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 […]
Insurance premiums have seen rises and falls throughout 2023, depending on what is being covered, but the volatility of rates is unlikely to be going away anytime soon. Some areas of coverage, such as directors and officers insurances, auto insurance and workers compensation, have seen stabilization since the time of Covid. Even general liability has […]
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 […]
With a nationwide search for a CEO still underway, senior living non-profit Kendal Corporation is both going back to its roots and branching out into new areas as it gears up for its next chapter. Last December, Kendal announced that then-CEO Sean Kelly was leaving the Newark, Delaware-based organization to join Front Porch Communities. Since […]
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. Phil Lord, vice president of operations at […]
Brookdale Senior Living, Atria Senior Living and LCS have maintained their top three positions as the country’s largest senior living operators, according to Argentum’s 2023 Largest Providers Report. The report, released Sept. 14, ranks U.S. senior living operators on a variety of self-reported metrics, including total units and total employees. It also showcases some 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 […]
Investment manager and owner Phorcys Capital Partners is expanding its footprint in the industry with a plan to acquire and turn around distressed communities across the U.S. The company this week announced the $26.4 million acquisition of The Glen at Lake Oconee Village, a recently constructed 114-unit senior living community in Greensboro, Georgia, with independent […]