It’s crucial these days for senior living companies to attract and retain multiple generations of workers, not only in communities but at the corporate level. Doing that is no small feat, however. Some businesses in the sector are finding that a well-designed headquarters, which creates a vibrant culture that drives the company’s mission and bottom-line results, can help. For […]
Enlivant
*Editor’s Note: This story has been corrected from a previous version, which inaccurately stated there was a significant decrease in total units among the largest providers. This was based on a mistaken analysis of the data, confusing resident capacity with unit count. Argentum’s 2016 rankings were based on resident capacity, and this year the rankings […]
On Tuesday, Sabra Health Care REIT (Nasdaq: SBRA) announced it had entered into a definitive agreement to acquire a 49% equity interest in a joint venture that owns 183 senior housing communities managed by Chicago-based operator Enlivant. The move is a “proverbial strategic win-win-win” for Sabra, Enlivant and the operator’s private equity ownership firm TPG, Enlivant […]
Sabra Health Care REIT (Nasdaq: SBRA), which became the eighth-largest health care real estate investment trust (REIT) in the U.S. after a recent mega-merger, has plans to get even bigger. The Irvine, California-based REIT has entered into a definitive agreement to purchase a 49% equity interest in a joint venture that owns 183 senior housing […]
Enlivant Acquires Four Senior Living Communities In Indiana and Ohio Enlivant, a national provider of senior care services, has purchased three senior living communities in Indiana and one in Iowa, according to a press release. The terms of the deal were not disclosed. The new Enlivant communities are Elkhart Place (formerly Beardsley House) in Elkhart, […]
Somerby Senior Living Names New President and COO Dominion Partners and Somerby Senior Living recently announced that David Grady has been named Somerby’s new president and COO. Grady has more than 30 years of experience in senior living operations, having served as an administrator, activities director, area administrator and regional vice president of rehab and skilled […]
(Rendering of Allegro’s Richmond Heights community — image courtesy of Allegro Senior Living) Construction Planned Luxury Senior Housing Developer Sets Sights on Little Rock Area Abby Development, a luxury senior housing builder, owner, and operator, has plans to break ground on a new “resort-style” seniors housing campus near Little Rock, Arkansas. Workers are poised to break ground […]
This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing live event coverage of the NIC conference, […]
Senior Housing News and PointClickCare have teamed up over the past year to bring an in-depth look into what it takes to be an influential leader in the senior housing industry today. The Leadership Series is a consortium of comprehensive interviews with industry-leading executives to bring unique insight into their personal stories. The series covers […]
Technology should be a game changer for senior living organizations, and those that have implemented technologies are already seeing strong success. But there’s no single approach when it comes to technology adoption. Operators are spearheading tech efforts to meet the needs of residents, staff and business functions in many ways. Hear from CEOs of the […]
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