Transactions & Financings: LCS Assumes Operations of Rose Senior Living; United Church Homes’ New Development Venture

Sales and operator transitions Life Care Services assumes management of former Rose Senior Living communities Life Care Services assumed management of six communities owned by Rose Senior Living, an operator based in Bloomfield Hills, Michigan. The communities include: Heritage at Irene Woods, Memphis, TennesseeRose Senior Living and Rose Villas, Avon, OhioRose Senior Living, Beachwood, OhioRose […]

Top Senior Housing Trends for 2021

Among the many lessons that Covid-19 drove home in 2020: No one can predict what the future holds. But as the senior living industry battles the latest wave of infections and starts to beat back the pandemic through vaccination, it’s also more important than ever to look ahead and try to identify what trends will […]

Former MorningStar CFO Ranzan Joins Solera as President

Solera Senior Living hired Jamie Ranzan as president, in the latest hiring move for the growing Denver-based company. Ranzan comes to Solera from MorningStar Senior Living, where she was chief financial officer. She joined MorningStar in October 2016, as that company was beginning its own sustained period of growth, she told Senior Housing News in […]

Transform Podcast #17: Ken Jaeger of MorningStar

When he was just a child, Ken Jaeger made a vow that one day he would start a business that would make the world a better place. That sense of mission not only spurred him to found MorningStar Senior Living, it has also proven to be good for business. In 2019, the company partnered with […]

Transactions & Financings: Five Star Restructuring Complete; HJ Sims Arranges $219M Construction Financing

Cindat, Omega partner on $232M UK portfolio deal Chinese investment firm Cindat Capital Management entered into a joint venture with health care real estate investment trust, Omega Healthcare Investors (NYSE: OHI), on a 49% stake in a 67-property senior housing portfolio in the United Kingdom from Irvine, California-based health care REIT, Healthpeak Properties (NYSE: PEAK). […]

In the Pipeline: Sunrise Plans Community in Canada; Hudson Enters Active Adult Space

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Sunrise Plans New Community in Canada Sunrise Senior Living is working with construction […]

Solera Builds Out Team to Support Growing Pipeline

Solera Senior Living announced a slew of new hires this week as it scales its organizational structure to handle a growing pipeline of new developments. That experience working with institutional capital dovetails with Solera’s growth and its partnerships with developers such as Chicago-based McCaffery Interests, which broke ground last month on a $75 million, 135-unit […]