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 […]

Senior Living Heeds Lessons from a Decade of RIDEA

Publicly traded and private real estate investment trusts are entering into RIDEA structures with senior housing operators at a level not seen for at least three years. This reflects that REITs have a better understanding of how RIDEA works, after an initial flurry of activity a decade ago, and they are more selective with their […]

Changemakers: David Eskenazy, President of Merrill Gardens

David Eskenazy has earned the status of senior living changemaker by being a pioneer in data-driven operations, helping lead early forays into the Chinese market and keeping the spirit of innovation alive at a provider known for taking risks. After four years as CFO and President at Seattle-based Aegis Living, Eskenazy became President of Seattle-based […]