Welltower Announces Promotions Welltower Inc. (NYSE: HCN) announced the promotion of Matthew McQueen from senior vice president of legal to senior vice president of general counsel and corporate secretary, as well as the promotion of Mercedes Kerr to executive vice president of business development. Before joining Welltower in April 2015, McQueen served as a partner […]
A surge in seniors housing construction isn’t staving off investor demand for the product, according to exclusive research findings from a survey conducted by the National Real Estate Investor (NREI) and the National Investment Center for Seniors Housing & Care (NIC). Even so, concern around competition is high, as 62% of participants indicated new and competing […]
Solera Senior Living Hires COO, Partner Solera Senior Living hired Dina Kelly as a partner and the COO of the company. Kelly has spent 15 years in senior living in sales, marketing and operational leadership capacities. Most recently, she served as the senior vice president of sales and marketing for Senior Lifestyle Corp., a national […]
The need in senior living for a middle-income price point is growing, as the reality of the demographics coming down the pike is alarming and impossible to ignore. By the year 2036, 40% of people over age 62 are projected to have assets of $25,000 or less, and 20% are expected to have $5,000 or […]
Senior Lifestyle Announces New EVP, Chief Administrative Officer Senior Lifestyle, an owner, operator and developer of senior living communities, announced the promotion of Justin Robins to executive vice president and chief administrative officer. Robins has served in various roles at Senior Lifestyle, including financial analyst, director of development, director of hospitality, vice president of capital and […]
CBRE Promotes New Vice Chairman CBRE Group, Inc. announced the promotion of Aron Will to vice chairman. He is CBRE’s youngest vice chairman to date. Will is currently the co-leader of the national senior housing debt and structured finance practice for CBRE Capital Markets, which specializes in the capitalization of independent living, assisted living, memory […]
Cooking in a senior living community isn’t always straightforward. Chefs have to know their residents’ food preferences and dietary restrictions, and go on to prepare food that meets their needs and remains tasty, all while ensuring the staff gets plates on the table efficiently. Imagine, then, if the task were made even more complicated by […]
Touchmark Announces New CEO Touchmark, a Portland, Oregon-based company that develops and operates full-service retirement communities in the United States and Canada, announced the promotion of Marcus P. Breuer to CEO. He takes over the leadership position from Founder and Chairman Werner G. Nistler Jr. Breuer joined Touchmark in 2004 as vice president of finance and […]
Lancaster Pollard Opens Chicago Office Lancaster Pollard opened a new office in Chicago, with Brett Murphy serving as the firm’s primary health care banker for Illinois. In Chicago, Murphy will provide seniors housing and health care clients with a range of investment banking, mortgage banking, private equity, balance sheet financing and M&A advisory services. Murphy […]
This week on Senior Housing News, readers learned about the future of senior housing, which has a lot to do with adhering to the needs of middle-income seniors. They also learned how to arrange good deals on Class B senior housing properties, how senior living companies still rely on temp agencies to combat staffing woes, […]
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