Lifesprk CEO: Innovations Underway to Bring Tealwood Portfolio Into New Care, Payment Models

Announced earlier this year, the acquisition of Tealwood Senior Living by Lifesprk was an industry milestone. Based in the Twin Cities metro area, Lifesprk specializes in providing value-based care largely through home- and community-based services. The company intends to bring more coordinated, integrated services to senior living residents by leveraging a mix of services and […]

Senior Living’s History of Home Care Failure May Repeat Itself

Back in April, I observed that capital is pouring into the home care sector, and that senior living providers need to be alert to threats and opportunities posed by growth and innovations in at-home care. So, I’m not surprised that there’s an emerging trend of senior living providers starting or expanding at-home care business lines. […]

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 […]

5 Ways Lifesprk’s Tealwood Acquisition Could Drive Senior Living Transformation

The senior living industry appears to be recovering from the Covid-19 pandemic, judging from positive occupancy trends reported by public companies over the last two weeks. The inflection in occupancy is a relief, but I’ve been giving even more thought to the news that Lifesprk, a company that provides value-based care largely through home- and […]

Transactions & Financings: Brookdale Closes $250M Credit Facility; Lancaster Pollard’s $58M Deal Volume

Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]

Transactions & Financings: LTC Credit Agreement, $750M Greystone Debt Fund

LTC Announces Extension of Unsecured Credit Facility California-based LTC Properties, Inc. (NYSE: LTC) recently entered into a second amended and restated unsecured credit agreement to replace the real estate investment trust’s (REIT’s) previous unsecured credit agreement dated Oct. 14, 2014. The credit agreement maintains the $600 million aggregate commitment of the lenders under the previous […]

In the Pipeline: Senior Housing Construction Projects (12/14/17)

This week’s In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture & design trends, the annual SHN Awards Competition. Construction: Planned Work Underway for Las Vegas Independent Living Community The Wolff Company has broken ground […]