A month after the Securities and Exchange Commission brought charges against former Assisted Living Concepts CEO Laurie Bebo, the exec is fighting back with her own charges against government regulators. Bebo has filed a lawsuit against the SEC, saying the regulator is violating her right to a jury trial, according to a complaint filed on […]
Enlivant
LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in senior housing and health care properties, announced Monday it has completed the sale of 16 assisted living properties to Enlivant (formerly known as Assisted Living Concepts) for $26.5 million. The properties — located in Arizona, Idaho, Oregon and Washington — comprise 615 […]
The Securities and Exchange Commission is bringing new charges against two former executives of Assisted Living Concepts, alleging the executives listed fake occupants at some of its senior living communities in order to meet lease requirements. The charges, filed and announced by the SEC Enforcement Division, allege that former CEO Laurie Bebo and former CFO […]
Months after the company announced its transition out of senior housing operations, AdCare Health Systems, Inc. (NYSE MKT: ADK) has hired senior housing and REIT veteran William “Bill” McBride III as president and CEO, effective immediately. McBride — who previously served as CEO of Assisted Living Concepts (now Enlivant) and as President, COO and director […]
Senior. Retirement. Assisted living. All are terms familiar to senior housing marketing. But a new wave of name changes is taking communities and companies away from their traditional branding. These name changes, some say, have both advantages and disadvantages. In some cases, providers may find a broader market reach and an overall better reflection of […]
A spate of rebranding initiatives in the senior housing space have seen companies dropping words like “retirement” and “assisted living” from their names, with varying motivators. Some have kept “senior living,” while changing other aspects of their brands. All are joined by the common thread of rebranding—and capturing the boomer consumer—although the exact reasons for […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week: Brookdale Merger Blasts Open Divide Between Large, Small Providers—No one denies that post-merger Brookdale will be a force for other senior living providers to reckon with, but such a large platform will have its share of challenges. Huge […]
In the past year, Assisted Living Concepts LLC has gotten a new owner, a new company headquarters location, and now a new name—Enlivant—as part of a comprehensive rebranding effort. “It’s a new day at our company,” Enlivant Chief Executive Officer, Jack R. Callison, Jr., said in a statement. “The name ‘Enlivant’ captures the essence of […]
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