Sabra CEO: Skilled Nursing Outlook is Improving

Sabra Health Care REIT (Nasdaq: SBRA) has made some major skilled nursing waves over the past year, with its acquisition of Care Capital Properties and ongoing attempts to shed assets operated by troubled provider Genesis Healthcare (NYSE: GEN). Rick Matros, the Irvine, Calif.-based real estate investment trust’s (REIT) CEO, has been outspoken about the changes sweeping the […]

Senior Care CEOs Unite to Push Louisville as Aging Hub

On the heels of opening the doors to the senior care industry’s first-ever technology innovation hub, in Louisville, Kentucky, there’s another push to put the city at the forefront of the aging services industry. Some of the health care leaders involved with the Thrive Center for innovation are banding together with other CEOs in the city. […]

Must-Read News: Senior Care Innovation Center Announces Grand Opening

Happy Monday, Senior Housing News readers! Hopefully your weekend was a great one. The Thrive Innovation Center, a “thematic experience center” where consumers can try out innovative technology for aging seniors, is set to officially open in Louisville, Kentucky, on October 19.  The Thrive Center was created through a public-private partnership between the Commonwealth of Kentucky […]

Movers & Shakers: Holiday Hires New Senior VP of Sales

Holiday Retirement Welcomes New Senior VP of Sales Holiday Retirement welcomed Rick Wigginton as the company’s new senior vice president of sales. Wigginton has more than 25 years of executive experience in direct sales and sales management. Before joining Holiday, he worked at Atria Senior Living, where he served as senior vice president of sales, […]

In the Pipeline: Senior Housing Construction Projects (5/8/13)

Construction: Planned Nampa, Idaho OKs Proposal for Affordable Senior Housing  The City Council of Nampa, Idaho approved an ordinance this week to create 50 units of affordable housing for low-income seniors, Idaho Press reports. The project will be developed by Community Development, Inc. (CDI) and will require about $350,000 in renovations on the site of the […]

Senior Housing & Care Finance Activity: KeyBank, Capital One, Grandbridge

Grandbridge Real Estate Capital Facilitates $7 Million Financing for ALF Renovation Grandbridge Real Estate Capital recently facilitated the financing for an affiliate of The Carlyle Group’s joint venture with Atlanta-based Formation Development Group to acquire and renovate The Renaissance on Peachtree, an assisted and independent living community located in the Buckhead neighborhood of Atlanta, Ga. […]