Heritage Senior Living Names New COO Heritage Senior Living has promoted its vice president of operations, Pierre Verger, to the title of COO, the company announced. In his new role, Verger will focus on growth and development and place a priority on creating partnerships and relationships with other health care industry leaders. Verger, who joined […]
Capital Senior Living
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
Senior housing owners and operators saw their share prices slide on Monday as the markets plunged, with the Dow Jones industrial index posting its largest-ever intraday decline of nearly 1,600 points. Toldeo, Ohio-based Welltower Inc. (NYSE: HCN) finished the regular trading day down 3.28%, Chicago-based Ventas Inc. (NYSE: VTR) posted a decline of 2.67%, and […]
Capital Senior Living (NYSE: CSU) is in recovery mode. The Dallas-based senior housing provider has introduced a number of “recovery initiatives” to improve performance both operationally and financially, Capital Senior Living CEO Larry Cohen said during Wednesday’s third-quarter 2017 earnings call with analysts. If all goes according to plan, the end result of the company’s efforts […]
The senior living industry is evolving. Some changes are in response to consumer preferences, while others are driven by market conditions such as a wave of new supply. A few leaders in senior living recently weighed in on some of the top trends and forces they see shaping the industry. From the growth in ancillary services […]
The New Jewish Home Names Farber as Next President/CEO New York-based The New Jewish Home (Jewish Home) will welcome Jeffrey I. Farber, MD, MBA, as its next president and CEO, effective December 18. The Jewish Home is non-profit provider of senior care services, including long-term care, senior housing, short-term rehabilitation, and home care. Farber joins […]
Hurricane Irma pummeled the Sunshine State over the weekend—and started to test senior housing companies’ natural disaster protocols in the process. In South Florida, 1 in 5 residents is older than 65, and in three counties projected to be hit hardest by Irma, there are about 500,000 residents over the age of 75, The New […]
One of the nation’s biggest senior living providers is pitching in to aid Houston seniors displaced by the devastating flooding that Hurricane Harvey left in its wake. Dallas-based Capital Senior Living (NYSE: CSU), which owns and operates 129 senior living communities around the U.S., including 32 in Texas, has announced that it has room for […]
Editor’s Note: This article has been corrected from a previous version which wrongly attributed quotes from CEO Larry Cohen to Brett Lee. Lee is joining Capital Senior Living on Aug. 14 as COO. The article also has been updated to reflect that 10 communities were impacted by costs related to temporary labor, not one community […]
One of the largest senior living operators in the U.S. has a new chief operating officer. Capital Senior Living (NYSE: CSU), which operates 129 senior housing communities in 23 states including California, New York, Virginia, Texas and Illinois, named Brett D. Lee, 42, as its new executive vice president and chief operating officer, according to a press […]