Transactions & Financings: Brookdale’s $160M Credit Facility; Westmont Living’s $58M Acquisition

The NIC Fall Conference is underway in Chicago and the deals are flowing like wine. Here are some recent transactions. Brookdale secures $160M credit facility Brookdale Senior Living (NYSE: BKD) secured a $160.3 million credit facility for a five-community, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas. Brookdale has owned and operated the portfolio for […]

Movers & Shakers: Watercrest, Heritage, Sweetbay

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 year. […]

Movers & Shakers: Brookdale Senior Living, Lifespace Communities, Sodexo

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 year. […]

Providers Find Rich Stream of Referrals in Community Groups

Primary care physicians, cardiologists and the Lions Clubs International—no, this isn’t a game of “odd man out,” but rather a diversified mix of referral sources senior living operators should consider in their marketing, sales and outreach efforts. Reaching out to community and volunteer-based organizations, like the Lions Clubs, is a fruitful way for senior living operators […]

Movers & Shakers: NHI, Argentum

Bailey Named CEO of Blue Willow Systems Menlo Park, California-based Blue Willow Systems, developers of a software as a service (SaaS) platform designed to detect falls and provide analytics to senior living facilities, has named Bob Bailey as its new CEO. Bailey has served as the company’s chairman of its board of directors. Prior to […]

How Providers Can Combat Negative Consumer Perceptions

This coverage of the 2016 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing live event coverage of the NIC conference, […]

Movers & Shakers: The Goodman Group’s New COO

The Goodman Group Appoints New COO Minnesota-based senior living developer and manager The Goodman Group appointed Craig Edinger as its chief operating officer. In his new role, Edinger will be responsible for The Goodman Group’s operational and business functions of its 70 senior living and health care, residential and commercial properties. Edinger has worked with […]

Movers & Shakers: Capital One’s Senior VP

Capital One Appoints New Senior Vice President to Seniors Housing and Healthcare Agency Lending Group Capital One announced on Sept. 17 the appointment of Allison Holland as the company’s senior vice president to its Seniors Housing and Healthcare Agency Lending Group. In her new role, Holland will serve as originations manager for Fannie Mae and Freddie […]