Fordyce Out as Senior Lifestyle COO

After serving as chief operating officer at Senior Lifestyle for just over a year, Lisa Fordyce is no longer with the Chicago-based provider. Fordyce’s resignation is effective as of April 4, Senior Lifestyle confirmed to Senior Housing News. The company’s current Executive Vice President and Chief Administrative Officer Justin Robins will serve as Interim COO. “This […]

Monday Jump-Start: Don’t Count on REITs Buying Brookdale

Happy Monday! It’s an exhausting time—March Madness is in full swing, and seemingly everyone in Chicago is recovering from week-long St. Patrick’s Day celebrations. Before we descend into even more March Madness, here’s a recap of what we covered last week: California-based memory care provider Silverado will be making its East Coast debut in early […]

How Silverado Plans to Become a Coast-to-Coast Provider

Silverado was the eighth-largest memory care provider nationally as of 2016, and the company now is set to grow its footprint by expanding into a new part of the country. A property being developed in Alexandria, Virginia, will be the first foray into an East Coast market for Irvine, California-based Silverado. Scheduled to open in […]

USC Forges Path to Senior Living Executive Education

With an increasing emphasis on the education of new and prospective leaders, the senior living industry is also under way with a push to educate existing leaders—an effort pioneered in part by several executives and two world-renowned schools at the University of Southern California.  Now in its third year, USC’s three-day Senior Living Executive Course […]

In the Pipeline: Senior Housing Construction Projects (1/5/17)

(Photo of the main dining room at Watercrest of San Jose, located in Jacksonville, Florida — photo courtesy of StudioSIX5) Construction: Planned Thrive Senior Living Community Planned A memory care community in Marietta, Georgia is planned. The Thrive Memory Care at East Cobb will have a home-like feel with a living area, dining area, sunroom and […]

Editor’s Picks: Aging Affects Everything

This week, while parts of the United States were preparing for the worst ahead of Hurricane Matthew, we stayed on top of the news to bring our readers the latest happenings across the senior housing industry.   Readers were hot on the update that Silverado’s COO Shamim Wu stepped down from her role, and that […]

Silverado President Shamim Wu Exits Company

Less than a year after assuming the role of president and chief operating officer at memory care giant Silverado, Shamim Wu has left the company. Wu and Silverado Chairman and CEO Loren Shook mutually agreed upon the separation last week. “Over the last eight months it became evident that this was not a good culture […]

Senior Housing Investments & Transactions: Silverado, Welltower

Silverado Assumes Management of Welltower-Owned Community As part of Welltower Inc.’s (NYSE: HCN) $1.15 billion acquisition on the West Coast, Silverado assumed management and daily operations at The Berkshire-Vintage Senior Living Community on Sept. 16. The community has  been renamed Silverado Berkeley. Over the next several months, the community will gradually shift from an assisted living […]

Senior Living Providers Take Action to Prevent Workforce Crisis

This coverage of the 2016 National Investment Center for Seniors Housing & Care Fall Conference is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing live event coverage of the NIC conference, which […]