Belmont Village President: Crisis Breeds Innovation, Opportunities

Like senior living providers across the nation, Belmont Village has been tested by the coronavirus pandemic. Yet, despite increased costs and operational complexities, Covid-19 is also spurring innovation and could present growth opportunities for the Houston-based provider, according to President Mercedes Kerr. After a decade with Toledo, Ohio-based real estate investment trust Welltower (NYSE: WELL), […]

Harrison Street Acquires Portfolio of 11 Brightview Communities

Real estate investment firm Harrison Street is expanding its relationship with Brightview Senior Living. The Chicago-based company announced Wednesday it acquired an 11-community portfolio managed by Brightview. The portfolio comprises 1,322 units in independent living, assisted living and memory care properties across Maryland, New Jersey and Massachusetts. All of the communities are stabilized, with an […]

Harrison Street Raises $1.6 Billion Fund, Targets Senior Housing

Real estate investment firm Harrison Street has raised $1.6 billion in equity for its latest fund, which will heavily target senior housing investments. Chicago-based Harrison Street hit the fund’s hard cap of $1.3 billion — exceeding the initial target of $950 million — and raised an additional $302.5 million in co-investment vehicles, the firm announced […]

Movers & Shakers: Maxwell Group’s New President; Springpoint Names VP of Marketing

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 […]

Movers & Shakers: NIC Board Appointments; New Atlas Senior Living CFO

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 […]

Merrill Gardens Co-Founder Quietly Builds Wellness-Focused Operator GenCare

GenCare Lifestyle is not a large senior living provider, but the Seattle-based company is making a mark. Helmed by industry veteran Leon Grundstein, GenCare has been on the leading edge of wellness-focused operations, with particular innovation in the area of dining, and has started working with a new capital partner to support the company’s continued […]