National Senior Communities, Good Samaritan Society Again Top List of Largest Senior Living Nonprofits

National Senior Communities and the Evangelical Lutheran Good Samaritan Society are still the two largest senior living nonprofits in the country, according to the latest LeadingAge-Ziegler 200 report The annual report, released Thursday, categorizes the largest nonprofit senior living operators by total unit count. Overall, the top-10 largest operators made up just under a third […]

Transactions & Financings: Healthpeak Closes $3B Credit Facility; Benedictine’s $132M Refinancing

Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a new unsecured revolving credit facility, with commitments totaling $3 billion. The facility reduces Healthpeak’s borrowing costs and extends the maturity date to Jan. 30, 2026. Furthermore, the REIT controls two […]

Transactions & Financings: $277M Brookdale-Healthpeak CCRC Deal Complete; Genacross Lutheran-Benedictine Affiliation

Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]

10 Senior Living Providers Collaborate on New Medicare Advantage Plan

Ten senior housing and care providers in the Twin Cities area of Minnesota will be offering a new Medicare Advantage special needs plan to their residents next year. The plan is a collaboration between the 10 senior living companies, Minneapolis-based nonprofit health plan Medica and integrated care provider Genevive. The senior living providers together have […]

Movers & Shakers: AHCA/NCAL, Watercrest Senior Living

AHCA/NCAL Elects New Board of Governors, Directors The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has recently elected AHCA’s board of governors and NCAL’s board of directors for the 2017/2018 term at its annual convention in Las Vegas. Among the new officers, both boards selected new chairs for the coming year: […]