About a month ago, Sodalis Senior Living got a shout-out during the Q1 2023 earnings call for Ventas (NYSE: VTR). Sodalis was one of the operators that “contributed significantly to the growth in the first quarter,” said Ventas Chief Investment Officer and EVP of Senior Housing Justin Hutchens. The mention can be seen as a […]
Emeritus
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 […]
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 […]
Driving to spend the Fourth of July weekend with some friends in Michigan, the choice of music for the four-hour road trip was obvious: The cast recording of the hit Broadway show “Hamilton.” The idea was to get in the patriotic mood by listening to the hip-hop retelling of Alexander Hamilton’s life story. But one […]
With the senior housing industry facing a potentially dire shortage of caregivers and leadership talent in the coming years, a familiar name might be part of the solution: Granger Cobb. Cobb was a senior living pioneer in leadership roles at a series of companies, including as CEO of Emeritus Corp., the largest provider nationally prior […]
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, […]
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 […]
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 […]
An investment management firm that late last year publicly pushed for the sale of Capital Senior Living Corp. (NYSE: CSU) is now putting even more pressure on the company. The firm has gone as far as to suggest a sale to real estate investment trust HCP, Inc. (NYSE: HCP)—or a company like it. In a public […]
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 […]
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