Discovery Senior Living Launches New Multi-Brand Strategy with 16-Property Acquisition

The recent acquisition of 16 communities from Healthpeak (NYSE: PEAK) was the largest transaction in company history for Discovery Senior Living and marks the start of a strategic shift for the provider, to a structure of regional brands. The deal was publicly announced last week by Irvine, California-based Healthpeak, which is a real estate investment […]

Healthpeak Announces $2.5 Billion In Senior Housing Sales

Healthpeak Properties’ (NYSE: PEAK) plan to dispose of up to $4 billion worth of senior housing assets is more than halfway complete. The Denver-based health care real estate investment trust (REIT) sold over $2.5 billion in senior housing operating portfolio (SHOP) and triple-net senior housing assets according to its earnings Q4 2020 earnings release on […]

Capital Senior Living’s Future Takes Shape With New Memory Care Program, Growth Strategy

Capital Senior Living (NYSE: CSU) has shrunk considerably during the two years since Kim Lody became CEO, going from 129 communities to 68. But with its portfolio restructuring complete, recent moves have been focused on growth, and the future of the company is becoming clearer. Today, the Dallas-based provider is announcing the rollout of a […]

Movers & Shakers: Ascension Names Chief Medical Officer of Senior Care; Celebrity Chef Partners With Dallas Community

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 […]

Former Capital Senior Living CEO Cohen, Colleagues Launch Trustwell Living

A team of senior living veterans including former Capital Senior Living (NYSE: CSU) CEO Larry Cohen is launching a new operating company, Trustwell Living. Cohen is starting Trustwell Living with three of his colleagues from Capital Senior Living, according to a press release issued this morning. Cohen led Dallas-based Capital as CEO and vice chairman […]

Capital Senior Living Completes Triple-Net Exit, Launches Management Business

Capital Senior Living (NYSE: CSU) has completed the previously announced exit from its triple-net leases and is now entering the growth stage of its turnaround effort, with a new management services business as one platform for expansion. The Dallas-based provider had transitioned 23 formerly leased communities to other operators as of Dec. 31, 2020, according […]

Transactions & Financings: Capital Senior Living Sells Ohio Community; NHI’s $22M Development Loan

Sales and operator transitions Capital Senior Living completes $18M sale of Ohio community Capital Senior Living (NYSE: CSU) completed the sale of a senior living community in Canton, Ohio. The sale price was $18 million, and provided $6.4 million in net cash proceeds to the operator. Additionally, Capital Senior Living was retained by the new […]

Movers & Shakers: American Healthcare Investors Names EVP of Asset Management; United Methodist Communities Names Operations VP

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 […]