Bloom Turns Focus to Senior Living After Shedding Skilled Nursing, Behavioral Health Assets

Bloom Senior Living is offloading its skilled nursing and behavioral health assets in part to fund its future growth and focus on senior living. Bloom’s parent company, Kandu Capital, announced the sale of two skilled nursing facilities and management of a mental health and rehabilitation center in California for just under $71 million or about […]

Capital Senior Living Execs Tout Early Signs of Stabilization

Capital Senior Living’s turnaound plan is showing initial signs of success, rooted in a foundation of improved local operations and strategic dispositions, President and CEO Kim Lody said during the Dallas-based operator’s Q1 2019 earnings call Thursday morning. “We are now organized for success,” Lody said. Capital posted $114.2 million in total revenue in the […]

Movers & Shakers: Welltower Foundation Launches to Promote Wellness

Welltower Foundation Launches to Promote Wellness Welltower Inc. (NYSE: HCN) launched the Welltower Foundation, an organization aimed at promoting wellness, encouraging a high quality of life for aging populations and supporting other groups and innovations that do the same. Erin Ibele has been named president of the foundation. The foundation’s first course of action is […]

Movers & Shakers — Merrill Gardens Names New President

David Eskenazy Named President of Merrill Gardens David Eskenazy has been named the president of Merrill Gardens, the company announced today. He replaces Tana Gall, who announced earlier this year that she was leaving the company to pursue other interests. Eskenazy will assume his new role effective immediately. Eskenazy brings to the position more than […]