Former MorningStar CFO Ranzan Joins Solera as President

Solera Senior Living hired Jamie Ranzan as president, in the latest hiring move for the growing Denver-based company. Ranzan comes to Solera from MorningStar Senior Living, where she was chief financial officer. She joined MorningStar in October 2016, as that company was beginning its own sustained period of growth, she told Senior Housing News in […]

This Population Doesn’t Understand: Rising to Covid-19 Challenges in Memory Care

The coronavirus pandemic poses new challenges by the day to long-term care providers across the continuum. But the challenges are even more pronounced for memory care operators. Those challenges include limiting the ability of memory care residents to walk about freely and congregate with each other, and ensuring their daily routines are as unaffected by […]

No Turning Back: Senior Living Finally Enters Digital Age as a Result of Covid-19

The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions. As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development […]

Enlivant Community Among First To Go Through Full-Scale Covid-19 Evacuation

The Covid-19 pandemic has forced a Nebraska assisted living facility operated by Enlivant to evacuate its residents to other homes and undergo a full-scale disinfection process. A similar situation played out in New Jersey, raising the prospect that temporary facility closures will be among the Covid-19 effects that senior living providers must cope with. The […]

Senior Living Capital Markets at ‘Peak Volatility,’ But Sector Has Advantages

The Covid-19 pandemic has created an environment of peak volatility for senior living, but the industry’s need-based, recession-resilient components open it up to available sources of liquidity. And as a real estate class, it is far more stable than other product such as retail and hotels. Already, lenders are retreating to the sidelines, becoming extremely […]

Transactions & Financings: Covid-19 Market Instability Halts About $325M in Acquisitions

Columbia Pacific-Singapore Press Holdings Canadian portfolio deal Columbia Pacific Advisors and Singapore Press Holdings mutually agreed to terminate a previously announced sale of a six-property, 717-unit Canadian senior housing portfolio due to global market instability stemming from the Covid-19 pandemic. The acquisition price was about $175 million, Deal Street Asia reported Wednesday. Singapore Press Holdings […]

Innovator Bill Thomas: Covid-19 Will Lead to Senior Living ‘Reset’ Lasting 3 to 5 Years

Dr. Bill Thomas believes that the senior care industry’s initial response to the Covid-19 pandemic has been exceptional and inspiring, overall. As the outbreak continues to spread and more positive tests for the virus emerge, however, the next phase of response will tax the industry’s resources in unimaginable ways — and change senior housing and […]

CCRCs’ Covid-19 Plans Must Handle Large Campuses, Complex Operations

Continuing care retirement communities face unique challenges in responding to the Covid-19 pandemic. Their large sizes, multiple entry points, varying levels of care acuities and layers of government regulations place added pressures on ensuring the safety of residents and containing the spread of the virus if someone tests positive. But providers can adapt their communicable […]