With a new leadership structure and a first-ever long-term strategic growth plan, Gardant Management Solutions has begun a new chapter of expansion and evolution in 2023. Co-presidents Julie Simpkins and Greg Echols have spent the year looking to grow and evolve the organization since taking the newly created dual roles in April. That recently culminated […]
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. Matt Sayre, vice president of construction operations, […]
Ventas (NYSE:VTR) has a “several hundred million dollar” net operating income opportunity right in front of it — provided the company can reach its pre-pandemic census and NOI levels. Overall, the Chicago-based real estate investment trust (REIT) is targeting an 88% occupancy rate and 30% margin in the coming years, Ventas Chairman and CEO Debra […]
Transactions Grandbridge facilitates $426 million for senior housing properties Grandbridge Real Estate Capital facilitated the financing of $426.8 million seniors housing portfolio for a publicly traded healthcare REIT. The portfolio was secured by 19 senior housing properties across 10 states and was financed by an agency lender. The transaction was part of Grandbridge’s seniors housing […]
Investment firm Land & Buildings has once again expressed displeasure over the performance of Ventas (NYSE: VTR) and its senior living portfolio. In an open letter to Ventas shareholders, Land & Buildings Founder Jonathon Litt highlighted his grievances against the management of Ventas, including how it has “failed to outperform the Healthcare REIT Index,” its […]
In the years before the pandemic, the senior living industry was slow on the draw with regard to the use of new technology. But the challenges of the last three years have led to big tech advances in areas including automation and telehealth — and operators are just getting started. Some of the biggest recent […]
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 […]
Orlando-based Bridge Senior Living is rebranding its memory care program in a move affecting the majority of its management portfolio. The newly rebranded program, dubbed “Lilac Trace,” will be incorporated into Bridge Senior Living’s 32 memory care communities and center on meeting the needs of each resident where they are. Alongside the name change, the […]
Experience Senior Living has reached an operational and growth milestone for its management platform, and now the company is looking ahead to its next phase of expansion. The Denver-based senior living operator — which is affiliated with NexCore Group, one of the largest health care real estate investors and developers in the country — is […]
Affiliations Garden Spot Communities, Frederick Living announce affiliation Garden Spot Communities and Frederick Living announced an affiliation between the two organizations Sept. 1. According to a press release, the affiliation process is well underway and when it is complete early next year, Frederick Living will become a Garden Spot Community to join Garden Spot Village […]
