Transactions & Financings: Lument Sees Transaction Volume Record in 2021; MidCap Secures $95M Loan

Sales MedCore Sells Washington Community MedCore Partners announced the sale of its Cooks Hill Manor community, according to a press release. The move brings MedCore portfolio to 15 senior living properties across the states of Arizona, California, Oregon, Texas, Utah, and Washington. Grandbridge Arranges New Hampshire CCRC Sale Grandbridge Real Estate Capital announced that it […]

Providers MBK Senior Living, PSL Work Old Leads, Harness Tech in Era of Sales Cycle Disruption

The Covid-19 pandemic injected uncertainty into the typical senior living sales cycle — and in 2022, that hasn’t changed. While operators are hopeful that the industry will settle into a “new normal,” the rise of the omicron coronavirus variant coupled with lingering caution from consumers in some markets are still altering typical sales cycle metrics. […]

Senior Living Executive Forecast 2022: Covid ‘Finish Line’ Moves Again

“During 2021, it felt like the ‘Covid-19 finish line’ kept being moved further away. I don’t think we’ll see a world without Covid-19 soon, but I think our industry is armed with the knowledge and experience to help enrich seniors’ lives better than ever.” Brookdale Senior Living CEO Cindy Baier’s words ring true for nearly […]

Transactions & Financings: Five Star/Diversified Complete 107-Community Transition Plan; Acts Partners With Willow Valley

Acts Retirement Services and Willow Valley Communities have forged a strategic alliance, aligning two of the largest nonprofit senior living and care organizations in the United States. Acts, headquartered near Philadelphia, ranked as the third-largest multi-site senior living nonprofit on the 2021 LeadingAge/Ziegler 200, with more than 9,500 units across a portfolio of 26 life […]

MBK President: After Riding Wave of Pent-Up Demand, We Plan to Triple in Size

The pent-up demand wave has crested for MBK Senior Living, and now the operator is looking forward to a period of significant growth wherein the company could triple in size in the coming years. The Irvine, California-based operator currently manages 32 communities, totaling about 3,500 units in six states. But MBK President Jeff Fischer has […]

Fall 2021 Senior Housing Outlook: Operating Perils Loom But Providers See Stability, Growth Ahead

Heading into the final three months of 2021, senior living providers, investors and developers face multiple perils. Occupancy gains have slowed in recent weeks while a labor crisis is worsening, and supply chain disruption continues to drive up construction costs. However, compared to where the industry was a year ago, the view in 2021 appears […]

[Updated] US News to Issue Senior Living Ratings

U.S. News & World Report — which issues influential rankings of hospitals, nursing homes, universities and other businesses — is turning to senior living. The publication plans to rate* U.S. senior living brands based on standardized consumer input gathered through surveys created by Activated Insights. Activated Insights is the organization that is also behind the […]

Movers & Shakers: New CEO at National Lutheran Communities & Services; LifeSpire Names Chief Marketing 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 […]