Life Care Services Tops J.D. Power Ranking of 8 Large Senior Living Providers

Life Care Services has the most satisfied residents among eight large industry competitors, according to a new study from global marketing information services company J.D. Power. Des Moines, Iowa-based Life Care Services, an LCS company, took the top spot, followed by McLean, Virginia-based Sunrise Senior Living; Newton, Massachusetts-based Five Star Senior Living (NYSE: FVE); and […]

In the Pipeline: Sonata Plans Florida Project; 1920s-Inspired Community Near Kansas City

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 and design trends and the annual SHN Awards Competition. Construction: Planned Sonata Plans $52 Million Community in Florida Sonata Senior Living has plans to […]

How Past CCRC Struggles Led to Continuing Life’s Unique Model

In 1991, California CCRC Morningside of Fullerton was struggling with massive operating losses and very low occupancy. Today, it’s a crown jewel in Life Care Services’ portfolio. This vast turnaround is partly the work of Continuing Life, a services and advisory company that works closely with Life Care Services. The company was created in 2013 […]

Largest Senior Living Providers List Grows, No Surprises at the Top

There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]

Life Care Services Credits Sales Revamp For Recent Occupancy Gains

Life Care Services is seeing better occupancy and increased move-ins after refocusing its sales culture last year. The management arm of Des Moines, Iowa-based LCS reported a 23% same-store occupancy bump for its rental communities, compared to this time last year. Life Care Services also said that move-ins for those communities were up 13% from […]

WRC Development Continues to Expand Towne Club Senior Living Brand

WRC Development Partners started building senior housing out of necessity, but solid returns have led to a robust platform. Today, the affiliate of New York City-based real estate investment brokerage and construction consultant Whitestone Realty Capital has operational partnerships with three highly regarded operators, a deep development pipeline and an eye on exiting the properties […]

Transactions & Financings: CIT Group’s $64M Refinancing; Focus Healthcare Partners’ $65M Virginia Acquisition

CBRE arranges $65 million acquisition financing for Virginia CCRC CBRE National Senior Housing Vice Chairman Aron Will and First Vice President Austin Sacco arranged a $65.2 million acquisition financing package for The Virginian, a 306-unit rental continuing care retirement community (CCRC) in Fairfax, Virginia. Will and Sacco worked on behalf of Focus Healthcare Partners to […]

Movers & Shakers: Ryan Companies Names CFO; Mather’s New SVP of Strategic Initiatives

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. […]