One of the 10 most-read stories on Senior Housing News last year was our coverage of the Cogir and Cadence merger, announced in November. In 2023, expect more deals of this type — and larger ones — to reshape the senior living operator landscape. In fact, Senior Housing News today broke the news of Solvere […]
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 […]
Environmental, social and governance (ESG) investments are growing within the senior living sector, as we reported a month ago. But just as our article appeared, a KPMG survey of more than 1,300 CEOs was released, with a contradictory finding: Half of respondents are “pausing or reconsidering” planned ESG efforts within the next six months, and […]
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 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, 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 […]
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 […]
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 […]
True Connection Communities CEO Jim Pusateri’s career in senior living has spanned three decades — and he believes not much has changed, until now. “I was just talking to our teams at our meeting saying, ‘Honestly, I’ll have been in the industry for 31 years in May, and I don’t think it’s changed very much […]
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 […]
