Ingleside CFO Myers: It’s Eat or Be Eaten for Senior Living Nonprofits

While for-profit senior living providers are positioning themselves to thrive in the crucial years ahead, many not-for-profit providers are simply trying to survive the next decade. And there’s a good chance that many of those nonprofits could end up as acquisition targets, according to Tim Myers, CFO and COO at Rockville, Maryland-based senior housing and […]

Movers & Shakers: Watercrest’s New VP, Lifespace Hires Director of Ops

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. Visit SHN Jobs today. […]

Senior Housing Penetration Rates Show Puzzling Variation Across Different Metro Areas

The U.S. senior housing penetration rate has hovered around 10% over the last decade, but there’s been wide variability across different metropolitan areas. It’s difficult to pinpoint why the rate varies so much from city to city, and gaining a greater understanding of what drives penetration has big implications for the industry. Increasing market penetration […]

Movers & Shakers: Blake Management Group, Ingleside, Erickson Living

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. […]

In the Pipeline: Senior Housing Construction Projects (10/19/17)

Construction: Planned Ohio Golf Course Redevelopment to Include Senior Community  A plan to turn a golf course into a sprawling apartment development with an included senior living community is moving forward in Sugarcreek Township, Ohio. The $60 million development, called Rollandia Greene, would also include “The Grand of Sugarcreek,” a community with 123 senior independent living, 57 assisted […]

Movers & Shakers: Somerby Senior Living’s New President and COO

Somerby Senior Living Names New President and COO Dominion Partners and Somerby Senior Living recently announced that David Grady has been named Somerby’s new president and COO. Grady has more than 30 years of experience in senior living operations, having served as an administrator, activities director, area administrator and regional vice president of rehab and skilled […]

Movers & Shakers: Holiday Hires New Senior VP of Sales

Holiday Retirement Welcomes New Senior VP of Sales Holiday Retirement welcomed Rick Wigginton as the company’s new senior vice president of sales. Wigginton has more than 25 years of executive experience in direct sales and sales management. Before joining Holiday, he worked at Atria Senior Living, where he served as senior vice president of sales, […]

Movers & Shakers: Ventas’ New Board Members

Ventas Elects New Members to Board Ventas, Inc. (NYSE: VTR) elected Walter C. Rakowich, retired CEO of Prologis, and Roxanne M. Martino, CEO of Aurora Investment Management, to the real estate investment trust’s (REIT) board of directors, effective immediately. Rakowich was CEO of Prologis (NYSE: PLD) from November 2008 to June 2011, when Prologies and […]

Movers & Shakers: Capital Senior Living’s Board Nominee

Capital Senior Living Nominates Disney Veteran to Board of Directors Ed Grier has been nominated for election as a new director to the board of Capital Senior Living (NYSE: CSU, CEO Larry Cohen discussed during the company’s presentation at the Deutsche Bank 41st Annual Health Care Conference on May 5. Grier is currently the dean […]

In the Pipeline: Senior Housing Construction Projects (10/15/15)

Construction: Planned Chamberlain Senior Care Buys Land for $15 Million Senior Housing Campus Cincinnati-based Chamberlain Senior Care, LLC, recently announced that it has acquired a 14.8-acre property in eastern Jefferson County in Louisville, Ky.—a site that will be home to what the company promises to be a “cruise ship on land.” The Jefferson County Board […]