Transactions & Financings: Ziegler’s $184M Financing Deal Volume, Commonwealth Senior Living Acquires Virginia Community

Sales and operator transitions Commonwealth Senior Living acquires Virginia assisted living facility Commonwealth Senior Living acquired Cedar Manor Assisted Living, an assisted living facility in Chesapeake, Virginia including 60 assisted living beds and 12 memory care beds. The community will be rebranded as Commonwealth Senior Living at Cedar Manor. Immediately after the holiday season, the […]

Anthology Senior Living Sets New Direction With Its Largest Community to Date

Anthology Senior Living is bullish on senior living communities that include access to the full continuum of care, and a newly opened community near Cleveland offers a glimpse into the provider’s future. The provider — which manages develops, acquires, and operates communities as an affiliate of Chicago-based real estate developer CA — is currently moving […]

How Vertical Integration of Development, Operations Can ‘De-Risk’ Senior Living

Having a vertically integrated senior housing development and operations business is not for everyone — but for two Chicago-based companies, doing so has been valuable. The example of these firms — CA and Vermilion Development — shows how vertical integration can help drive success in an increasingly complex industry, and can support efforts such as […]

Former Sterling Bay, Avamere Execs Launch Senior Living Venture With New Wellness Model

A group of senior living and real estate industry veterans are launching a new company centered on helping seniors live their “next act.” Boise, Idaho-based Wellness Enhanced Lifestyle Living (WELL) is the brainchild of Ryan Haller, former chief development officer at Avamere and founder of its Ovation venture; Dave Mazurek, founder of Sterling Bay’s senior […]

Transactions & Financings: AccentCare, Seasons Hospice Merging; Ziegler’s $42M Financing Package

Affiliations AccentCare, Seasons Hospice to Merge AccentCare Inc. and Seasons Hospice announced a merger, Senior Housing News sister publication Home Health Care News reports. The deal brings Dallas-based AccentCare, one of the five largest home health care companies in the country, and Seasons, one of the top five largest hospice providers, under one corporate umbrella. […]

Brookdale Receives $67.5M in New Relief Funds, CEO Heartened by Vaccine News

Brookdale Senior Living (NYSE: BKD) President and CEO Cindy Baier touted a fresh round of aid from the federal government and new progress on the Covid-19 vaccine as signs that the company is on the right footing to weather the pandemic. Leaders with Brentwood, Tennessee-based Brookdale on Tuesday reported the company has received $67.5 million […]

What’s Behind a Wave of Senior Living CFO Hires in the Pandemic Era

Covid-19 has clouded financial outlooks for senior living providers across the country — and perhaps nobody knows that quite like the industry’s chief financial officers. In recent months, a spate of senior living providers have named new CFOs amid a financial landscape complicated by the pressures of the pandemic. Among the organizations with newly appointed […]