Capital Senior Living Acquires Two Facilities for $56 Million Capital Senior Living Corp. (NYSE: CSU) has acquired two assisted living communities for $56 million. The communities were previously owned by Keystone Senior. The sale of the properties was facilitated by Stephen Snider, an independent senior Read More »
Senior Housing Investments & Transactions: Transforming Age’s $138 Million Portfolio Buy
Transforming Age Acquires $138 Million Portfolio Transforming Age, formerly known as Presbyterian Retirement Communities Northwest, acquired an eight-property portfolio totaling more than 1,000 units for $138 million. The portfolio, located across the Twin Cities, was acquired from a joint venture between Des Moines, Iowa-based LCS Read More »
Movers & Shakers: Lancaster Pollard’s New Bankers
Lancaster Pollard Adds 2 Bankers to Philadelphia Office Lancaster Pollard, a financial services firm that helps health care, senior living and housing providers with financial advice and financing solutions, added Miles Kingston and Tony Ruberg to its Philadelphia office. Kingston and Ruberg will be providing Read More »
Movers & Shakers: Elder Care Alliance’s New CEO
Summit Healthcare REIT Elects Suzanne Koenig to Board of Directors Summit Healthcare REIT, a publicly-registerested, non-traded real estate investment trust (REIT) that primarily invests in senior housing, has appointed Suzanne Koenig to its board of directors following an election at the annual meeting of stockholders. Read More »
Movers & Shakers — People and Positions for August, Part IV
Elder Care Alliance Names Vice President of Operations Elder Care Alliance, a nonprofit system of assisted living and memory care communities in the San Francisco Bay Area, announced James McKie as vice president of operations. McKie began his career in real estate as a residential Read More »
Movers & Shakers — People and Positions for August, Part I
Isaac Losh Joins Senior Star as Vice President of Acquisitions Senior Star, a Tulsa, Oklahoma-based real estate services company committed to senior housing, announced Isaac Losh has joined the company as vice president of acquisitions. In this position, Losh will focus on aspects of the Read More »