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

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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 […]

In the Pipeline: Senior Housing Construction Projects (9/19/13)

Construction: Planned South Carolina Developers Plan $44 Million Senior Living Center Plans to build a $44 million senior living center in South Carolina are on track to begin construction in February or March 2014, reports Herald Online. The 52-acre mixed-use senior living campus in York, S.C., is currently finishing a second market study, according to […]

In the Pipeline: Senior Housing Construction Projects (1/9/13)

Construction: Planned Lutheran Senior Services Plans $7 Million Expansion Project Lutheran Senior Services is planning a $7 million expansion to its Meramec Bluffs senior living community in Ballwin, Mo. and has hired St. Louis-based general contractor Paric for the project.  The expansion will add 31 skilled nursing beds to bring the community’s total to 119 […]