This article is part of your SHN+ subscription That the senior living industry is grappling with bankruptcies and loan delinquencies is nothing new, but a recent Wall Street Journal article has me again pondering the impacts of such moves, both on residents and operators. The article highlights the struggles of residents of Harborside, a life […]
Lutheran Life Communities
A duo of senior living veterans has acquired an operating company and rebranded it as Better Living. The new owners of the management company, Dani Merlino and Nick Merlino, acquired the company formerly known as Better Living Management Services from brothers Seth and Kyle Phillip. Now that they own the operator, the Merlinos plan to […]
Continuing care retirement community (CCRC) operator Lutheran Life Communities is filing for Chapter 11 bankruptcy as it seeks to reorganize its operations and financial holdings. The Arlington Heights, Illinois-based nonprofit’s board adopted a bankruptcy resolution on Feb. 3 as it continues to seek alternatives for “addressing the financial needs” of the organization and its affiliates […]
Something had to change. Sloan Bentley knew that for sure. Lutheran Life Communities hired Bentley as CEO to guide the company through the COVID-19 pandemic, and one of the challenges she faced was reducing agency staffing spend. In 2023, Lutheran Life (LuLife) spent $4.7 million on agency help across its portfolio, with a great deal […]
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Senior living nonprofit Lifespace Communities has named Jesse Jantzen as its new president and CEO, effective April 1. Jantzen is an industry veteran with more than three decades of experience under his belt. He’s previously worked in similar roles with St. Louis-based Ascension Living; Alameda, California-based Elder Care Alliance; and Des Moines, Iowa-based Life Care […]
Welltower Welcomes New VP of Investments Welltower Inc. (NYSE: HCN) hired Kevin Tyler as vice president of investments for the real estate investment trust (REIT). Tyler joins Welltower from Green Street Advisors, where he was an analyst and health care sector head. He has almost 15 years of experience in real estate, health care and […]
(The Arlington of Naples Retirement Community in Naples, Fla. – Photo courtesy of Lutheran Life Communities) Construction: Planned Primrose Retirement Communities Plans Ark. Assisted Living, Memory Care Project Aberdeen, S.D.-based Primrose Retirement Communities, LLC, this week announced plans to begin construction on a 98-unit assisted living and memory care community in Rogers, Ark. Primrose is inviting […]
(The Blake at Oxford in Oxford, Miss. – Photo Courtesy of The Blake at Oxford) Construction: Planned Abby Development Plans Two Senior Living Projects for Texas, Louisiana Dallas-based developer, owner and operator of luxury senior housing communities, Abby Development, this week announced plans to build two new projects in Burleson, Texas and Lafayette, La. Expected to break […]
Providing senior care services in the same area for over a century merits a certain reputation. It also warrants the entire rebirth of an organization, from the services provided to the physical campus itself. Such was the undertaking of Lutheran Life Communities, an Illinois-based not-for-profit senior housing provider whose repositioning of all the skilled care […]
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