Brookdale Issues Most Heated Argument Yet Against Board Nominee Flaherty

The gloves have come off in an ongoing proxy battle between Brookdale Senior Living (NYSE: BKD) and activist shareholder Land & Buildings. Brookdale on Thursday ratcheted up the intensity of its arguments against board nominee Jay Flaherty, a former CEO of real estate investment trust HCP (NYSE: HCP), who was put forward by activist shareholder […]

Recently Formed REIT Targets Blend of Student, Senior Housing

Strategic Student & Senior Housing Trust (SSSHT) is forging ahead to build a portfolio of senior housing and student housing properties, seeing synergies between the two and the potential for co-locating them. SSSHT is a public non-traded REIT sponsored by SmartStop Asset Management, a Ladera Ranch, California-based diversified real estate company focused on self-storage properties. […]

Brookdale Acquires 18-Property HCP Portfolio for $405M, Exits Joint Venture

Brookdale Senior Living (NYSE: BKD) has inked several new transactions with HCP (NYSE: HCP) that both companies say better position them for the future. The multiple transactions will see Brookdale assume ownership of an 18-property leased portfolio for $405 million, step away from a joint venture and reconfigure lease obligations, the companies announced Tuesday. The […]

In the Pipeline: Phoenix Plans Georgia Project; Cadence, Ryan Cos. Open Arizona Community

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Phoenix, Flournoy Team Up for Georgia Project Phoenix Senior Living has announced a […]

Inside SRG’s ‘Under the Radar’ Innovation Push

Senior Resource Group (SRG) has implemented new evidence-based wellness offerings, announced a new program to reduce hospital readmissions, joined a virtual reality research project, and helped launch a new effort related to Medicare Advantage — all in the past 12 months. But CEO Michael Grust isn’t calling this a new chapter for the Solana Beach, […]

Vi Plans Return to Rental Senior Living Communities

If all goes according to plan, Vi will be back in the rental game soon. The Chicago-based operator of luxury, entrance-fee continuing care retirement communities (CCRCs) is close to revealing new plans for a line of high-end rental communities with independent living, assisted living and memory care units, according to Vi President Randy Richardson. The […]

Movers & Shakers: MedCore Expands Senior Living Team; New Senior Living Communities Hires

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

New Perspective Names Ryan Novaczyk as CEO, Chris Hyatt as President

There’s a new CEO and a new president at New Perspective Senior Living. The Minnetonka, Minnesota-based company on Monday named Ryan Novaczyk as CEO and Chris Hyatt as president. The duo previously worked as the company’s president/CFO and partner/COO, respectively.  Todd Novaczyk, Ryan’s father, the company’s founder and its first CEO, is transitioning to chairman […]

Intergenerational Designs Replace ‘Aging-in-Place’ Vibe at CCRCs

Baby boomers are bringing a new set of expectations to senior living, and architects and designers of CCRCs are heeding the call. It’s no secret the boomers will want to maintain their current lifestyles, especially as they move into the active adult or independent living wings of sprawling continuing care retirement communities (CCRCs). And they […]