Movers and Shakers: Lutheran Senior Services Announces New COO; Erickson Welcomes DEI Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Kendal Corp. Exec Kelly to Lead Front Porch as CEO

Front Porch Communities and Services has named Sean Kelly to the role of CEO. Kelly, currently the president and CEO of Kendal Corp., is slated to join the Glendale, California-based organization on March 6, 2023. He is succeeding the company’s current CEO, John Woodward, who is retiring after more than seven years in the role. […]

Front Porch Goes Big on Memory Care with Multiple Investments, Conversions

Non-profit senior living operator Front Porch is expanding its memory care offerings while decreasing its skilled nursing units in order to meet evolving resident demands. The Glendale, California-based organization on Friday announced it had expanded memory care resources “through innovative services and expanded capacity in multiple locations across California.” Front Porch has 19 senior living […]

Transactions & Financings: Front Porch, Covia Merger Complete; Invesque Closes $75M in Sales

Transactions Front Porch, Covia Communities Complete Merger Front Porch announced that its merger with Covia Communities became effective on April 1. The merger, which was announced in 2021, has a footprint that includes about 7,500 residents in 19 senior living communities located in four states. The new organization will operate under the Front Porch name […]

Transactions & Financings: New Senior Approves Ventas Merger; Five Star Update; Front Porch’s $306M Refinancing

Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy improvements for the communities it will continue to operate for Diversified Healthcare Trust (Nasdaq: DHC). Occupancy across the Diversified portfolio ended August at 74.7%, a 100 basis point improvement over […]

Transactions & Financings: Healthpeak’s $550M Cash Tender Offer; Bankruptcy Court Approves $76M Henry Ford Village Sale

Healthpeak Properties (NYSE: PEAK) continues to shore up its financial position. The Denver-based health care real estate investment trust (REIT) announced cash tender offers for up to $550 million in senior notes due in 2025. The offerings consist of $250 million in senior notes carrying a 3.4% interest rate, and $300 million in senior notes […]

Front Porch CEO: With Covia Affiliation, We Are Prepared For Rapid Change in Senior Living

Senior living providers Front Porch and Covia are officially affiliated, the organizations announced Thursday. The combination creates a nonprofit with 54 communities across four states, serving about 7,500 residents and more than 6,000 participants in programs and services. Front Porch and Covia first announced their intention to affiliate in June 2020. The merger adds Covia’s […]

New CMS Telehealth Expansion Could Be ‘Very Good’ for Senior Living During Covid-19

The Centers for Medicare and Medicaid Services (CMS) has temporarily expanded telehealth services to include all Medicare beneficiaries, and senior living residents may stand to benefit as a result. CMS announced on Tuesday that Medicare will now pay clinicians to provide telehealth services on a temporary basis for beneficiaries who live across the country, and […]

Don’t Call It a Pilot: 4 Tips for Driving Innovation in Senior Living

“The industry needs more Kari Olsons.” So said a tech entrepreneur in a recent Senior Housing News “Confessions” article. The entrepreneur believes that many senior living providers lack an effective innovation strategy, but Front Porch is an exception, thanks to Olson’s work as the non-profit’s chief innovation and technology officer. Olson took the stage on […]