Biz Briefs: Skilled Healthcare Group, ServiceTRAC, Senior Housing Properties Trust, Life Care Services

SKH Subsidiary to Acquire Home Health Care Agency Skilled Healthcare Group, Inc. (NYSE: SKH) has announced that one of its subsidiaries has agreed to acquire Altura Homecare & Rehab, a home health care agency serving the Albuquerque, New Mexico market. Chris Tapia, Altura’s majority owner and operator since 2009, will continue to manage the business and be active in […]

BIz Briefs – WellAWARE, Brookdale, HDG, Omnicare

WellAWARE Systems Partners with Eden Alternative to Empower a New Standard of Care WellAWARE Systems has announced a new partnership with international not-for-profit organization, The Eden Alternative. Founded by board certified geriatrician and international Elder care expert, Dr. Bill Thomas, The Eden Alternative is driven by a person-directed care philosophy to improve the well-being of […]

Biz Briefs – Chartwell, Emeritus, ELS, PVM, Diversified Global Holdings

Chartwell Restructures Management Contracts for U.S. Properties Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) (“Chartwell”) announced that the management of 45 of its communities (6,420 suites) located in the United States is being transferred to Brookdale Senior Living Inc. (NYSE:BKD) (“Brookdale”) as a result of Brookdale’s acquisition of Horizon Bay Realty LLC, which is […]

Biz Briefs – Be.Group, Cambridge, WellAWARE, NHI, BIA/SC 50+ Housing Council

Southern California Presbyterian Homes Becomes Southern California Presbyterian Homes has announced that is has changed its name to the The nonprofit organization provides housing services to more than 5,300 older adults across California. Since it began in 1955, has grown from one senior living community—White Sands La Jolla—to 34 licensed and affordable […]

Biz Briefs – Oak Grove, Solivita, G5-Yardi, Woodbury Mews, Vital Link

Oak Grove Capital Originates $20.7 Million in Financing for 2 Seniors Housing Communities Oak Grove Capital recently announced the origination $20.7 million in fixed-rate, permanent financing through its Fannie Mae DUS program for two senior housing communities operated by The Arbor Company and owned by a closed-end fund managed by Prudential Real Estate Investors. PREI […]

Biz Briefs – VI, Skilled Healthcare, TV Ears, Saratoga

VI Selected For Awards for Employee Training and Development VI announced that it has recently been named by a number of publications that recognize its human resource development training programs. It has been selected among the top 125 organizations that excel at employee development by Training magazine, while Chief Learning Officer magazine has announced that Vi […]

Biz Briefs: Pacific Retirement Services, NIC, LTC, Vigilan

PRS To Manage Quaker Garden Senior Living in Orange County, California Pacific Retirement Services, Inc. (PRS) announced last week that it has forged an agreement to become the new Management Company for Quaker Gardens Senior Living, a nonprofit Continuing Care Retirement Community in Stanton, California. The agreement is effective on March 15, 2011. PRS, which […]

Biz Briefs: Brookdale, Oakmont Senior Living, Gentiva, WellAWARE, Cambridge

Brookdale Selects RediLearning for Skilled Nursing MDS 3.0 Training RediLearning Corp. has announced that their MDS 3.0 online training has been selected by Brookdale Senior Living, the nation’s largest operator of senior housing, for their Skilled Nursing communities. The complex changes made in MDS 3.0 by the Center for Medicare Services (CMS) put a new […]

Biz Briefs: Hathaway, Always Best, Emeritus, Ensign, Brookdale

Hathaway Breaks Ground on 101 Units in Atlanta Hathaway Construction Services, Inc. announced the start of construction on The Manor at Scott’s Crossing, a $13,000,000, 101 unit senior independent living community in Atlanta, Georgia. The project is owned by Prestwick Development Company, LLC  and is located on a 5+/- acre site on the northwest side […]

Biz Briefs: Holladay Park Plaza, Sr. Management Advisors, Congress Construction

Holladay Park Plaza Celebrates December 2010 Bond Closing Pacific Retirement Services, Inc. (PRS) is pleased to announce that Holladay Park Plaza—a PRS-affiliated Continuing Care Retirement Community in Portland, Oregon—was issued Variable Rate Demand Revenue Refunding Bonds, Series 2010A (Holladay Park Plaza Project), totaling $14,460,000, on December 23, 2010. The Series 2010A Bonds were issued as […]