Asher to its Board of Directors. Asher is now one of nine directors, eight of them independent, and his term is scheduled to expire at the company’s 2020 annual meeting of stockholders. Asher has more than 20 years of experience in large, mission-based healthcare systems. Since 2018, he has served as the chief physician executive and senior vice president of Virginia-based Sentara Healthcare, a …
Singh Senior Living Names Brian O’Hara Executive Director of Waltonwood Cary Parkway in North Carolina
by Jeff Shaw
CARY, N.C. — Singh Senior Living has named Brian O’Hara as the new executive director of Waltonwood Cary Parkway, an independent living, assisted living and memory care community in Cary, a suburb of Raleigh. O’Hara brings more than 20 years of senior living experience to his new role. He started on the non-clinical side of senior living before making a career move to pharmaceuticals. He returned to the industry and worked his way up to area director of operations for a senior living company. Missing the one-on-one relationships with associates …
Ventas Hires Veteran Executive Justin Hutchens to Oversee North American Seniors Housing Business
by Jeff Shaw
CHICAGO — Ventas Inc. (NYSE: VTR) has appointed J. Justin Hutchens as executive vice president, senior housing, North America, effective April 1. The appointment is part of a series of actions, including a realignment of current executive team responsibilities, to improve the company’s performance in seniors housing. In this newly created role, Hutchens will oversee the Chicago-based REIT’s seniors housing business in North America, which includes over 700 properties that provide high-quality environments for approximately 60,000 seniors. The company is the second largest owner of seniors housing in the United …
AUSTIN, Texas — Catalyst, an Austin-based marketing and advertising agency specializing in multifamily, student and senior living real estate marketing, has promoted Christy McFerren to managing director. Catalyst hired McFerren in 2014 as senior designer. During her tenure she has held several positions including creative director, strategy and operations director, and vice president. In the last six months, McFerren led the Catalyst team in repositioning the company’s brand and service offerings, recruiting an experienced sales team, securing two critical long-term partnerships in the seniors housing and multifamily space, and increasing …