Transactions & Financings: Dining RD Acquires Consultant Group; 12 Oaks Adds in Texas

Financings Oxford Finance Group Closed $867 Million Oxford Finance Group announced that its healthcare real estate group closed on $867 million worth of capital commitments in 2022 – a record for the Alexandria, Virginia-based company. Oxford Finance’s deals slanted heavily toward skilled nursing assets but also included an $81 million term loan and an $8.5 […]

Lifespace Puts $143M Toward Edgemere’s Financial Restructuring as CCRC Pivots to Rental

Lifespace Communities is lending “unprecedented support” to its troubled Edgemere community in Dallas as the property shifts to a rental payment structure for residents. The Des Moines-based senior living operator has put forth a bid to support the embattled property ahead of a potential sale by agreeing to fund up to $143.4 million of the […]

Landlord of Embattled Lifespace CCRC Likens Community’s Bankruptcy Plan to ‘Disney Fairy Tale’

The Chapter 11 bankruptcy saga of a Dallas, Texas CCRC is heating up, with the landlord in the case recently claiming the operator’s plan forward was something out of a “Disney fairy tale.” Attorneys on behalf of Intercity Investment Properties filed a motion to dismiss the Chapter 11 case brought by Dallas, Texas-based continuing care […]

Lifespace to Acquire 3 Texas Communities, Advancing Growth Strategy

Lifespace Communities plans to buy three senior living communities in Texas, furthering a growth strategy laid out by President and CEO Jesse Jantzen last year. The senior living nonprofit on Wednesday announced it has finalized an agreement with a private equity investment group to acquire three communities operated by ER Senior Management: Meadow Lake, a […]

Movers & Shakers: NexCore Welcomes Senior Living Vets; Cadence Grows Leadership Team

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 […]

Movers & Shakers: LCS Adds Staff in 3 Communities; New ED for Lifespace Community

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 […]

Movers & Shakers: Saint Therese Hires CEO; EmpowerMe Wellness Adds Chief Medical 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 […]

In The Pipeline: The Springs Living Starts Work on Wash. Community; Mather Project Underway Near D.C.

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. Construction: Planned Maryland Hotel to Transition to Senior Living The Solomons Inn Hotel in Solomons, Maryland will stop catering to travelers and start serving seniors as […]

Lifespace CCRC Files for Chapter 11 Bankruptcy, Sues Landlord

A luxury community owned and operated by Lifespace Communities is filing for Chapter 11 bankruptcy after encountering financial headwinds due to the Covid-19 pandemic. The Dallas, Texas-based continuing care retirement community (CCRC), Edgemere is currently negotiating with its financial stakeholders on a restructuring plan, according to an April 14 press release about the bankruptcy filing. […]