Covenant Living Communities and Services President and CEO Terri Cunliffe will retire next year in the spring, the senior living operator announced Thursday. The Skokie, Illinois-based operator is currently in the early stages of finding a new leader, with the company hiring a search firm and forming a committee to find candidates Her journey with […]
Covenant Living Communities and Services is not immune to the staffing pressures felt by the rest of the senior living industry — but President and CEO Terri Cunliffe sees signs they might not last long-term. While the industry is grappling with attracting and retaining workers amid the period known as the “great resignation,” Cunliffe is […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In progress Bonaventure Breaks Ground on First Community in N.C. Bonaventure has broken ground on a new “flagship” senior living community and its first in […]
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 […]
Enso Village, the $300 million life plan community under development from Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, now has the majority of its capital stack in place to begin construction. Chicago-based investment bank Ziegler closed on a $297 million bond debt package on behalf of the joint venture. The bonds were […]
Covid-19 is forcing senior living providers to reassess their strategic planning, and many are not waiting for the pandemic to subside to adapt. Notably, large nonprofit providers such as Asbury Communities and Covenant Living Communities & Services are learning to be more nimble with their strategic plans, prioritizing a handful of improvements that can be […]
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 […]
Continuing care retirement communities face unique challenges in responding to the Covid-19 pandemic. Their large sizes, multiple entry points, varying levels of care acuities and layers of government regulations place added pressures on ensuring the safety of residents and containing the spread of the virus if someone tests positive. But providers can adapt their communicable […]
Senior Quality Lifestyles acquires Indiana CCRC for $61M Cushman & Wakefield arranged the $61 million sale of Barrington of Carmel, a 267-unit continuing care retirement community in the Indianapolis suburb of Carmel, Indiana. Cushman & Wakefield Senior Housing team of Allen McMurtry, David Kliewer and Paul Carr represented an affiliate of Addison, Texas-based Senior Quality […]
What’s in a name? For many senior living providers, a whole lot. Across the country, senior living companies are refreshing their corporate branding, and in the process dropping age-related words from their names such as “retirement” and “senior.” Recent examples include Skokie, Illinois-based senior housing nonprofit Covenant Retirement Communities rebranding as Covenant Living, and Franklin, Tennessee-based Vitality Senior […]
