Aegis Living Hires Starbucks Exec Engskov as President

Aegis Living has named former Starbucks (Nasdaq: SBUX) executive Kris Engskov to the role of president. Engskov, who previously worked as executive vice president of business integration for the global coffee giant, is succeeding Judy Meleliat, who is retiring from her role as president for the Bellevue, Washington-based senior living operator. Engskov is officially set […]

Aegis Living, Blue Moon Capital Forge Joint Venture Through 3-Property Deal

Aegis Living has struck a joint venture agreement with private equity firm Blue Moon Capital Partners, through a transaction involving three assisted living and memory care properties. This marks the first time that Aegis, founded in 1997 and privately held, has partnered with an institutional investor. On behalf of an institutional separate account client seeking […]

3 Ways to Build Intergenerational Senior Living through Affinity Groups

Six trends are rocking intergenerational senior living, changing how operators deliver a lifestyle that is growing each day in popularity and product type. Last week, we looked at five of those trends, each of which are explored in deeper detail in the new Senior Housing News report, “The New Opportunity in Intergenerational Senior Living.” The […]

The Age of Scale in Senior Housing is Just Beginning

The age of the single senior housing community operator is going the way of the dodo and the dinosaur. Operators handling 10 or more properties account for 43% of all units in operation, according to data from the National Investment Center for Seniors Housing & Care (NIC), which revealed the data on the final day […]

In the Pipeline: Watercrest’s Florida Plans; Aegis Opens Another Italy-Themed Property

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Watercrest, United Properties Announce Plans for Florida Community Watercrest Senior Living Group and United […]

HCP Unveils 5-Step Plan to Transform Senior Housing Portfolio

HCP, Inc. (NYSE: HCP) is hoping to get away from the “noise of repositioning” and finally start transforming. Addressing its senior housing portfolio is one key part of achieving this transformation, and leaders with the Irvine, California-based health care real estate investment trust (REIT) laid out their plans Thursday, in conjunction with announcing first-quarter 2018 earnings. One major facet […]