New Senior Investment Group Inc. (NYSE: SNR) is repositioning its 51-property Holiday Retirement portfolio as its review of strategic alternatives moves forward. Susan Givens, CEO of the New York City-based real estate investment trust (REIT), called the decision to reposition the Holiday portfolio “a significant evolutionary step for Read More »
Movers & Shakers: Brookdale Hires Interim CFO, Ventas’ New MOB Leader
Brookdale Senior Living Hires Interim CFO Brookdale Senior Living’s board of directors has appointed Teresa Sparks as the company’s interim CFO, effective March 28. Sparks is taking over for Lucinda Baier, who left the CFO role to become Brookdale’s new president and CEO last month. The Read More »
Dynamic Pricing Pegged as ‘Flash in the Pan’ for Senior Living
The shift from building communities with only one level of care to building with an entire continuum of care seems like it could be here to stay in senior living. Dynamic pricing, which some providers have touted as a more effective and technologically sophisticated way Read More »
Eclipse Brings New Operating Model, Branding to Elmcroft Portfolio
Kai Hsiao, the CEO of recently formed management company Eclipse Senior Living, is aiming to create a tech-forward operating platform and ultimately attract a more diverse group of consumers to senior housing. And Eclipse is off to a quick start, thanks in part to its Read More »
Movers & Shakers: Wingate Healthcare’s New COO
Wingate Healthcare Recruits New COO Wingate Healthcare, a provider of senior living and health care services in Massachusetts, Rhode Island and New York, has named Jill Bosa as its new COO, according to a press release. Prior to joining Wingate, Bosa served as COO for Read More »
Sunrise, Holiday Earn Top Honors from J.D. Power
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of Read More »
What Holiday’s Largest Community Learned in Hawaii’s Missile Scare
January 13, 2018, was a day most Hawaiians are not likely to forget. Just after 8 a.m. that Saturday morning, scores of residents in the state awoke to a jarring emergency alert on their phones: “BALLISTIC MISSILE THREAT INBOUND TO HAWAII. SEEK IMMEDIATE SHELTER. THIS IS NOT Read More »
Ventas Transitions Elmcroft Portfolio to Newly Formed Eclipse Senior Living
The new operating company led by former Holiday Retirement CEO Kai Hsiao is now officially managing a 76-property portfolio of senior living properties. The operator, Eclipse Senior Living (ESL), is jointly owned by Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR), which has Read More »
Top Senior Housing Trends in 2018
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age Read More »
Top 10 Senior Housing News Stories of 2017
2017 has been a wild ride for many industries—the senior living industry included. This year, industry news was once again dominated by Brookdale Senior Living (NYSE: BKD). There were takeover predictions, acquisition rumors and analyst think pieces, but ultimately no merger deals—at least as of Read More »
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