Could a Brookdale-Holiday Merger Follow $3.3 Billion Fortress Sale?

Fortress Investment Group (NYSE: FIG), the investment management firm behind Holiday Retirement and New Senior Investment Group (NYSE: SNR), will be acquired by Japanese technology giant SoftBank Group for about $3.3 billion in cash. The companies confirmed the deal late Tuesday, after The Wall Street Journal first reported on it. The acquisition has sparked speculation […]

Holiday’s Shamim Wu Named Silverado President

Shamim Wu, current executive vice president of sales for Holiday Retirement, has been named president and chief operating officer of Silverado Care, the companies announced Tuesday. Wu will assume her new position Jan. 18. Wu’s move comes at a time when many in the industry are raising concerns about future leadership, as the pace of CEO retirements […]

Senior Living CEOs: How to Solve the Staffing Crisis

The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior housing providers in the coming years, but they may be able to avoid this “caregiver cliff” by recruiting […]

Where Fortress is Taking its Pure-Play Senior Housing REIT Next

With the backing of one of the nation’s major investment groups, Fortress Investment Group (NYSE: FIG), and a previous foray into senior living investing through its predecessor Newcastle Investment Corp. (NYSE: NCT), New Senior Investment Group (NYSE: SNR) has quickly risen in the market since its launch in late 2014. After announcing last summer that Newcastle […]

Most Read: The Largest Providers in Senior Living

In case you missed them…. here are the top headlines grabbing Senior Housing News readers’ attention this week.   Alliance Residential Launches $1 Billion Senior Living Pipeline—With an established footprint in multifamily development, Alliance is making a major foray into senior housing with a billion-dollar pipeline planned in the coming years.  As Providers Ready for […]