HCP Bullish on Portfolio with New Operators, Less Brookdale

HCP, Inc. (NYSE: HCP) has come a long way from the company it was a few years ago. “By all measures, 2017 was a pivotal year in our transformation of HCP,” Thomas Herzog, president and CEO of the Irvine, California-based real estate investment trust (REIT), said during the company’s fourth-quarter and full-year 2017 earnings call […]

LCB Senior Living Hires First COO in Push to Grow

A regional senior living provider with plans to grow in the Mid-Atlantic has added a new leadership role to its C-suite. Norwood, Massachusetts-based LCB Senior Living hired Jason Kohler as its first COO, the company announced earlier this month. Founded in 2011, LCB owns and operates 16 communities throughout Massachusetts, Vermont, New Hampshire, Rhode Island and Connecticut, […]

In the Pipeline: Senior Housing Construction Projects (12/14/17)

This week’s In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture & design trends, the annual SHN Awards Competition. Construction: Planned Work Underway for Las Vegas Independent Living Community The Wolff Company has broken ground […]

In the Pipeline: Senior Housing Construction Projects (11/9/17)

Construction: Announced New Community Planned in Arizona Investment Property Associates (IPA) and Ryan Companies have announced a senior living community in Scottsdale, Arizona. The community, Generations at Pinnacle Peak, is will have 90 independent and assisted living units and 20 memory care units, according to a release on AZ Big Media. IPA will operate the community […]

In the Pipeline: Senior Housing Construction Projects (9/21/17)

Construction: Planned Erickson Living Opening CCRC in Northern Virginia Baltimore’s Erickson Living is expanding in Fairfax, Virginia. The provider purchased a 78-acre site near George Mason University with plans to open a new continuing care retirement community (CCRC), reports the Baltimore Sun. Benchmark Senior Living Coming to Marlborough, Massachusetts Benchmark Senior Living is opening a new assisted living community […]

Movers & Shakers: Transforming Age, LCB Senior Living

Bumstead Continues Service on Brookdale Senior Living Board The board of directors of Brentwood, Tennessee-based Brookdale Senior Living will allow board member Frank M. Bumstead to continue his service, despite the board’s age restriction, according to the Nashville Post. Bumstead turned 75 in the past year, which would otherwise disqualify him from serving. His fellow […]

In the Pipeline: Senior Housing Construction Projects (6/29/17)

Construction: Planned Virginia Life Plan Community to Expand A life plan community in Lexington, Virginia, plans to expand by building 30 new cottages. The cottages will have front porches, bay windows in the kitchens, large living and dining areas and en-suite master bedrooms, according to a press release. The community, Kendal at Lexington, is an affiliate […]

Movers & Shakers: Premier Senior Living, Welltower

Premier Senior Living Announces New Executive Directors  Premier Senior Living, LLC, a senior living operator with 25 communities throughout Florida, Michigan, New York, North Carolina, Ohio, Pennsylvania and Wisconsin, has announced two new executive directors. The company named Christina Woodward as executive director of its Fountain Park Assisted Living and Memory Care community in Bryan, Ohio. Woodward, […]

In the Pipeline: Senior Housing Construction Projects (4/27/17)

Construction: Planned Dominion Senior Living to Open Third Kentucky Community Dominion Senior Living of Florence has plans to open a new faith-based senior living community in Florence, Kentucky, its third in the state. The two-story community is expected to cost about $10.3 million and will offer assisted living and memory care services in 61 apartments. […]

Movers & Shakers: Covenant Retirement Communities, Blake Management Group

Two Covenant Retirement Communities Facilities Appoint Health Care Administrators Covenant Village of Golden Valley, a faith-based continuing care retirement community (CCRC) located in Golden Valley, Minnesota and administered by nonprofit senior services provider Covenant Retirement communities, named Heather Bell as health care administrator at Colonial Acres, the CCRC’s health care center. Colonial Acres provides assisted […]