Seattle, Wash.-based Emeritus Senior Living is partnering with non-profit organization 3in4 Association, a long-term care awareness group, to launch an educational campaign about the crucial need for Americans to form a plan for their future healthcare needs. The partnership will kick off on May 1 with a jointly sponsored talent contest for America’s “most talented […]
Emeritus
Senior Living Executive, the Assisted Living Federation of America’s magazine, has just released its annual list of the nation’s Top 80 Largest Providers, topped this year by Brookdale Senior Living (NYSE:BKD). The list ranks for-profit senior living operators by total resident capacity as of the first of the year, as reported by each company. “REITs […]
In early February, Senior Housing News connected with Granger Cobb, the president and chief executive officer of Seattle, Wash.-based Emeritus Senior Living. Prior to joining the company, Cobb was the president, CEO, and director of Summerville Senior Living, which was acquired by Emeritus in 2007. He assumed his current roles in January 2011 and has more […]
Beech Street Capital Closes $8.9 Million Refinance for New Jersey SNF Beech Street Capital, LLC announced that it provided an $8.9 million HUD Section 223(a)(7) loan to refinance Arcadia Nursing & Rehabilitation Center, a 128-bed skilled nursing facility in Hamilton Square, New Jersey. The borrower had 28 years left on an existing $9 million FHA-insured […]
This article is part of a series following “Will the Nation Go Broke Paying for Senior Housing & Long-Term Care?“ The whole aging-in-place movement can be scary for senior housing providers who worry about how their occupancy levels might be affected with seniors increasingly wishing to remain in their own homes, but they can take […]
Granger Cobb, president and CEO of Emeritus (NYSE:ESC) says that assisted living is about to turn the corner. Sitting down with National Real Estate Investor, Cobb says that while it expects the sector to turn around, it’s being cautious. I’m absolutely convinced that it is only a matter of time before we see occupancies and rental rates improve. […]
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