Ascension Living has named a seasoned health care and senior housing and care industry veteran to its top leadership role. The St. Louis-based senior living operator, which is part of non-profit Catholic health system Ascension, on Tuesday announced Christopher Caserta has taken the reins as CEO. By taking the CEO role, Caserta is assuming a […]
Category: Management
Welltower (NYSE: WELL) has updated its annual guidance, a sign that the real estate investment trust has a more rosy view of the senior living industry’s recovery. In a business update issued Tuesday, Welltower reported it now expects to achieve normalized funds from operations (NFFO) in a range of $3.43 to $3.56 per diluted share […]
Solstice Finds VP of Operations In-House Solstice Senior Living announced that it has promoted Nathan Mills to the position of VP of operations after he spent five years as regional VP of operations. Mills’ background includes experience in operations, marketing, and sales. He has led operational strategy and supported community teams. The Overlook Names CFO […]
In late March, Epoch Senior Living Founder and CEO Larry Gerber died. His wife, Laurie Gerber, immediately picked up the torch and is leading the company into its next evolution. As the company’s new leader, Gerber said she sees two main priorities for Epoch moving forward in 2023 and beyond: Solving staffing challenges and growing […]
Earlier this spring, I received a LinkedIn message related to the future of the TPG/Sabra Healthcare REIT (Nasdaq: SBRA) joint venture senior living portfolio, operated by Enlivant. The message was from a relative of a resident, sharing a letter stating that a new operator would soon be taking over. I eventually learned the future operator […]
About a month ago, Sodalis Senior Living got a shout-out during the Q1 2023 earnings call for Ventas (NYSE: VTR). Sodalis was one of the operators that “contributed significantly to the growth in the first quarter,” said Ventas Chief Investment Officer and EVP of Senior Housing Justin Hutchens. The mention can be seen as a […]
Life plan community operator Vi has not necessarily been known for memory care services alone, but a new effort to stand out from the competition may be changing that. The Chicago-based senior living operator has always offered upscale memory care services to residents through its full-continuum care model, and there are no current plans to […]
Masonic Homes of California recently welcomed a senior living veteran as president and CEO who sees the future of the organization’s reach going beyond the traditional community-based model. Terry Quigley brings more than 20 years of leadership experience to her new role, having previously served as COO of Episcopal Communities and Services overseeing three CCRCs, […]
After two consecutive years of widespread rate increases at or above historic levels, one question hangs on the mind of senior living executives: Will there be another one? The senior living industry is waiting to see how a number of factors play out in the second half of 2023 before answering that question. Operators have […]
The number of senior living communities that include gender identity and sexual orientation in their anti-discrimination policy shot up in 2022 — but there is still plenty of progress yet to be made. This is according to the 2023 Long Term Care Equality Index (LEI) which included results from 200 long-term care communities across 34 […]