Transform Podcast #26: Fee Stubblefield of The Springs Living

The Covid-19 pandemic is something every senior living provider must tackle head-on — but doing so comes at a significant cost. The Springs Living, a McMinnville, Oregon-based provider with 17 communities throughout Oregon and Montana, expects to spend more than $500,000 amid the Covid-19 pandemic. But that money is well worth it if the company […]

Covid-19 Is Costing The Springs Living, But Provider Will ‘Hold the Line’

The senior living industry may come out of the new pandemic era with an even stronger position than before — but in the meantime, operators are taking a hit on net operating income and are relying on support from their capital partners and even their competitors to weather the storm. For example, McMinnville, Oregon-based provider […]

Springs Living CEO: Industry Faces Big Questions About Investments in Operations Versus Real Estate

The Springs Living is careful to maintain its quality as it grows. With an established foothold in the Pacific Northwest, The Springs Living Founder Fee Stubblefield is currently focused on how the senior living industry can do a better job of helping operators and capital providers strike a balance between growing and still maintaining operational […]

Largest Senior Living Providers List Grows, No Surprises at the Top

There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]

Movers & Shakers: The Springs Living Names Chief People Officer; Watercrest’s New Regional Operations Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Transactions & Financings: Lutheran Senior Services’ $92M Bond Financing; CBRE’s $61M Loan

HJ Sims arranges $92 million bond financing package for Lutheran Senior Services HJ Sims completed a $92.4 million refinancing package for Lutheran Senior Services (LSS). The proceeds will fund an expansion to LSS’ Mason Pointe community in Chesterton, Missouri, as well additional planned capital improvements at other communities within its portfolio.HJ Sims identified bonds that […]

As Labor Woes Continue, Senior Living Providers Must Invest in People

While many senior living owners and operators stress investing in their buildings to keep occupancy high, investing in their workers is equally as important, if not more so. That was among the top takeaways from a panel discussion at the National Investment Center for Seniors Housing & Care (NIC) fall conference in Chicago, which began in […]