In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LifeSpire of Virginia announces expansion plans Nonprofit senior living provider LifeSpire of Virginia recently announced […]
LifeSpire of Virginia
The past year was “foundational” for senior living operator LifeSpire of Virginia, with President and CEO Jonathan Cook saying the organization is taking momentum into 2024 with future growth planned. “We’ve gone back to a somewhat sense of normalcy, and the staffing issues the last 18 months threw everyone for a headspin,” Cook said. “We’ve […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Two and a half years after the initial rise of Covid-19, case counts are rising for another disease that senior living operators should keep an eye on. The disease is Monkeypox, a rare infection caused by a virus related to smallpox. As of Aug. 16, the U.S. Centers for Disease Control & Prevention (CDC) has […]
Rising staffing costs. No-call, no-shows. Difficulty hiring and keeping workers. These are just a few of the human resources-related challenges that senior living leaders have faced in the last year. But as much as they would like to put the previous 12 months behind them, those stiff headwinds have also resulted in better staffing practices. […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Griffin-American Health Care REIT III (GAHR III) and Griffin-American Health Care REIT IV (GAHR IV) completed their previously announced merger, setting the stage for the largest-ever public offering for a health care real estate investment trust in a record year for REIT mergers. The tax-free, stock-for stock transaction creates a combined company with a total […]
Brookdale Senior Living (NYSE: BKD) completed the previously announced sale of its home health, hospice and outpatient therapy business line to HCA Healthcare. The sale was first announced in February. Under the terms of the deal, the Brentwood, Tennessee-based senior housing operator sold an 80% stake in Brookdale Healthcare Services to HCA for $400 million. […]
Welltower (NYSE: WELL) improved its near- and long-term liquidity. The Toledo, Ohio-based health care real estate investment trust closed on an expanded $4 billion unsecured revolving line of credit. This will replace an existing $3 billion credit facility. Additionally, Welltower has two existing facilities outstanding: a $500 million term loan and a $250 million Canadian […]