Ecumen Names Shelley Kendrick as New President and CEO

Ecumen, one of the nation’s largest nonprofit senior housing and services providers, has named Shelley Kendrick as CEO and president, effective Feb. 4. Kendrick joined Ecumen in 2012 as vice president of operations and currently is COO. She succeeds Kathryn Roberts, who has been CEO since 2003. Roberts indicated to Ecumen’s board last year that […]

Movers & Shakers: Ecumen, LaSalle Group, Ziegler

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. […]

Ecumen Bets on New Co-op Brand to Attract Younger Seniors

One non-profit senior living provider is building a line of co-op housing, hoping to attract younger residents and expand its portfolio while escaping labor market pressures. Shoreview, Minnesota-based Ecumen is steadily rolling out a plan to build three senior co-ops annually under its new “Zvago” brand, the Minneapolis/St. Paul Business Journal first reported. The provider’s first such […]

In the Pipeline: Senior Housing Construction Projects (11/16/17)

Construction: Announced Dominion to Renovate Former Rehab Center in Kentucky Dominion Senior Living is poised to start work on a 42,000-square-foot, $5 million faith-based assisted living and memory care community in Louisville, Kentucky. Dominion recently purchased the former Glenview Healthcare and Rehabilitation Center with plans to renovate the inside of the one-story building to include 41 […]

Movers & Shakers: Ecumen, Erickson Living

It’s Never 2 Late Names New CFO It’s Never 2 Late (iN2L), a developer of digital engagement technology for senior living community residents, has named Barbara Kandemir as its new chief financial officer. In her new post, Kandemir will oversee finance, human resources, legal/compliance and office management for the company. She will also provide guidance […]

Movers & Shakers: Transforming Age, LCB Senior Living

Bumstead Continues Service on Brookdale Senior Living Board The board of directors of Brentwood, Tennessee-based Brookdale Senior Living will allow board member Frank M. Bumstead to continue his service, despite the board’s age restriction, according to the Nashville Post. Bumstead turned 75 in the past year, which would otherwise disqualify him from serving. His fellow […]

What Senior Housing Providers Get Wrong About Market Studies

As the senior housing industry struggles to adapt to declining occupancy rates and staff availability, investing in quality market analyses is a crucial step before breaking ground. As new industry trends emerge, new areas of the market need to be monitored by senior housing owners and operators. These new market feasibility indicators include seniors’ individual […]

Movers & Shakers: Brookdale Loses CMO, Berkadia’s New Investment Sales Platform

Leader Tapped for Berkadia’s New Investment Sales Platform Berkadia is launching an investment sales platform within its Seniors Housing and Healthcare Group, and has named Senior Director Jason Krug to lead. Krug is based out of the Detroit office of Berkadia, which is a joint venture of Berkshire Hathaway and Leucadia National Corporation, and offers […]

Senior Housing Investments & Transactions: Greystone Closes $210 Million Portfolio Sale

Greystone Closes $210 Million Sale of 8-Property Senior Housing Portfolio  Greystone Real Estate Advisors, a real estate lending, investment and advisory company, closed the sale of an eight-property senior housing portfolio for $210 million. Seven of the properties are in Texas, with another located in Oklahoma. Greystone represented the sellers in the transaction, Harrison Street […]

In the Pipeline: Senior Housing Construction Projects (12/10/15)

Construction: Planned Aspire Development Partners Plans Fla. Senior Living Community Atlanta-based senior housing developer Aspire Development Partners recently announced plans to develop a new senior living community in the north Florida island community of Amelia Island. Construction is scheduled to begin in early 2016 on the project located on Amelia Island Parkway near the Fernandina […]