Senior Housing Investments & Transactions: Summit Healthcare REIT

Senior Living Investment Brokerage Facilitates Sales of 2 Properties In separate transactions, Senior Living Investment Brokerage, Inc. sold a skilled nursing facility in Austin, Texas, for $1.2 million, and an assisted living, memory care and independent living community in Chester, Pa., for $4.51 million. The skilled nursing property consists of 54 beds and was built in […]

Meet James Balda, ALFA’s New CEO

Less than four months into his new role as president and CEO of the Assisted Living Federation of America, James Balda has helped roll out new credentialing efforts, launched a campaign that aims to prepare industry stakeholders for the next 10 years, and hosted his first annual conference, which had a record 2,700 attendees.  Not to […]

How to Play — And Win — the Senior Living Development Game

As rates of construction continue to climb and new competitors enter the landscape, senior living development has become a game that providers must approach carefully in order to capture market share and ultimately drive revenue. For some of the industry’s experienced players, this means creating a game plan to differentiate their product and maintain a […]

ALFA Launches Campaign to Prepare for Senior Living in 2025

The Assisted Living Federation of America (ALFA) has launched a new initiative aimed at identifying and addressing the major challenges impacting the senior living industry in the next 10 years.  Unveiled at the association’s annual conference in Tampa, Fla., the Senior Living 2025 campaign is designed to bring together industry stakeholders, listen to their concerns […]

Movers & Shakers — ASHA’s New VP of Government Affairs

Jeanne McGlynn Delgado Joins American Seniors Housing Association  The American Seniors Housing Association (ASHA) has named real estate policy veteran Jeanne McGlynn Delgado as its vice president of government affairs. In her new position, McGlynn Delgado will lead ASHA’s public policy efforts on Capitol Hill, working closely with Randy Hardock, ASHA’s longtime chief legislative counsel. Most […]

Award-Winning Senior Housing Design Hinges on These Key Features

The future of designing senior housing presents quite the conundrum for developers and operators, especially when it comes to making that housing affordable: While the demand for the product is clear, the challenges in building these facilities are often insurmountable. Enter: an innovative solution that combines financing alternatives with unique amenities and cost-saving natural resources. Such was […]

Senior Housing Investments & Transactions: Leisure Care, Commonwealth

3 Senior Living Communities Acquired for $15.7 Million Pennsylvania-based Lake Erie College of Osteopathic Medicine (LECOM) has acquired three senior living communities for $15.7 million. As part of its commitment to wellness for this age group, LECOM has purchased Parkside Senior Living Communities with its three independent living and personal care facilities, located in Erie, North […]

Movers & Shakers — Brookdale’s New Board Members

Brookdale Appoints Mark Parrell, Lee Wielansky to Board Of Directors Brookdale Senior Living Inc. (NYSE: BKD) recently announced the appointments of Mark J. Parrell and Lee S. Wielansky to its Board of Directors as Class III directors. The appointments of Parrell and Wielansky, which became effective on April 23, 2015, fill the vacancies created by the […]

From Five Star to Startup: Evrett Benton, Stellar Senior Living

Evrett Benton, former president, CEO and co-founder of Five Star Quality Care, Inc. (NYSE: FVE), has always been an acquisitions guy. That’s how he helped one senior care company grow to more than 33 times its original size. That’s how he and existing real estate investment trust Senior Housing Properties Trust (NYSE: SNH) formed Five […]

BMA Management Changes Name With Eye Toward Growth

BMA Management Ltd., which ranks among the top-30 largest senior living providers nationwide, has announced plans to change its name to Gardant Management Solutions this spring.  “The name change is a better reflection of the future direction of our company and mirrors the optimistic, forward-looking focus on the service-enriched housing industry and the growth potential […]