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, […]

Revera CEO: Pandemic Response Analysis Informs Operating Changes, Sunrise CEO Search Progressing

Like senior living providers of all sizes, Revera was affected by Covid-19 in myriad ways. But as one of the largest North American providers, the company had a big-picture view of the pandemic. In an effort to analyze what happened in the first waves of Covid-19, and prepare for potential future infectious disease outbreaks, Revera […]

Providers Stay Nimble, Prepare for Hurdles as Covid-19 Vaccine Reaches Senior Living

The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they are preparing for obstacles appearing on the horizon. Providers across the country, including large organizations such as Brookdale Senior Living (NYSE: BKD) and Atria Senior Living, began administering the long-awaited […]

Sunrise Senior Living Was Quiet But Innovative Under Winkle

As this tumultuous year comes to a close, we’re digesting some more big industry news: the departureof Sunrise Senior Living CEO Chris Winkle. Sunrise quietly announced his exit in a press release posted to the company website, and did not offer information about his reasons for leaving or whether his exit indicates any change in […]

[Updated] Sunrise Senior Living CEO Winkle to Step Down

The CEO of one of the largest senior living providers in the U.S. plans to step down from his leadership role. Chris Winkle is departing McLean, Virginia-based Sunrise Senior Living, the company has announced. Sunrise is currently searching for its next CEO, with Ferguson Partners leading that effort. Winkle is also assisting the company’s board […]

Senior Lifestyle, Brookdale, LCS Top New J.D. Power Senior Living Rankings

Senior Lifestyle Corp. and Brookdale Senior Living (NYSE: BKD) have high satisfaction among senior living decision-makers, while Life Care Services has satisfied independent living residents, according to the 2020 U.S. Senior Living Satisfaction Study from global marketing information services company J.D. Power. The study, which J.D. Power released today, measured resident satisfaction among the nation’s […]