NHI, Discovery Entering $128M, 6-Property Joint Venture

National Health Investors (NYSE: NHI) is strengthening its relationship with Discovery Senior Living. The Murfreesboro, Tennessee-based health care real estate investment trust announced a $128.4 million joint venture with the Bonita Springs, Florida-based provider to acquire six properties in Indiana, Maryland and Pennsylvania. NHI is also committed to a $6 million senior mortgage for an […]

Welltower To Transition 20 Silverado Properties to Frontier Management

Real estate investment trust Welltower (NYSE: WELL) has tapped Frontier Management to take over operations of 20 memory care properties currently operated by Silverado. The transition will take place over the next few weeks, and Frontier’s signage should be on the buildings by June 30, according to an internal Silverado memorandum obtained by Senior Housing […]

Movers and Shakers: Autumn Leaves Names New COO; Caddis Hires VP of Senior Living

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

LCS Starts to Execute on New CEO’s Agenda

Joel Nelson officially took the reins as Life Care Services president and CEO on Jan. 1, and the company is making moves on some of the top priorities he identified after being named to the position. The Des Moines, Iowa-based company is one of the largest senior living operators in the nation, and is the […]

Movers & Shakers: Kindred’s New General Counsel

Kindred Appoints Joseph L. Landenwich as General Counsel and Corporate Secretary  Kindred Healthcare, Inc., the largest post-acute services provider in the country, has named Joseph L. Landewich as general counsel and corporate secretary, effective Jan. 31, 2016. He will assume the role following the retirement of M. Suzanne Riedman, chief counsel and chief diversity officer. […]

Movers & Shakers — People and Positions for November, Part I

Senior Tech Company Hires Vice President of Client Solutions GeriJoy, a senior tech company that provides 24/7 dementia oversight and companionship, recently announced it has hired Jim Wambach as vice president of client solutions. Prior to GeriJoy, Wambach founded Sesen Elder Care, a provider of in-home care and care hamangement. At Sesen, Wambach was a leader in […]

In the Pipeline: Senior Housing Construction Projects (7/24/13)

Construction: Planned Florida Developers Unveil Plans for Wisconsin Senior Living Complex Harbor Retirement Associates appeared before the Shorewood Plan Commission last week to share their plans for a 96-unit senior living complex, reports the local Patch. The plan calls for a 4-story building containing 60 residential care units, as well as a one-story building featuring […]

Growth Plans Determine Senior Housing Developers’ Capital Pursuits

Senior housing developers may still encounter difficulty obtaining financing for ground-up projects despite reports of the increasing availability of capital, and future growth plans play a crucial role in what kind of capital they pursue. Just because real estate investment trusts (REITs) enjoy a low cost of capital doesn’t mean they’re the best source of […]