Milestone Retirement Under New Ownership, Looking to Expand in Middle-Market Sector

Milestone Retirement Communities is under new ownership, and the company’s top leader is focusing on a middle-market growth strategy in the years to come. Milestone CEO Caryl Ridgeway in July assumed ownership of the senior living operator along with her husband, Scott Ridgeway, who is slated to become the company’s top technology officer. Prior to […]

Movers & Shakers: New CareTrust CEO as Sale Rumors Swirl; SRG Finds VP in Defense Sector

CareTrust gets new CEO amid rumors of sale CareTrust (Nasdaq: CTRE) appointed former president and COO David Sedgewick to be its new CEO. Before joining the San Clemente, California-based real estate investment trust (REIT), Sedgwick held leadership positions at the Ensign Group (Nasdaq: ENSG), CareTrust’s largest tenant. CareTrust itself was formed in a spin-off from […]

In the Pipeline: Charter Senior Living, DMK Plan Kentucky Community; RLC Opens First Community in Virginia

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View the nominees for the 2021 Architecture & Design Awards. Construction: Planned Greystar Secures Land for Active Adult Community in Arizona Greystar has closed on the […]

In the Pipeline: Maplewood Opens First New Jersey Community; Revel Project Makes Progress in California

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: In progress Revel Community in California In Progress, Pre-Leasing Revel Folsom, an independent living community from The Wolff Company’s Revel brand, […]

In the Pipeline: Alliance Breaks Ground on Portland Project; Clearwater to Open California Community

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned Milwaukee Life Plan Community […]

Benchmark Appoints COO, CFO; Milestone Retirement Names COO

Benchmark Senior Living and Milestone Retirement Communities announced a flurry of executive personnel changes Tuesday, resulting in C-suite changes for both companies. Waltham, Massachusetts-based Benchmark has named Jerry Liang to the role of executive vice president and CFO and John Hartmayer to the role of executive vice president and COO. Liang’s hiring is effective immediately, […]

Developer Douglas Wilson Partners with HCP, Milestone to Make Senior Housing Debut

Douglas Wilson Companies (DWC), a noted San Diego-based real estate developer, has officially entered the senior living game by opening Sienna at Otay Ranch, in partnership with two well-known names in the industry: Milestone Retirement Communities and HCP Inc. (NYSE: HCP). DWC plans to open additional senior living communities throughout the western U.S. over the […]

Rigid Managers, ‘Pathetically Poor’ Storytelling Harm Senior Living Staffing Efforts

Senior living providers need to reject top-down management approaches and be bolder in how they appeal to prospective workers to overcome increasingly steep recruitment and retention challenges. This was a key message shared by industry executives Thursday at the 2018 Senior Housing News Summit in Los Angeles. The panelists described a worsening staffing crunch, due […]

Transactions & Financings: HFF, Summit Senior Living, Capital One

HFF Advises on $115 Million Financing for Seattle Senior Housing Development Holliday Fenoglio Fowler, L.P. (HFF) has advised Columbia Pacific Advisors on the $114.69 million financing for a luxury, high-rise senior housing property in Seattle. The 24-story property—620 Terry—will offer 243 Class A residential units comprising 194 independent living units, 21 assisted living units and 28 […]