The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they are preparing for obstacles appearing on the horizon. Providers across the country, including large organizations such as Brookdale Senior Living (NYSE: BKD) and Atria Senior Living, began administering the long-awaited […]
Sales and operator transitions Commonwealth Senior Living acquires Virginia assisted living facility Commonwealth Senior Living acquired Cedar Manor Assisted Living, an assisted living facility in Chesapeake, Virginia including 60 assisted living beds and 12 memory care beds. The community will be rebranded as Commonwealth Senior Living at Cedar Manor. Immediately after the holiday season, the […]
The senior living industry has done much to prevent residents and staff from contracting Covid-19 over the past seven months — but even necessary safety measures have a cost. Now, providers are dealing with the ripple effects of Covid-19, as deteriorating resident wellness leads to worse health outcomes and possible drags on occupancy. After months […]
Mitigating the impact of Covid-19 is no easy feat, and the senior living industry has been forced to adjust and innovate a rapid pace in 2020.But for Pegasus Senior Living co-founder Chris Hollister, there’s no substitute for executing on the basics. Hollister believes that common sense and consistency can go a long way in keeping […]
Senior living providers have spent the past six months honing their infection control plans — and for Pegasus Senior Living co-founder Chris Hollister, there’s no substitute for focusing on the fundamentals. “You can get into all these complicated rules and shut everything down, but we have to figure out a way as a society, as […]
Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]
When Dr. Sandra Petersen joined the health and wellness team of Pegasus Senior Living as a consultant in early February, she expected to help roll out a new memory care program. Then came Covid-19, and everything seemed to change overnight. Now, Petersen is in the thick of managing the Dallas-based provider’s Covid-19 response. From her […]
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 […]
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 Presbyterian Manors Plans Colorado Community Senior living nonprofit Presbyterian Manors of Mid-America is […]
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 […]