Transactions: CIT Finds $34 Million for AZ Senior Community; Ziegler Prices Ohio Living Bonds

Financings Regions closes on $21 million for construction The healthcare real estate team of Regions Bank closed on a loan for more than $21.7 million at approximately $271,000 for new construction. The loan will build an 80-unit community located in Los Angeles County. The borrowers are a joint venture that includes a developer/owner, a partner/operator, […]

Transactions & Financings: United Church Homes & Services Rebrands; Capital Bay’s $590M European Senior Housing JV

United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary. “While our name is changing, our mission and vision remain steadfast,” EveryAge President and CEO Lee Syria said in a statement. “EveryAge is committed to enriching lives by providing the […]

Movers & Shakers: Commonwealth Bolsters Regional Leadership; The Springs Living Creates New Resident Experience Role

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 […]

Entry-Fee CCRC Model Seen As Less ‘Endangered’ — But Less Appealing — Than Before Pandemic

Senior living professionals are more confident in the viability of the traditional continuing care retirement community (CCRC)/life plan community model today than they were before the Covid-19 pandemic.  However, the picture is complicated by the fact that many industry pros believe that entrance-fee communities are less attractive today than they were in 2019. That’s according […]

Movers & Shakers: Transforming Age Hires EVP of Housing, Hospitality; New Lifespace Chief Information 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 […]

Movers & Shakers: New Trilogy COO; Westmont Appoints CFO

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 […]

Executive Forecast 2021: A Rare Chance For Senior Living Reinvention

“When you’re in a chaotic environment, you white-knuckle the status quo. We just can’t do that. We really have to think about what is the ‘new next’ that we are going towards.” Those are the words of Sequoia Living President and CEO Sara McVey, and they capture a common sentiment among other top executives in […]

Ohio Living CEO: Perennial Consortium Medicare Advantage Plans Key to Revenue Reform, Recovery

Ohio Living has a window of opportunity to increase revenues via Medicare Advantage in 2021. In fact, capturing more dollars via MA is a linchpin in the Columbus, Ohio-based nonprofit provider’s “revenue reform and recovery” strategy, CEO Larry Gumina told Senior Housing News. Ohio Living is a partner in the Perennial Consortium, an operator-owned MA […]

Medicare Advantage Milestones: Perennial Consortium, UCare Bring Senior Living Plans to Market

The fall open enrollment period for Medicare Advantage (MA) plans is now underway, and this year marks two milestones demonstrating the ongoing integration between MA and senior living. With the start of the enrollment period on Oct. 15, a group of senior living providers known as the Perennial Consortium began to enroll the first beneficiaries […]