Heritage Senior Living Names New COO Heritage Senior Living has promoted its vice president of operations, Pierre Verger, to the title of COO, the company announced. In his new role, Verger will focus on growth and development and place a priority on creating partnerships and relationships with other health care industry leaders. Verger, who joined […]
Heritage Senior Living
After fifteen years in business, Heritage Senior Living is upping its game with a $500,000 technology initiative, as part of a recently developed operational strategy drawing from best practices internationally. Heritage is one of Wisconsin’s largest senior living providers and only operates in that state. With its corporate offices located in the Milwaukee suburb of West Allis, […]
OnShift’s Peter Corless Begins Second Term on AHCA Governing Board Peter Corless, executive vice president of enterprise development at OnShift, has been re-elected as the associate business member (ABM) president for the American Health Care Association (AHCA). OnShift is a Cleveland-based software development firm that specializes in the post-acute care and senior living industries. Corless […]
Always Best Care Names New Territory Owner Roseville, California-based Always Best Care Senior Services has named husband-and-wife team Ethan and Ian Kim as the new owners of its San Diego South Territory. The agency provides non-medical in-home senior care services and free assisted living placements to local communities like Coronado, Downtown North Park, South Bay and […]
(Rendering of Hunters Woods at Trails Edge Senior Living Community — photo courtesy of Atlantic Realty Companies) Construction: Planned Developer Planning Assisted Living Community Near Indianapolis A new senior living community focused on assisted living is coming together in a city just outside of Indianapolis. Chicago’s Vermilion Development proposed a new 119-unit community in Terra Haute, Indiana, reports the […]
Walker & Dunlop Closes Acquisition of $3.8 Billion Portfolio Walker & Dunlop, Inc. (NYSE: WD) completed the purchase of a $3.8 billion commercial mortgage servicing portfolio from a subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY) for a final closing price of $44.6 million. The previously announced acquisition makes Walker & Dunlop, a major financing for […]
Chicago Housing Authority to Buy Presbyterian Homes Senior Apartments for $19 Million The Chicago Housing Authority (CHA) closed a $19 million deal to acquire three affordable housing apartment buildings for seniors in order to save dozens of senior residents from eviction, DNAinfo reported. The sale closed March 2. The apartments included 111 units, 71 of […]
The Ensign Group Announces $250 Million Revolving Credit Facility The Ensign Group, Inc. (Nasdaq: ENSG), which is based in Mission Viejo, California, announced that Ensign and its operating subsidiaries have boosted its revolving credit facility by $100 million to an aggregate of $250 million, $105 million of which was drawn as of Feb. 1. The credit […]
Construction: Planned Foreign Investment Program Propels Assisted Living Project With the help of a program that recruits foreign investors, Ridgeline Management Group is looking to break ground on a senior living community in Oregon as early as mid-summer, reports the Albany Democrat Herald. The 92-bed assisted living community will be a three-story 72,000-square-foot building on […]
Construction: Planned Trilogy Health Services, Silvercrest Plan $20 Million Indiana Project Trilogy Health Services LLC is partnering with real estate developer Matt Chalfant, dba Silvercrest LLC, in a previously announced project to convert the former Silvercrest Children’s Development Center into a senior living complex. The project, located in New Albany, Indiana, would reportedly cost about […]
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