Transactions Blueprint sells 222-unit SNF Blueprint was contracted by nonprofit The Trousdale Foundation for the off-market sale of Westmoreland Health and Rehabilitation Center in Knoxville, Tennessee. The facility was originally built in 1959 and experienced a census drop caused by the Covid pandemic. According to a press release, a “growing regional provider” was selected as […]
There are many tried and true methods when it comes to designing a senior living community. However, architects and designers believe there are numerous ways the industry can be pushed forward through bolder and less conventional approaches. Senior Housing News spoke with a variety of architects about what items and ideas are on their wishlist […]
A favorable supply-demand landscape for senior housing and an “active” pipeline of investment opportunities represent tailwinds for Omega Healthcare Investors (NYSE: OHI) in 2025, according to the company’s leaders. The Hunt Valley, Maryland-based real estate investment trust (REIT) reported that its 17 communities managed by Maplewood Senior Living were as of the fourth quarter of […]
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 […]
Transactions Ascent Living Communities acquires memory care community Ascent Living Communities added High Plains Crossing to its portfolio. Following the acquisition, Ascent’s portfolio now comprises more than 750 senior living units providing independent living, assisted living and memory care options. According to a press release, Ascent will implement its highly focused and proven “Touchpoints Memory […]
Situated between the Blue Ridge Mountains and Atlanta, Georgia, The Wescott blends luxury living with a locally inspired look and feel for active adult residents. Designed by Foley Design and Associates and managed by Meridian Group, the 120-unit active adult community in Canton, Georgia, meshes with the local downtown district to offer unique views and […]
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, […]