Wolff’s Leondakis Applies Kimpton, Equinox Lessons to Senior Living

Niki Leondakis is looking for ways to leverage her extensive experience in hospitality to fuel the growth in Wolff’s Revel brand, and improve the overall resident experience. A former president and chief operating officer of boutique hotel pioneer Kimpton Hotels, she is also a former CEO of Equinox Fitness Clubs and CEO of Two Roads […]

Five Star C-Suite Shakeup Continues with New CFO

Five Star Senior Living (Nasdaq: FVE) is shaking up its executive ranks again, two days before releasing its Q1 2019 earnings report. The Newton, Massachusetts-based senior living owner and operator announced the appointment of Jeffrey C. Leer as Executive Vice President, Chief Financial Officer and Treasurer. Leer will assume his duties June 1. He succeeds […]

Why Resident Safety Isn’t Always Priority No. 1 for Thrive Senior Living

Thrive Senior Living has launched a new initiative aimed at empowering residents to make more choices, even if some of those choices carry a risk of personal harm. The Atlanta-based senior living provider recently unveiled a new initiative called “Safety Third” meant to combat ageism and boost the residents’ quality of life. Thrive currently operates […]

Affinity Appoints New COO Amid Rapid Southeast Growth

Affinity Living Group (ALG) has a new chief operating officer to aid its ongoing expansion throughout the Southeast. The Hickory, North Carolina-based senior living provider on Thursday announced it has appointed Neal Lail as its COO. Lail, who most recently worked as the company’s chief marketing officer, was hired in 2016 as vice president of […]

Welltower Posts Strong Senior Housing Revenue, Sells $290 Million StoryPoint Portfolio

Welltower’s (NYSE: WELL) senior housing portfolio performance drove strong earnings in the first quarter of 2019, which also included notable transactions such as the $290 million disposition of a triple-net leased portfolio operated by StoryPoint Senior Living. The Toledo, Ohio-based health care real estate investment trust (REIT) on Tuesday reported total revenue of 1.27 billion […]

A Place for Mom Names Travel Tech Executive Kutscher as CEO

A Place for Mom (APFM) announced a change in leadership at the top of its corporate ranks. The nation’s largest senior housing referral service on Monday announced Larry Kutscher as CEO, effective immediately. He succeeds Sean Kell, who resigned as CEO and will continue to serve as a senior adviser to the company. Kutscher will […]

Camaraderie, Food Are Top Drivers of Assisted Living Satisfaction

Assisted living communities that foster a sense of camaraderie are viewed by residents as offering a greater quality of life. High marks on camaraderie also correspond to how likely a resident would be to make the same decision to move in, if given the opportunity again. That’s the main finding of People, Place, Programming: Quality […]

Ventas ‘Delighted’ by Senior Housing Trends, Anticipates ‘Pivot to Growth’

Ventas (NYSE: VTR) hit the ground running in the first quarter 2019 as it entered what CEO Debra Cafaro called a “pivot to growth,” which she anticipates will be fueled by increasingly favorable senior housing supply-demand dynamics. However, in the meantime, Ventas’ senior housing operating portfolio (SHOP) performance continues to be affected by elevated supply […]

Why Senior Living Should Ask More of University Partners

If senior living providers want to work with universities, they’re going to have to offer something of value — but they should ask for something in return, too. That’s according to Andrew Carle, a senior living consultant and former COO of Affinity Living. Carle knows a thing or two about senior living and academia, as […]