Brookdale, Merrill Gardens, Five Star, ISL Execs on How Covid-19 Changed Senior Living

The Covid-19 pandemic has pressured just about every facet of senior living operations — but for some senior living providers, it has been an opportunity to learn, grow and evolve. From creating new worker positions that have helped prevent move-outs during the pandemic to re-engaging residents after a long period of isolation, leaders with Integral […]

Transactions & Financings: LTC Settles With Senior Care Centers and Abri Health Services; Terwilliger Plaza’s $155M Bond Issuance

The relationship between LTC Properties (NYSE: LTC) and two of its bankrupt tenants has come to an end. The Westlake Village, California-based real estate investment trust (REIT) announced it reached settlement agreements with Senior Care Centers and Abri Health Services. LTC agreed to pay the skilled nursing providers $3.25 million in exchange for their assistance […]

Integral Senior Living Takes Over 6 Griffin-American Communities Amid Big Growth Push

Integral Senior Living (ISL) has taken over operations of six senior living communities owned by Griffin American Healthcare REIT III amid an effort to scale up its operations across the U.S. The communities are located in Mishawaka, Hobart, La Porte and Elkhart, all in Indiana; and Niles, Michigan. They were formerly operated by Bethesda, Maryland-based […]

Transactions & Financings: United Church Homes & Services Rebrands; Capital Bay’s $590M European Senior Housing JV

United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary. “While our name is changing, our mission and vision remain steadfast,” EveryAge President and CEO Lee Syria said in a statement. “EveryAge is committed to enriching lives by providing the […]

Transactions & Financings: Lifespace Communities Closing on $176M Bond Issuances; Integral Adds 9 Communities to Management Platform

Lifespace Communities is taking steps to strengthen its financial profile. The West Des Moines, Iowa-based nonprofit is nearing completion on securing bond issuances totaling nearly $175.5 million. Proceeds will be earmarked for financing remaining project costs for Lifespace’s expansion and renovation projects at its life plan communities in Florida, Illinois, Kansas, Pennsylvania and Minnesota, refund […]

In the Pipeline: New ISL, Senior Lifestyle Openings Near Chicago; Massachusetts Community Welcomes First Residents

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Complete First Residents Move into Massachusetts Community The first group of residents has moved in at Salmon at Medway, a Salmon […]

In the Pipeline: LifeStar Plans Flagship Property in Florida; Avail Project Nears Opening in Tennessee

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned LifeStar Plans Flagship Property […]

Movers & Shakers: American House Hires Chief HR Officer; New English Meadows CFO

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 […]

Senior Housing Construction Financing Starts to Return, But Expect Recourse and Close Scrutiny

There are growing signs of stability in senior housing capital markets, which should bode well for construction projects slowed by Covid-19 over the past 12 months. More banks are returning to the space and underwriting financing for construction and development, but they are demanding some form of recourse from borrowers in return, according to panelists […]

In the Pipeline: Watercrest, St. Joe Open Florida Community; University Collaboration in Oklahoma

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. Construction: In progress Resort Lifestyle Communities to Break Ground on North Carolina Project Resort Lifestyle Communities held a Feb. 18 […]