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. Construction: Completed Resort Lifestyle Communities opens Iowa community Glen Meadows, an age-restricted IL community in West Des Moines, Iowa, is now open. The community consists of […]
Omega Senior Living
Even as the senior living industry recovers from the Covid-19 pandemic, headwinds from inflation and the lack of further federal aid could force some operators to make tough decisions in the months ahead. Inflation of the cost of goods and services, coupled with the dwindling possibility of more federal relief dollars, have put pressure on […]
Last year, Diversified Healthcare Trust (Nasdaq: DHC) transitioned more than 100 senior living communities from Five Star Senior Living to 10 other operators. That effort started to bear fruit in the first quarter of 2022, according to the company’s top executives. Occupancy for the 107 communities increased approximately 100 basis points in the first quarter […]
Almost one year ago exactly, Brian Beckwith ended his tenure as CEO of Formation Capital and began to consider his next moves. Sheryl Marcet was also considering her future. At the time, Marcet was a managing director at Formation, and she had first worked with Beckwith when they were both at GE Capital. Beckwith and […]
Griffin-American Health Care REIT III (GAHR III) and Griffin-American Health Care REIT IV (GAHR IV) completed their previously announced merger, setting the stage for the largest-ever public offering for a health care real estate investment trust in a record year for REIT mergers. The tax-free, stock-for stock transaction creates a combined company with a total […]
Construction: Planned MorningStar, Edgemark Plan Colorado Community MorningStar Senior Living and co-developer Edgemark Development are planning to open a new senior living community in Centennial, Colorado. The community, MorningStar Senior Living at Holly Park, is slated to have 160 independent living, assisted living and memory units. Planned amenities include an indoor saline pool, fitness and […]
Aegis Living Appoints New Chief People Officer Aegis Living has appointed Sandra Preyale as its new chief people officer. In her new role, Preyale will aim to revitalize the company’s recruitment and retention strategies with the continued goal of attracting and retaining top talent. Preyale joins Aegis Living with 30 years of experience as a global […]
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