The Bristal at Armonk Appoints Nichola Johnson as Executive Director The Bristal at Armonk in New York, an assisted living community that offers memory care support as well as enhanced levels of care, has announced the appointment of Nichola Johnson as executive director. In this position, Johnson will oversee all aspects of community operations for […]
Development is booming for many existing senior living operators across the country. One top-10 operator is targeting growth not only across its current product offering, but also in rolling out an entirely new development pipeline aimed at a slightly higher price point. Two years ago, Senior Lifestyle Corp. began looking into higher-end senior housing development, […]
Greystone Real Estate Advisors Close Sale on 180-Unit Property in Texas Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group has closed the sale of Aspens at Twin Creeks in Allen, Texas. Kayne Anderson Real Estate Advisors of Boca Raton, Fla., acquired the stabilized property from Cadence Capital […]
Ted Meylor Assumes Role of CEO for RED Capital Group RED Capital Group, LLC and ORIX USA Corporation announced recently that Edward “Ted” J. Meylor will be assuming the role of CEO for RED Capital Group, as Mike Moran, current CEO, transitions back to the parent company, ORIX USA. Moran was named as chairman and […]
As the senior care industry gains more traction among both veteran and fledgling tech companies, one startup is poised to take the aging services sector by storm. And it’s not producing wearables or health monitoring devices. It’s using 3-D bioprinting technology to create living tissues that can be used for testing new drugs and could […]
While a deal remains to be seen, it’s clear Brookdale Senior Living (NYSE: BKD) shareholders and investors are “stirring the pot” when it comes to the company’s massive real estate portfolio — and senior management isn’t ruling out any possibilities. After months of lead shareholder Sandell Asset Management Corp. prodding Brookdale to spin off its […]
American Healthcare REIT III Completes $350 Million in Acquisitions in Q1 American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced recently that the real estate investment trust (REIT) completed the acquisition of 18 health care properties in 11 states, as well as a collateralized debt instrument, for an […]
ACTS Retirement-Life Communities isn’t one to let any grass grow under its feet. And the organization’s latest investment is a testament to its strategy to consistently revamp its continuing care retirement communities (CCRCs) with an eye toward the future. The Philadelphia, Pennsylvania-based organization, the largest not-for-profit owner, operator and developer of CCRCs, announced Tuesday its […]
NHI’s Justin Hutchens Makes List of ‘Most Powerful CEOs’ For the fourth consecutive year, National Health Investors’ (NYSE: NHI) CEO and President Justin Hutchens has made Forbes’ lists of America’s Most Powerful CEOs 40 and Under, ranking 14th, 8th, 18th and 13th, respectively. The 20 CEOs listed hail from publicly traded companies that have CEOs […]
Texas Senior Living Communities Acquired for $79 Million Evergreen Senior Living Properties, LLC and management affiliate ESLP Management, LLC, recently announced the acquisition of four senior living communities in Texas from Sears Methodist Retirement System in a $79 million transaction. The purchase includes The Craig in Amarillo, Meadow Lake in Tyler, The Parks in Odessa, […]
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