Value-Based Care Innovator Lifesprk to Acquire Tealwood Senior Living; Bill Thomas to Lead Creation of Operational Model

Lifesprk — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living. The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to […]

Enlivant Reaches Crossroads With New CEO, Ownership Uncertainty

Enlivant — the 11th-largest U.S. senior living provider in 2020 — is at a crossroads, with new CEO Dan Guill officially taking the reins this week, while questions about the company’s future ownership remain to be settled. With the CEO change, the story is largely one of continuity. Guill has been with the company since […]

Sunrise Senior Living Joins Growing List of Providers to Mandate Covid Vaccine

Sunrise Senior Living is making the Covid-19 vaccine mandatory for its employees. The McLean, Virginia-based senior living provider announced Tuesday that its employees have until July 31 to get fully vaccinated. Sunrise operates 270 senior living properties, making it one of the largest providers to make the Covid-19 vaccine a requirement for employment. The effort […]

Transactions & Financings: McFarlin Group Sponsors Global Investor; Greystone’s $24M HUD Loan

McFarlin Group is looking beyond the U.S. for senior housing investors. The Dallas-based fully integrated senior housing firm became a sponsor of Private Wealth Global, an investment platform focused on core-plus and value-add opportunities in the U.S. and Europe, particularly multifamily and health care. The move gives McFarlin access to investors in South America and […]

Court Ruling Offers Hope, But Uncertainty Remains Over Senior Living Liability Protection

A federal court ruling last week that the Public Readiness and Emergency Preparedness (PREP) Act grants liability to senior living providers taking measures to protect residents from Covid-19 is seen by industry advocates as a positive sign. It came after months of lobbying Congress for liability immunity from pandemic-related lawsuits. “It is an overwhelmingly positive […]

Favorable Ruling for Sunrise, Welltower Rests on Complete PREP Act Immunity for Senior Living Providers

A California federal court ruled Wednesday that measures taken by senior living providers to protect residents from Covid-19 are eligible for complete liability immunity under the Public Readiness and Emergency Preparedness (PREP) Act. “The California federal court ruling is significant for the industry which has done everything in its power to protect staff and residents […]

Healthpeak Announces $2.5 Billion In Senior Housing Sales

Healthpeak Properties’ (NYSE: PEAK) plan to dispose of up to $4 billion worth of senior housing assets is more than halfway complete. The Denver-based health care real estate investment trust (REIT) sold over $2.5 billion in senior housing operating portfolio (SHOP) and triple-net senior housing assets according to its earnings Q4 2020 earnings release on […]

[Updated] Callison Named CEO of Sunrise Senior Living, Guill to Succeed Him at Enlivant

Jack Callison is stepping down as CEO of Enlivant to become the CEO of Sunrise Senior Living. Callison will be succeeded by Daniel M. Guill, Enlivant’s long-term president and COO. Guill has a background in senior housing alongside hospitality, finance, and healthcare services. Before joining Enlivant, he worked with companies such as Fortress Investment Group, […]