Merrill Gardens President: Middle-Market Brand Takes Shape, Black Lives Matter a Wakeup Call

Tana Gall has been on a mission since returning to Merrill Gardens as president last November. The groundwork for the Seattle-based owner-operator’s entry into the middle market was underway before the coronavirus pandemic shifted priorities to resident safety. However, the middle-market concept is still in the works and likely will be piloted in a handful […]

Covid-19 Makes Quest for Middle-Market Senior Living More Urgent Than Ever

The coronavirus pandemic is highlighting the need — and current lack — of middle-market senior housing, but Covid-19 may also be opening the door for investors and operators to meet growing demand for this product. Investor groups are studying the market landscape to determine how to crack the middle-market equation, and many see the easiest […]

Aegis President: Fast-Moving Coronavirus Situation Demands Extraordinary Precautions, Calm Mindset

Senior living providers across the country are taking steps to guard against COVID-19 and have protocols in place should the novel coronavirus infect residents or staff members. But the situation is most urgent for providers with a significant footprint in Washington state, where the first U.S. coronavirus deaths occurred and where the virus has already […]

Former Merrill Gardens President, Former Aegis CFO to Helm New Cogir USA Operating Company

Cogir — a leading Canadian senior housing operator — is officially launching a U.S. management company under the leadership of two industry veterans, former Merrill Gardens President David Eskenazy and former Aegis Living CFO Walter Jossart. “We’re definitely very excited about it,” Jossart told Senior Housing News. “We’re working through methodically to understand the foundation […]

Middle-Market Plays to Reshape Senior Living Acquisition Activity, Prices

Robust senior housing acquisition activity is likely to continue into 2020, driven by the continued low interest rate environment as well as the increased focus on middle-market products and the creation of multi-brand portfolios. That middle-market focus is also driving more interest from big players in secondary and tertiary markets, which are friendlier to this […]

Merrill Gardens Acquires Blue Harbor, Names Gall as President

Merrill Gardens is nearly doubling its size through the acquisition of Blue Harbor Senior Living, and is welcoming back a familiar face to lead the combined entity. Merrill Gardens has acquired Blue Harbor — a senior living management company — from private equity firm Fortress Investment Group for an undisclosed price, the Seattle-based senior living […]

Merrill Gardens President Eskenazy To Step Down

About five years after joining Merrill Gardens as president, David Eskenazy is preparing to step down from that role and exit the senior living provider. He will pursue other professional opportunities and spend more time with family, he told Senior Housing News. For about four years, he has been on a plane every week to […]

Old Psych Hospitals Are Becoming Vibrant Mixed-Use Sites with Senior Living

As developers seek to adapt offices, hotels, schools and commercial buildings into senior housing projects, one unlikely property type holds newfound appeal: former psychiatric hospitals. Across the U.S., a handful of senior living providers have opened or are building communities in mixed-use sites that once held asylums or similar institutions. Examples include Cordia at Grand […]