Lifespace To Raise Wages Across Enterprise By Total Of $17 Million

Lifespace Communities is boosting pay rates across its portfolio of 14 continuing care retirement communities (CCRCs) over the next two months, with many of its 3,600 employees seeing double-digit percent increases. As a result, the nonprofit organization will pay out $17 million more in wages in 2022, compared to this year. The average increase will […]

In the Pipeline: Maplewood Expanding Inspir Brand to D.C.; Active Adult Project Planned in Florida

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: Planned Maplewood to Expand Inspir Brand to Washington, D.C. Maplewood Senior Living and Omega Healthcare Investors (NYSE: OHI) are bringing 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 […]

Transactions & Financings: Lifespace Sells 2 CCRCs; Cano Health Completes $4.4B SPAC Deal

Lifespace Communities continues to make progress in its efforts to streamline its portfolio for growth. The West Des Moines, Iowa-based nonprofit continuing care retirement community operator announced it is turning over ownership and management of two campuses — Deerfield, in Des Moines, Iowa; and Grand Lodge at the Preserve in Lincoln, Nebraska — to Immanuel […]

Movers & Shakers: Aegis Names Clinical and Health Services VP; Trustwell Hires SVP of Business Development

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 […]

The Bottom Line: New CFO Sees 3 Growth Areas for Lifespace Communities

With a reconstituted executive team in place, financial restructuring of one life plan community complete, and occupancy beginning to recover from 2020 lows, Lifespace Communities is now turning its attention to growth. Diversifying service lines and affiliating with smaller providers may be part of its strategy. The West Des Moines, Iowa-based nonprofit affiliated with Senior […]

Movers & Shakers: Lifespace Appoints Chief People Officer, Welltower Announces Two Board of Directors Nominees

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: 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 […]

What’s Behind a Wave of Senior Living CFO Hires in the Pandemic Era

Covid-19 has clouded financial outlooks for senior living providers across the country — and perhaps nobody knows that quite like the industry’s chief financial officers. In recent months, a spate of senior living providers have named new CFOs amid a financial landscape complicated by the pressures of the pandemic. Among the organizations with newly appointed […]