3 Business Benefits of Closer Senior Living, Hospice Alignment

For nearly a decade, American seniors have steadily grown more comfortable with hospice. Nowhere has that growth manifested itself more than in assisted living. Yet for a variety of reasons — including the lingering taboo around hospice and the administrative burdens that come with Medicare — hospice remains largely an assisted living outsider, according to […]

Transactions & Financings: Lutheran Senior Services’ $92M Bond Financing; CBRE’s $61M Loan

HJ Sims arranges $92 million bond financing package for Lutheran Senior Services HJ Sims completed a $92.4 million refinancing package for Lutheran Senior Services (LSS). The proceeds will fund an expansion to LSS’ Mason Pointe community in Chesterton, Missouri, as well additional planned capital improvements at other communities within its portfolio.HJ Sims identified bonds that […]

Movers & Shakers: Lutheran Senior Services’ New President; Welltower Hires Ops VP, Development Head

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: Arbor Realty Trust, Blueprint, LeadingAge

Arbor Realty Trust Hires Executive Vice President and Chief Production Officer Arbor Realty Trust has appointed Frank Lutz as its new executive vice president and chief production officer. In his new role, Lutz will oversee all of Arbor’s agency lending platforms as it relates to business development and the firm’s national production network and originations team. […]

Nonprofit Provider Extends Length of Stay with Telehealth Program

Senior living providers are always looking for ways to keep residents healthier and prevent move-outs to higher care levels. Lutheran Senior Services has achieved these twin goals through a telehealth program dubbed Project Wellness. The nonprofit provider has achieved an 11% reduction in move-outs to higher levels of care and reduced hospitalizations by one-third among […]

Senior Housing Investments & Transactions: CareTrust, LTC

CareTrust REIT Announces Two Acquisitions CareTrust REIT, Inc. (NASDAQ: CTRE) has acquired a portfolio of nine skilled nursing facilities in Iowa. CareTrust is a publicly-traded real estate investment trust (REIT) that focuses on the acquisition and leasing of seniors housing and health care-related properties. The portfolio includes 518 operating skilled nursing beds that will be […]

Ziegler, LeadingAge Rank Top 150 Nonprofit Senior Living Providers

LeadingAge and Ziegler have teamed once again to release their collaborative analysis of the largest not-for-profit senior living providers in the U.S., but this year the rankings go beyond the traditional top-100 to include the 150 largest organizations in the first-ever LZ 150. Now in its 11th edition, the LZ 150 ranks the largest nonprofit […]

In the Pipeline: Senior Housing Construction Projects (7/13/14)

Construction: Planned Bonaventure Senior Living Plans 144-Unit Complex in Colorado Salem, Oregon-based Bonaventure Senior Living is planning to develop an upscale 144-unit senior living complex in Pueblo, Colorado, reports The Pueblo Chieftan. The planned development will feature units for independent, assisted living and memory care, according to a letter filed with Pueblo’s planning department as […]