Movers & Shakers: Norterre Adds Chief Information Officer

Norterre Adds Chief Information Officer to Executive Team Norterre, a residential, intergenerational neighborhood focused on improving health, added Kim Hynek as chief information officer and CFO of Action Pact, one of the partners of the project. Hynek has more than 25 years of experience in operations, development and financing of senior living and health care. […]

Movers & Shakers: Spectrum Retirement’s New President, COO

Spectrum Retirement Names New President, COO Spectrum Retirement named Bradley Kraus as president and COO, effective immediately. Kraus has worked for Spectrum for four years, most recently serving as senior vice president of business development. Before joining Spectrum, he was a senior associate in the real estate practice of Cerberus Capital Management. He began his […]

Movers & Shakers: Covenant Retirement Communities’ Regional Sales Director

Covenant Retirement Communities Announces New Regional Sales Director Covenant Retirement Communities, a not-for-profit senior services provider, announced the appointment of Melody Schneider as regional sales director for six of the company’s 12 continuing care retirement communities (CCRCs) located in Minnesota, Illinois, Connecticut, Michigan and Florida. Schneider has more than 10 years of executive leadership experience […]

Movers & Shakers: Juniper’s Executive Promotion

Juniper Communities Announces Executive Promotion Juniper Communities, a national owner and operator of 20 senior living communities, announced the promotion of Cindy Longfellow to vice president of business development and sales and marketing. Longfellow started with Juniper in 2003 at a Wellspring Memory Care community in Louisville, Colorado, serving as a member of the community-based […]

Senior Housing Finance Activity: Capital One, KeyBank

Capital One Closes $61 Million Term Loan and $12 Million Revolving Credit Facility to CommuniCare Family of Companies Capital One (NYSE: COF) acted as the sole lead arranger and administrative agent for a $61 million syndicated term loan and $12 million syndicated revolving credit facility to affiliates of CommuniCare Health Services. The loan and credit […]

In the Pipeline: Senior Housing Construction Projects (9/24/15)

(Symphony of Dyer – photo courtesy of Mainstreet and Symphony Post Acute Network) Construction: Planned Methodist Retirement Communities Plans Texas Senior Living Community Methodist Retirement Communities recently announced plans for the development of a new independent, assisted living and memory care community in College Station, Texas. The not-for-profit organization anticipates a mid- to late-September closing […]