LTC Completes 16-Property Sale to Enlivant for $26.5 Million

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 […]

SEC Files Fraud Charges Against Two Former Assisted Living Concepts Execs

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 […]

AdCare Hires Senior Housing, REIT Veteran McBride as New CEO

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 Living Banks on Rebranding to Capture Boomers

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 […]

Assisted Living Concepts Changes Name to Enlivant for Fresh Start

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 […]