ABM Names Laurelee Martin and Thomas Gartland to Its Board of Directors ABM, a leading provider of facility solutions, announced it has elected Lauralee Martin and Thomas “Tom” M. Gartland as independent directors, effective immediately. Martin is currently chief executive officer of HCP, Inc., one of the “Big Three” publicly-traded health care real estate investment […]
Category: Management & Operations
In its quest to get through a turbulent period, the nation’s largest senior living company is enlisting someone from the nation’s largest retailer. Labeed Diab will be the new chief operating officer at Brookdale Senior Living (NYSE: BKD), the Brentwood, Tennessee-based provider announced Monday. Diab previously served as president of health and wellness at Walmart’s U.S. […]
This week, Senior Housing News readers took a microscope to Ventas’ third-quarter financial results and explored the benefits and pitfalls of rebranding. Readers also learned how immigrant workers could help fill the gaps in the senior living work force. Mainstreet’s New Foray An announcement from Mainstreet caught our attention early Friday. The Indiana-based company that […]
When it comes to memory care, less might be more. Providers are seeing success by building small-scale, home-like communities, and for one provider in Texas, it is paying off in the form of a high return on investment (ROI). Uncommon Care is an Austin, Texas-based company dedicated to building residential-style memory care communities for 24 residents. […]
Minimum wage pressures and technology costs contributed to an increase in monthly resident fees within the not-for-profit senior living sector in 2015, but providers predict that rents will remain fairly steady over the next year, according to an annual poll conducted by Ziegler, a specialty investment bank. More than 170 not-for-profit senior living chief financial […]
While senior living has been taking note of hospitality offerings like wine bars for some time, there’s still more to learn from how top hotel chains and other industries are doing business— including building out staff-centric spaces to help with recruitment and retention. Gain insight into this and other trends in architecture and design in this Q&A series […]
Cushman & Wakefield Hires Noble Carpenter and Afton Trail Cushman & Wakefield, a global real estate company, has appointed Noble Carpenter as capital markets service line leader for the Americas region and Afton Trail, CPM, as senior managing director of assets services for the firm’s Western region. Carpenter has more than 20 years of extensive […]
There’s a storm brewing in senior housing: Between wage pressures and work environments that can take an emotional and physical toll, senior living providers are scrambling to recruit and retain staff. A dwindling labor force, though, has many looking to immigration reform as senior living’s saving grace. The stark conditions in the sector have prompted […]
Senior Lifestyle Associates Names Executive Vice President Senior Lifestyle Associates, Inc., a Delaware corporation engaged in the acquisition and management of senior living facilities through the United States, has appointed Douglas F. Gass as executive vice president. Gass has over 25 years of experience in capital markets, including institutional sales, investment banking and corporate finance. […]
Senior living residents increasingly expect a lot from dining programs, including more ambitious menus and a social component to meals. A program launching at hundreds of communities this month provides an example of how some operators are stretching to meet these expectations by trying to create an immersive experience that goes beyond the food on […]
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