Vitality Senior Living is undergoing a company-wide refresh, with an exclusive management agreement with YourLife as some of the first evidence of what might be in store for the future. “We think third-party management is a good place to start, and people are looking for good operators,” Chris Guay, president of Vitality, told Senior Housing News. “It’s […]
WESTliving
MBK Real Estate, the Irvine, California-based subsidiary of Tokyo-based Mitsui & Co., Ltd., has announced an agreement to acquire nine senior housing properties from West Living for $382 million. MBK Senior Living, the senior living division of MBK Real Estate, will manage the properties, which are located in California, Washington and Arizona. MBK Real Estate currently owns and/or […]
Aegis Living Appoints New Chief People Officer Aegis Living has appointed Sandra Preyale as its new chief people officer. In her new role, Preyale will aim to revitalize the company’s recruitment and retention strategies with the continued goal of attracting and retaining top talent. Preyale joins Aegis Living with 30 years of experience as a global […]
Brookdale Senior Living Hires Interim CFO Brookdale Senior Living’s board of directors has appointed Teresa Sparks as the company’s interim CFO, effective March 28. Sparks is taking over for Lucinda Baier, who left the CFO role to become Brookdale’s new president and CEO last month. The company will continue to search for a permanent CFO during Sparks’s […]
Lancaster Pollard Names New Senior Managing Director Lancaster Pollard has promoted Jason Dopoulos to the role of senior managing director. Dopoulos, who has been with the firm since 2007 and has managed its health care bankers in the Southwest since 2013, will now also oversee banking efforts for Lancaster Pollard in the Northwest. In addition […]
Always Best Care Names New Territory Owner Roseville, California-based Always Best Care Senior Services has named husband-and-wife team Ethan and Ian Kim as the new owners of its San Diego South Territory. The agency provides non-medical in-home senior care services and free assisted living placements to local communities like Coronado, Downtown North Park, South Bay and […]
(Rendering of Windsor at Celebration — photo courtesy of Life Care Services) Construction: Planned Lifespace Communities Plans $39 Million Expansion Near Pittsburgh Lifespace Communities plans to break ground soon on a major renovation project at its Friendship Village of South Hills comunity in Upper St. Clair, Pennsylvania, which is near Pittsburgh. The $39.5 million project will […]
Welltower Names New Senior VP of Business Development Welltower Inc. (NYSE: HCN) promoted Justin Hill to senior vice president of business development. In the new role, Hill will focus on the growth and development of Welltower’s West Coast portfolio and manage the company’s new Beverly Hills, California, office. Hill began his time at Welltower in […]
Those who believe senior housing needs more high-quality operators might welcome a new entrant helmed by a former executive with industry giant Brookdale, backed by an investment firm with bona fides in the sector. Nashville-based Vitality Senior Living currently is pursuing new development in several markets in the Midwest, Northeast, and Southeast, and expects to […]
Réseau Sélection Acquires Three Residences, Eyes New Markets Réseau Sélection, the largest private sector owner, operator, buyer and developer of retirement communities in Quebec, announced that it has acquired three prestige properties in the Greater Montreal area: the residences previously managed by Symphony in the West Island and in Nun’s Island, and the residence Vista […]
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