Transactions and Financings: Life Care Services Adds Community; SRI Management Enters North Carolina

Management Life Care Services to manage Florida community Life Care Services announced it has been selected as the management partner for Amavida, a resort-style senior living community in Fort Myers, Florida. According to a press release, the community was recently purchased by a private investment firm and offers independent living, assisted living and memory care […]

5 Senior Living Operators to Watch in 2024

Editor’s Note: SHN Editor Tim Regan and SHN Reporter Andrew Christman contributed to this article This article is part of your SHN+ subscription Steady recovery amid ever-changing challenges, new operating models to spur innovation, consolidation and partnerships— these are some of the traits of senior living organizations standing out in 2024. Companies are pushing through […]

Lutheran Senior Services, Diakon to Join Forces in Bid for Greater Scale

Senior living operator Lutheran Senior Services (LSS) has signed an agreement to affiliate with another nonprofit in a move that CEO Adam Marles said will help the organization better prepare for the coming two decades.  LSS recently announced its intent to affiliate with the senior living communities operated by Diakon, a Lutheran-aligned senior living operator […]

Transactions and Financings: Healthpeak, Physicians Realty Merger Approved; 5-Community Portfolio Changes Hands

Mergers Healthpeak Properties, Inc., Physicians Realty Trust approved to merge Healthpeak Properties, Inc. and Physicians Realty Trust announced on Feb. 21 that stockholders and shareholders for the respective companies have voted to approve a merger. According to a press release, the transaction is expected to close on March 1. The company will operate under the […]

‘Pivot Year’: How Lutheran Senior Services Is Shifting for New Generation of Residents

In 2021, Adam Marles joined senior living operator Lutheran Senior Services (LSS) as President and CEO. Since then, the organization has been on the move with a new strategic framework and a growth plan focused on a changing customer demographic. Today, the St. Louis-based organization has eight life plan communities, nine affordable housing communities and […]

Transactions and Financings: Unlock Health Acquires SPM Group; JLL Capital Markets Secures $35M for Upcoming Community

Acquisitions Unlock Health acquires SPM Group Unlock Health, a healthcare and technology and services growth platform, announced it has acquired SPM Group, a network of health and healthcare agencies. Among the agencies included in SPM Group are SPM, GLC, Dreamscape and Centretek from Corridor Capital, LLC. Financial terms of the transaction are not available at […]

Movers and Shakers: Lutheran Senior Services Announces New COO; Erickson Welcomes DEI Director

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 […]

With First Chief Experience Officer, Lutheran Senior Services Turns Focus to Growth, Wellness

Senior living nonprofit Lutheran Senior Services (LSS) has hired its first-ever chief experience officer in a move meant to help to elevate its future offerings for residents. The St. Louis-based organization sees the future of aging services as shifting away from health care and toward wellness — and President and CEO Adam Marles believes that […]

Movers & Shakers: Eskaton Welcomes New President; Senior Lifestyle Corporation Promotes Asset Management VP

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 […]