Priority Life Care is bolstering its leadership structure in order to better support operations and prepare for growth in the coming years. Bobby Petras, co-founder of the Fort Wayne, Indiana-based company, is shifting his responsibility from COO to the newly created role of president. The operator also backfilled Petras’ former leadership role by promoting Executive […]
The senior living industry is ready to “thrive in ‘25” with regard to occupancy gains. But headwinds in lending are making growth tough during a time when it needs to grow. On the one hand, the lack of newly built senior living communities is supporting occupancy growth momentum among multiple senior living operators. In fact, […]
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 […]
Senior living providers must brace for a lot of unpredictability in the coming months with the change from the Biden to Trump administration. This uncertainty is being caused in part by the flurry of executive orders and the amount of change the new administration is trying to accomplish before the end of its first year, […]
Rebrand NIC MAP announces rebrand Data analytics platform NIC MAP Vision has announced a rebrand and new logo to NIC MAP. According to a press release, the change “reflects the company’s ongoing commitment to providing purpose-built, market-specific data and advanced intelligence exclusively for senior housing operators, investors, developers, lenders, healthcare providers and vendors.” “Through ongoing […]
Two senior living tech companies focused on AI and senior living resident falls have announced successful fundraising rounds. Technology company SafelyYou has announced it closed on $43 million in Series C funding, and AI-enabled light company Nobi closing on $37 million in Series B funding, the companies announced this week. SafelyYou is a company that […]
Healthcare and social connections blend seamlessly in a new Program for All-Inclusive Care for the Elderly (PACE) location in Winchester, Virginia. The organization behind the project, Blue Ridge, was inspired by the “community village” concept in its new concept, which is a PACE center that conjures a more homelike than clinical atmosphere. The program resides […]
Greene Park Capital has invested in a 225-unit active adult community in the Boston metro area, marking its first foray into the active adult sector. But it won’t be the last, and the company has a $250 million pipeline with which to grow in active adult senior housing. Based in Chicago, the investment firm focuses […]
Phoenix Senior Living has promoted Seth Pesek into a newly created president role in an effort to prepare for its next growth phase. Pesek stepping into the new job represents a “significant milestone” for the company, which CEO Jesse Marinko founded about a decade ago. “It was about timing and alignment,” Marinko told Senior Housing […]
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 […]