Movers & Shakers: Heritage Senior Living, Greystone

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 […]

Sunrise, Holiday Earn Top Honors from J.D. Power

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 Feels the Pain as Stock Markets Plunge

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 Enters Recovery Mode, Standardizes Operations

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 […]

4 Ways Senior Living Leaders See the Industry Evolving

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 […]

How Capital Senior Living is Helping After Hurricane Harvey

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 […]

Capital Senior Living Names New COO

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 […]