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Elmcroft Senior Living
Discovery Senior Living and White Oak Healthcare REIT have acquired a 10-building portfolio, which will be operated by Discovery as part of the provider’s strategy of expanding through the creation of largely independent regional management companies. The sale, coming in at more than $100 million, includes communities in Louisiana, Mississippi and South Carolina and contains […]
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 […]
Genacross Lutheran Services, Benedictine affiliation planned Toledo, Ohio-based Genacross Lutheran Services signed a letter of intent to join Benedictine Health System, a Duluth, Minnesota-based senior care provider. The 160-year-old Genacross provides post-acute care, senior housing, and family and youth services across northwest Ohio and southeast Michigan. Benedictine provides services across a continuum of care including […]
Former senior housing operator Elmcroft Senior Living announced on Friday a data security incident that may have exposed the personal information of its residents, employees, clients and patients—including some people who now live in or work for Elmcroft by Eclipse Senior Living communities. The Louisville, Kentucky-based company became aware on May 12 of an unauthorized […]
Currently, almost 70% of the employees in senior living management roles are women—and they shouldn’t always have to sacrifice quality time with their families for their jobs. That’s according to four female senior living leaders who spoke on a Tuesday panel about women in leadership at the 2018 Argentum Senior Living Executive Conference in San […]
The new operating company led by former Holiday Retirement CEO Kai Hsiao is now officially managing a 76-property portfolio of senior living properties. The operator, Eclipse Senior Living (ESL), is jointly owned by Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR), which has a 34% stake. Eclipse management owns the remaining 66%. Ventas, […]
Editor’s Note: Ventas announced the completed transition of the Elmcroft portfolio on Tuesday, Jan. 23. Elmcroft Senior Living is starting a new chapter, with former leaders of another major provider, Holiday Retirement, in the C-suite. Kai Hsiao served as CEO of Holiday, the nation’s largest independent living provider, from April 2013 to December 2015. He is […]
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]
Solstice Senior Living is a new brand in the independent living space, created through a joint venture of management company Integral Senior Living and real estate investment trust (REIT) NorthStar Healthcare Income. Under terms of the JV agreement, 32 independent living properties owned by NorthStar Healthcare Income will come under the third-party management of Integral […]
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