Movers & Shakers: New 12 Oaks President; Synchrony Names Trilogy Founder Bufford CEO

Greg Puklicz named President of 12 Oaks Dallas, Texas-based 12 Oaks Senior Living announced Greg Puklicz as its new president, effective December 2021. Puklicz, who joined 12 Oaks as CFO in 2018, will retain his CFO position as well as his positions on the executive committee, leadership committee, and as director of business development. Five […]

Transactions & Financings: United Church Homes & Services Rebrands; Capital Bay’s $590M European Senior Housing JV

United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary. “While our name is changing, our mission and vision remain steadfast,” EveryAge President and CEO Lee Syria said in a statement. “EveryAge is committed to enriching lives by providing the […]

Problem Solvers: Discovery, Cascade Living, United Group, Veritas Use Data to Improve Operations

Senior living providers face myriad problems and challenges, particularly in light of the Covid-19 pandemic. But these problems are not insurmountable, and companies across the industry are devising creative solutions. In this series, we’re surveying industry leaders to highlight these actionable solutions. For this edition, we asked leaders with Discovery Senior Living, Cascade Living, The […]

New Intergenerational Experiment Could Ease Senior Living Pressures

In July, an independent living facility in Chattanooga, Tennessee welcomed an unconventional new resident: an 18-year-old named John Payne. This experiment in multigenerational housing is being led by The Victory Lap, a nonprofit organization that matches youth who have aged out of the foster care system with vacant apartments in senior housing communities, Victory Lap […]

LTC Completes Thrive Transition, Fine Tunes Acquisition Strategy

LTC Properties (NYSE: LTC) spent the first half of 2019 addressing underperforming operator partnerships and now believes it has set up its portfolio for improved performance in the year’s final months. Notably, the Westlake, California-based health care real estate trust completed the transition of six properties previously operated by Thrive Senior Living, and LTC is […]

Transactions & Financings: $120M Bond Financing for Spires at Berry College; NHI Acquires Holiday Community

The Spires at Berry College closes $120 million bond financing package The Spires at Berry College closed a $119.7 million bond financing deal, which will be used to fund the entirety of construction costs for the life plan community on the campus of Rome, Georgia-based Berry College. The tax-exempt bonds include $81.9 million underwritten by […]