Transactions & Financings: Lifespace Sells 2 CCRCs; Cano Health Completes $4.4B SPAC Deal

Lifespace Communities continues to make progress in its efforts to streamline its portfolio for growth. The West Des Moines, Iowa-based nonprofit continuing care retirement community operator announced it is turning over ownership and management of two campuses — Deerfield, in Des Moines, Iowa; and Grand Lodge at the Preserve in Lincoln, Nebraska — to Immanuel […]

Senior Housing CEO Pay Averages $271,000 for Philly Nonprofits

Providing a window into compensation at the highest levels of nonprofit senior services organizations, including senior housing companies, the Philadelphia Inquirer recently compiled data on CEO pay in that region of Pennsylvania. Among the 62 organizations considered, average compensation for top executives was $271,428 a year. Of that, they received an average of $220,113 in […]