American Capital Real Estate Finance Group Adds Three Members to Investment Team Three new members have been appointed to the American Capital Real Estate’s Finance Group’s (ACRF) investment team in an effort to expand the company’s capacity for commercial real estate investment. Those joining the ACRF investment team are Jeff Erhardt, Paul Nevala and Michael […]
ABHOW
In case you missed it, here are the top headlines grabbing readers’ attention this week, plus some other notable stories from around the web that caught our eye here at SHN: Most Read on SHN ABHOW, be.group Merger to Create $1.5 Billion Senior Living Nonprofit — California-based nonprofit senior living providers American Baptist Homes of the West […]
California-based nonprofit senior living providers American Baptist Homes of the West (ABHOW) and be.group have agreed to merge, the companies announced today. The consolidation will create California’s largest nonprofit senior living provider and one of the half-dozen largest nationally, the companies said. The merger, expected to be finalized in early 2016 pending regulatory approval, will […]
Construction: Planned California CCRC to Spend Upwards of $30 Million on Expansion To accommodate an expected increase in the demand for senior living, Casa Dorinda, a California continuing care retirement community (CCRC) plans to add roughly 103,000 sq. ft. and build 20 independent living units at its campus in Santa Barbara, Calif., reports Pacific Coast […]
Jesse Jantzen Named President, CEO of Ascension Health Senior Care Ascension Health Senior Care — part of Ascension Health, the health care delivery subsidiary of St. Louis-based Ascension — has named Jesse Jantzen as its new president and CEO, effective March 27. Jantzen replaces Mark Frey, who has served as CEO of Ascension Health Senior […]
In case you missed them… here are the top headlines grabbing SHN readers’ attention this week: Finding the Next Hot Spot for Senior Living Development—The last 18 months netted several senior living hot spots across the country. Where will the next ones be? SHN looked into recent analysis on senior migration patterns that may clue […]
Nonprofit senior housing and health care provider American Baptist Homes of the West (ABHOW) is expanding its affordable housing footprint through the reorganization of its affordable housing division as Beacon Communities, effective Jan. 1. A subsidiary company wholly owned by ABHOW, Beacon Communities will focus on meeting the housing needs of seniors with lower incomes […]
NorthStar Healthcare Appoints New CEO, President NorthStar Healthcare Income, Inc. has announced the appointment of Ronald J. Jeanneault as CEO and president of the company, and the election of James F. Flaherty III as vice chairman of the Board. Jeanneault has served as executive vice president and head of asset management of both NorthStar Healthcare and […]
Senior living has come a long way in recruiting and raising good leadership. From the rise of degree programs that are focused in senior living management to operators that have shifted their attention toward hiring practices and community building efforts among both staff and residents, the industry continues to grow its reach in recruiting and […]
Construction: Planned Smith/Packett to Bring $28 Million Project to South Carolina Senior housing developer Smith/Packett is believed to have a $28 million community planned for North Charleston, S.C., local The Summerville Journal Scene reports. The Crossings at Wescott Plantation will be a 182-unit community providing housing options for independent, assisted living and memory care. Project team […]
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