Movers & Shakers: Transforming Age Hires EVP of Housing, Hospitality; New Lifespace Chief Information Officer

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 […]

Harrison Street ‘Handpicked’ 12 Former Atria Communities to Acquire from Healthpeak

The $312 million sale of a 12-property portfolio operated by Atria Senior Living was among the many transactions that Healthpeak (NYSE: PEAK) announced last week, as part of the real estate investment trust’s exit from rental senior housing. The buyer of this portfolio was Chicago-based private equity firm Harrison Street. The properties were essentially “handpicked” […]

Movers & Shakers: CareTrust’s New President; Kisco Hires National Environmental Health and Safety Director

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 Living Covid-19 Testing Innovations Continue as Vaccines Roll Out

Senior living providers are still devoting considerable time and resources to Covid-19 testing, even as they ramp up vaccination efforts for residents and staff. The senior living industry made great strides early in the pandemic to bring Covid-19 tests into their communities. But nearly a year into the Covid-19 pandemic, providers are still implementing new […]

Executive Forecast 2021: A Rare Chance For Senior Living Reinvention

“When you’re in a chaotic environment, you white-knuckle the status quo. We just can’t do that. We really have to think about what is the ‘new next’ that we are going towards.” Those are the words of Sequoia Living President and CEO Sara McVey, and they capture a common sentiment among other top executives in […]

Transactions & Financings: HJ Sims’ $111M Deal Volume; Chicago Pacific Founders’ Florida Acquisition

Sales and operator transitions Elevation Financial Group acquires Massachusetts assisted living community for $4M Elevation Financial Group acquired Wingate Residences at Brewster Place, an assisted living facility in Brewster, Massachusetts. The purchase price was $4 million and facilitated through Elevation Real Property Fund VII. The community ceased operations in 2019. Elevation plans to reposition the […]

CDC Eases Covid-19 Quarantine Guidance, Could Benefit Senior Living

The Centers for Disease Control & Prevention (CDC) on Wednesday eased quarantine guidance related to Covid-19, and senior living providers welcomed the news. Previously, the CDC recommended that individuals quarantine for 14 days after exposure to someone with Covid-19. The new guidelines recommend that people can stop quarantining after 7 days if they receive a […]

Kisco Senior Living To Ease Covid-19 Restrictions By Using Pooled Testing

Kisco Senior Living is moving toward more normalized operations by utilizing rapid, “pooled” Covid-19 testing — similar to the approach taken by the National Basketball Association (NBA) and the National Hockey League (NHL). “We’re excited about what it’ll bring to our residents and the confidence it provides our families,” Ed Ward, vice president of operations […]

Transactions & Financings: Brookdale Closes $250M Credit Facility; Lancaster Pollard’s $58M Deal Volume

Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]

Movers & Shakers: Thrive Names COO; Heritage’s New VP of Sales and Marketing

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 […]