With an ambitious 10-year plan and plentiful expansion opportunities arising, senior living provider English Meadows recently hired a CFO who brings unusual experience to the industry, having previously worked for the Central Intelligence Agency (CIA). As for how English Meadows scored such a hire, the answer is simple: He is the brother of CEO and […]
With a history that traces back to 1922, CC Young is one of the most venerable senior housing and care providers in Dallas. But with skilled nursing buildings dating to 1969 and 1974, the continuing care retirement community (CCRC) badly needed some upgrades at the dawn of the 21st century. “We had to make a […]
Last week, Discovery Senior Living announced that Hilary Bullard — formerly VP of senior housing asset management with Healthpeak (NYSE: PEAK) — will lead the new Morada brand. Discovery is launching Morada with 16 communities recently acquired from Healthpeak. The Bullard hire and Morada’s launch are among many news items that have been generated from […]
California-Nevada Methodist Homes (CNMH), a nonprofit that operates two continuing care retirement communities (CCRCs) in the Bay Area of California, has filed for Chapter 11 bankruptcy protection. California-Nevada Methodist Homes was founded in 1954, and the organization owns and operates an Oakland CCRC called Lake Park and a Pacific Grove CCRC called Forest Hill. Lake […]
Amazon (Nasdaq: AMZN) has hired Ginna Baik as senior business development manager for senior living. With the hire, Amazon brings on board someone with deep experience in senior living to help drive the Alexa Smart Properties business, focused on deploying Alexa-enabled voice technology at scale. “I have been focused on senior living and technology for […]
Ryan Companies recently did a deep dive into the market study data that the firm has accumulated since entering the senior living sector about eight years ago — and the Minneapolis-based development, architecture and construction company discovered some surprising findings. Those findings and a new approach to data analysis will help drive the company’s growth […]
Three news items recently focused my attention on perhaps the biggest potential disruptor of senior living in the coming years: Amazon (Nasdaq: AMZN). Here’s what the Seattle-based company has been up to lately: — Amazon hired industry veteran Ginna Baik as senior business development manager for senior living — Amazon Care is launching in all […]
Discovery Senior Living has tapped Hilary Bullard to be president of its new Morada Senior Living brand. Bullard comes from Denver-based real estate investment trust Healthpeak (NYSE: PEAK), where she was vice president, senior housing asset management. Prior to that, she was an executive director with JPMorgan Chase, overseeing senior housing and multifamily assets. The […]
Eight years ago, Enlivant was created in an effort to salvage the portfolio of Assisted Living Concepts and create a successful business. Now, the Chicago-based company is entering a new chapter as President and COO Dan Guill ascends to CEO. Guill takes the reins at a time of intense challenges but also growing optimism. Having […]
Scott White, CEO of Invesque (TSE: IVQ.U), on Thursday added his voice to the chorus of senior living leaders expressing optimism about a recovery taking hold in the sector — but with a dose of caution. White feels a sense of “rejuvenation” and “excitement” from the Invesque team and the real estate investment firm’s operating […]
