Potential Lifespace, SQLC Affiliation Would Create Fifth-Largest Senior Living Nonprofit

Iowa-based Lifespace Communities, Inc. and Texas-based Senior Quality Lifestyles Corporation (SQLC) may soon join forces to become the fifth-largest not-for-profit senior housing provider in the United States. The two nonprofit senior housing providers announced on Wednesday that they have entered into a non-binding letter of intent for a proposed affiliation. The companies expect that the […]

Movers & Shakers: HCP, Sabra Name New Executives

HCP Names New Senior Vice President and Chief Accounting Officer California-based real estate investment trust (REIT) HCP (NYSE: HCP) named Shawn Johnston to the role of vice president and chief accounting officer, the company announced. Johnston starts his new job on Aug. 15. Johnston is replacing HCP’s current Chief Accounting Officer, Scott Anderson, who is […]

ABHOW-be.group Parent To Sell Seniority Management Division

Senior Quality Lifestyles Corporation (SQLC) is in talks to purchase senior living management company Seniority from Cornerstone Affiliates, the parent company of be.group and ABHOW, among its family of senior living companies. The deal, a strategic disposition, comes several months following the major merger of be.group and ABHOW. Seniority manages seven communities in California and […]

Movers & Shakers: Symbria’s First-Ever COO

Healthcare Trust Appoints New Board Chairman The board of directors of Healthcare Trust, Inc. appointed Leslie D. Michelson to serve as non-executive chairman of the board, following the resignation of Randolph C. Read from that position and as a member of the board’s audit committee and nominating and corporate governance committee. “I am delighted to […]

Movers & Shakers: Capital One’s SVP, Chief Underwriter

Capital One Appoints SVP, Chief Underwriter for Multifamily Finance Capital One announced the appointment of Cortney Mauldin as senior vice president and chief underwriter for multifamily finance. In this role, Mauldin will be responsible for the oversight and quality control of all underwriting functions related to Federal Housing Administration (FHA) insured transactions, including health care and senior […]

Senior Housing Finance Activity: Cushman & Wakefield, Ziegler

Cushman & Wakefield Arranges $53.4 Million in Construction Financing for LCB Senior Living Developments in Massachusetts Cushman & Wakefield Senior Housing Capital Markets, a global real estate services firm, has arranged $53.4 million loan in construction financing and joint venture equity for LCB Senior Living’s two senior housing developments in Massachusetts. The Residence at Vinnin Square […]

How Senior Living Marketing Firms Are Gaining More Firepower

The recent acquisition of Forté, a Dallas-based public relations agency that exclusively serves the senior living industry, is a move that will bring the marketing communications agency The Point Group into the senior living space at a time when it sees the potential for growth—and also suggests a growing trend of senior living marketing firepower getting […]

Senior Housing Investments & Acquisitions: Sabra, Aviv REIT, NHI

SQLC Announces Completion of Land Acquisition  Senior Quality Lifestyles Corporation (SQLC), a Dallas-based nonprofit developer of senior living communities, has announced the completion of the land purchase for expansion of The Buckingham, a 501(c)(3) nonprofit life care community located in the Memorial neighborhood of Houston. The land acquisition consists of six acres adjacent to the […]