Brookdale Pays $75 Million for California Property Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) paid about $74.5 million to acquire the real estate of Palm Beach Gardens, a 317-unit property in Palm Beach, Florida. That equates to about $235,000 per unit, according to The Real Deal, which reported on details of the transaction, citing property […]
Grace Management
Phoenix Senior Living Acquires Three Senior Living Communities Phoenix Senior Living recently assumed management of* three senior living communities in Atlanta, Georgia: Addington Place of Johns Creek, Addington Place of Alpharetta, and Manor on the Square. Phoenix officially began managing these communities on January 1. Consequently, Phoenix Senior Living now operates eight communities in the Southeast, […]
Fortis Management Group Files for Receivership Fortis Management Group filed for receivership in an agreement with its landlords, the company revealed on July 12. The Milwaukee-based management company operates 60 skilled nursing facilities and five independent and assisted living communities throughout Michigan, Minnesota, Wisconsin, Oregon, Washington and Idaho. Read the full story on Skilled Nursing […]
Walker & Dunlop Arranges $20 Million and $6.9 Million Loans for Senior Housing Projects in Florida, Wisconsin Bethesda, Maryland-based commercial real estate services and finance company Walker & Dunlop (NYSE: WD) recently arranged a $6.9 million loan for William Booth Towers, a 15-story, 168-unit Section 8 apartment community in Orlando, Florida, that’s restricted to residents 62 years old […]
Senior housing industry jobs are growing by the day as the population ages….find out who is looking for fresh talent and if your skills fit the needs of some of the industry’s most innovative employers that are advertising on the Senior Housing News Job Board. Post your job today to reach the most progressive and […]
Want to see your company’s job postings in front of the industry’s movers and shakers? Post your job today and reach the most progressive and up to date candidates in the industry. It’s quick, easy and cost effective. This week’s SHN jobs listings include positions at Brookdale, LCS, United Investment and more. Click the following […]
Senior Housing News and its job board attracts the best and brightest talent in the industry. If you’re trying to find candidates who are synched up with industry trends and insights, post your new jobs with us here to get in front of those candidates. In this week’s SHN jobs listing, companies such as LCS, […]
Lifespace Communities Appoints Senior VP of Business Development Lifespace Communities, one of the nation’s largest not-for-profit senior living providers, hired Joe Anderson as senior vice president of business development. In the role, Anderson will drive the Des Moines, Iowa-based company’s growth through mergers and acquisitions. He comes to the role with almost 30 years of […]
Chicago Pacific Founders, the private equity group co-founded by former Brookdale Senior Living (NYSE: BKD) executive John Rijos, has closed its debut fund, which was oversubscribed at its $325 million hard cap. The group plans to deploy the capital on senior housing and other health care-related investments. Strategic industry investors and entrepreneurs, as well as […]
Sienna Senior Living Acquires British Columbia Assets for $255 Million Sienna Senior Living (TSX: SIA), one of Canada’s largest senior housing owners and long-term care providers, has entered into an agreement to acquire a seniors housing portfolio of assets in British Columbia (BC) for $255 million. As part of the deal, Sienna Senior Living also […]
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