Vitality Living CEO: Pandemic ‘Woke Up’ Senior Living Providers to Urgency of Workforce Issues

In the past, too many senior living providers put off addressing workforce challenges while preoccupied by the quest to achieve stabilized occupancy. That’s according to Vitality Living CEO Chris Guay, who believes that providers now have no choice but to work on both issues simultaneously, given the labor crisis occurring while companies need to recover […]

Former CEO Bill Sheriff Re-Joins Brookdale as Consultant

Bill Sheriff, a pioneer in the senior living industry and former CEO of Brookdale Senior Living, is re-joining the Brentwood, Tennessee-based provider as a consultant. “I am pleased to again work with the talented and committed people of Brookdale – from the front-line associates to senior management – who are selflessly dedicated to enriching lives […]

Brookdale Sells 44-Property Portfolio for $253 Million

The nation’s largest senior living provider has scaled down at least a bit, entering into an agreement to sell a portfolio of 44 communities for an aggregate price of $252.5 million. The Brookdale Senior Living (NYSE: BKD) buildings represent 1,874 assisted living units and 579 memory care units and are spread across 12 states, the Brentwood, […]

NHI on the Hunt for Skilled Nursing As Other REITs Flee

With some of the major real estate players making moves and taking shots at one another’s skilled nursing assets, one real estate investment trust (REIT) is standing its ground with its own skilled operators and continuing to increase its exposure in the space.  Tennessee-based National Health Investors Inc. (NYSE: NHI) is distinguishing itself among its […]

Former Brookdale Exec to Lead New Senior Living Operator

Those who believe senior housing needs more high-quality operators might welcome a new entrant helmed by a former executive with industry giant Brookdale, backed by an investment firm with bona fides in the sector. Nashville-based Vitality Senior Living currently is pursuing new development in several markets in the Midwest, Northeast, and Southeast, and expects to […]

Holiday’s Shamim Wu Named Silverado President

Shamim Wu, current executive vice president of sales for Holiday Retirement, has been named president and chief operating officer of Silverado Care, the companies announced Tuesday. Wu will assume her new position Jan. 18. Wu’s move comes at a time when many in the industry are raising concerns about future leadership, as the pace of CEO retirements […]