In The Pipeline: Senior Lifestyle Makes Progress on Luxury Community; Inspirit Finishes Renovation

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: In Progress Senior Lifestyle makes progress on Maryland luxury community Senior Lifestyle is nearing the final stretch of construction on a 102-unit luxury community in […]

HRA Names Former Senior Lifestyle Leader as COO

Harbor Retirement Associates (HRA) has hired a former senior vice president of operations at Senior Lifestyle Corp., with the senior living veteran leading the company’s operations. The Vero Beach, Florida-based senior living operator on Wednesday named Karin Bateman to the role of COO. The former SLC executive started her new role with HRA last month. […]

In the Pipeline: Senior Lifestyle Unveils Renovations at Community Near Baltimore

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: Complete Senior Lifestyle Unveils Renovations at Community Near Baltimore Atrium Village, a Senior Lifestyle community in Owings Mills, Maryland, has announced the completion of a […]

Healthcare Trust Transfers 20 Cedarhurst Communities to Jaybird Senior Living, Senior Lifestyle

Healthcare Trust, Inc. (HTI) has transitioned operations of 20 senior living communities formerly managed by Cedarhurst Senior Living to Senior Lifestyle and Jaybird Senior Living. The public non-traded real estate investment trust (REIT) on Wednesday announced it has moved operations of 13 Addington Place branded communities in Georgia, Michigan and Florida to Chicago-based Senior Lifestyle […]

LTC Properties CEO: Labor Challenges Still Putting Damper on Occupancy Gains

With a senior housing recovery underway, LTC Properties (NYSE: LTC) Chairman and CEO Wendy Simpson is cautiously optimistic about the road ahead – but staffing challenges continue to weigh on the company’s operating partners in the short term.  In the third quarter of 2021, Simpson said that workforce issues were constraining occupancy growth. Those conditions […]

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 […]

LTC Properties CEO: Labor Woes Are Preventing Occupancy Growth

Senior housing and care operators are “working constantly and creatively” to overcome staffing challenges, but workforce issues are constraining occupancy growth, according to Wendy Simpson, CEO of LTC Properties (NYSE: LTC). “We’ve had some of our assisted living operators say they closed a floor and are not opening up the floor until they can get […]