A company with a grand vision of “decentralizing medicine” is planning to grow in the senior living sector in the next two years. The company, Novo Integrated Sciences (NASDAQ: NVOS), has holdings in a variety of industries, including manufacturing, health care and research. Bellevue, Washington-based Novo already has an eldercare division focused on markets in […]
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 […]
Minnesota, Washington and Washington, D.C. are the top-three states for long-term services and supports, according to a newly released report from AARP. Released every three years, the “2023 LTSS State Scorecard” measures the quality of long-term services and supports in every U.S. state and the District of Columbia.States are judged by performance in five categories: […]
A potential buyer has bid $83.1 million to acquire the largest life plan community in Illinois after it declared Chapter 11 bankruptcy earlier this year. A company referred to as IL CCRC LLC has inked an agreement with Friendship Village of Schaumburg in Schaumburg, Illinois, to set a minimum price floor for the acquisition in […]
Financings Lument closes on $13.4 million Fannie Mae loan to refinance Texas community Lument announced on Sept. 14 that it has closed on a $13.4 million Fannie Mae loan to refinance The Fordham at Eagle Springs, located in Humble, Texas. The age-restricted community was built in 2020 and consists of six buildings with 137 units. […]
Onelife Senior Living is nearing the official launch of its seventh community, and looking ahead, the company has more growth planned beyond that. The 103-suite senior housing community located in Springfield, Oregon, dubbed The Esther at Riverbend, has been in the works since Onelife began acquiring parcels of land for the community in 2017, according […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Amanda Navolynski, community navigator at Mary’s Woods, […]
Transactions Helios arranges $9 million bridge-HUD loan for Texas senior housing provider Helios Healthcare Advisors announced on Sept. 12 that is has arranged a $9 million bridge-HUD loan for an unnamed Texas senior housing provider. The loan is part of an initiative to “recapitalize the borrower’s” 12-location portfolio, and the loan will be used for […]
National Senior Communities, the Evangelical Lutheran Good Samaritan Society and Presbyterian Homes & Services have again landed at the top of the annual LeadingAge Ziegler 200 report, which was released Thursday. The annual report, now in its 20th release, ranks the largest senior living nonprofits in the country by various measures, including total unit count. […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Rachael Laudano, executive director at Masonicare, has […]
Subscribe
Receive industry updates and breaking news from SHN