Transactions & Financings: CIT Group’s $64M Refinancing; Focus Healthcare Partners’ $65M Virginia Acquisition

CBRE arranges $65 million acquisition financing for Virginia CCRC CBRE National Senior Housing Vice Chairman Aron Will and First Vice President Austin Sacco arranged a $65.2 million acquisition financing package for The Virginian, a 306-unit rental continuing care retirement community (CCRC) in Fairfax, Virginia. Will and Sacco worked on behalf of Focus Healthcare Partners to […]

Invesque Expands Senior Living Portfolio with $340M Commonwealth Acquisition

Invesque Inc. (TSX: IVQ.U), the Toronto-based real estate investment company formerly known as Mainstreet Health Investments, Inc. announced an agreement Wednesday to acquire Charlottesville, Virginia-based senior housing owner and operator Commonwealth Senior Living and 20 of its properties for $340.4 million. Invesque also has an exclusive right of first offer for three other Commonwealth assets […]

Argentum Unveils Apprenticeship for Senior Living Caregivers, Nursing Assistants

Senior living industry association Argentum on Tuesday announced new efforts to recruit, retain, and measure the senior living workforce. At the forefront of those efforts is an apprenticeship for nursing assistants and caregivers in senior living, which the organization is collaborating on with a steering group that includes industry stakeholders Brookdale Senior Living (NYSE: BKD), […]

Get Workers’ First and Last Days Right to Cut Senior Living Turnover

Senior living providers spend a lot of time and resources thinking about their residents’ first and last days, and for good reason. But those companies are remiss if they don’t also focus on their employees’ first and last days. That’s because those two days — the day when a new hire comes aboard, and the […]

Movers & Shakers: Commonwealth Senior Living’s New President, COO

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 year. […]

In the Pipeline: Watercrest’s Florida Plans; Aegis Opens Another Italy-Themed Property

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Watercrest, United Properties Announce Plans for Florida Community Watercrest Senior Living Group and United […]

Movers & Shakers: SmartStop, Commonwealth Senior Living

SmartStop Names Senior Vice President of Finance SmartStop Asset Management, a public, non-traded real estate investment trust (REIT) specializing in self-storage, student and senior housing, recently promoted James Barry to the role of senior vice president of finance. In this capacity, Barry is responsible for managing budgets, forecasts and financial analyses for SmartStop. Previously, Barry […]

Your Source for the Best Senior Housing Career Opportunities

The Senior Housing News (SHN) Job Board is your one-stop resource for open positions in the senior housing industry. Find quality employees, access top talent and put your company’s job posting in front of the 20,000+ daily subscribers to Senior Housing News. Companies are now hiring directors, managers, sales and marketing, sales consultants, administrators and […]