Investing in the professional development of the immigrant senior care workforce and playing a role in their assimilation are two strategies senior living operators can implement in order to curtail the industry’s “alarming” labor shortage. That’s according two former political heavyweights who spoke Wednesday in a debate titled, “The Impact of the Trump Administration’s Policies on Economic […]
Charter Senior Living Names New Executive Director in Georgia Charter Senior Living, LLC, a Naperville, Illinois-based senior living operator, has named Veronica Martinez as the new executive director of Cedar Hill Senior Living. Located in Cedartown, Georgia, the community offers assisted living and memory care. Martinez has been with Cedar Hill since 2008, previously serving […]
Capital One Provides Loans Totaling $551 Million to Kayne Anderson Bethesda, Maryland-based Capital One has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA) for its purchase of Orlando-based Sentio Healthcare Properties, a public, non-traded real estate investment trust (REIT). […]
While many senior living communities’ disaster preparedness protocols were put to the test in Florida in the wake of Hurricane Irma, operators in the region—as well as those in Texas recovering from Hurricane Harvey—are now beginning the recovery process, and one of the first steps is to assess damage and file insurance claims. Senior Housing […]
It’s Never 2 Late Names New CFO It’s Never 2 Late (iN2L), a developer of digital engagement technology for senior living community residents, has named Barbara Kandemir as its new chief financial officer. In her new post, Kandemir will oversee finance, human resources, legal/compliance and office management for the company. She will also provide guidance […]
For many seniors, making the decision to move into a retirement community is a big commitment—from a monetary standpoint, as well as an emotional one. Older adults may be wary to pay the hefty entrance fees associated with continuing care retirement communities (CCRCs) or to commit to a senior living community for a year or more, […]
Trilogy Health Services Refinances SNF and Senior Health Portfolio For $158.4 Million Trilogy Health Services refinanced a portfolio of 10 senior health campuses in Indiana, which offer independent living, assisted living, memory care, rehabilitation and skilled nursing options. The loan, totaling $158.4 million, puts in place a permanent debt structure with a low interest rate, and pays […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
For years, senior living providers have embraced the concept of continuing care retirement communities (CCRCs) “without walls.” They are, some providers believe, a great way to get a foot in the door with seniors who are otherwise hesitant to live anywhere than in their own homes. These programs allow healthy, active older adults to maintain their independence […]
Bailey Named CEO of Blue Willow Systems Menlo Park, California-based Blue Willow Systems, developers of a software as a service (SaaS) platform designed to detect falls and provide analytics to senior living facilities, has named Bob Bailey as its new CEO. Bailey has served as the company’s chairman of its board of directors. Prior to […]
