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 […]
Ziegler
Senior living executives in 2018 will continue to worry about staffing and all that goes along with it, according to Ziegler’s latest CFO Hotline. For the report, the Chicago-based specialty investment bank polled approximately 160 not-for-profit senior living financial professionals and CFOs nationwide. Roughly 57% of the respondents worked at single-site providers, and 43% represented […]
Phoenix Senior Living Acquires Three Senior Living Communities Phoenix Senior Living recently assumed management of* three senior living communities in Atlanta, Georgia: Addington Place of Johns Creek, Addington Place of Alpharetta, and Manor on the Square. Phoenix officially began managing these communities on January 1. Consequently, Phoenix Senior Living now operates eight communities in the Southeast, […]
SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for assisted living jobs for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] Lancaster Pollard Hires Managing Director […]
Chicago-based specialty investment bank Ziegler has named Dan Hermann as its new president and CEO, effective March 31. Ziegler’s current CEO, Tom Paprocki, plans to retire that same day. Hermann, who has spent the past 30 years at Ziegler, currently serves as the company’s head of investment banking. He will continue to serve in that role […]
Greystone Secures $19 Million in Refinancing for Dallas-Based Senior Housing Properties Greystone, a New York-based real estate lending, investment and advisory firm, has secured $19 million in refinancing of two undisclosed seniors housing assets located in Dallas and in nearby suburb DeSoto, according to REBUSINESS. Both loans were secured through Freddie Mac’s Targeted Affordable Housing (TAH) […]
Ziegler Closes $17.63 Million Valley Vista Care Corporation Financing Chicago-based investment firm Ziegler has provided $17,630,000 in series 2017A&B financing for Valley Vista Care Corporation. Valley Vista Care Corporation and Valley Community Housing Corporation are Idaho-based not-for-profit corporations and are the sole members of the Obligated Group. The Obligated Group operates 147 skilled nursing and […]
The largest nonprofit health care system in the country is reportedly considering a merger—which could mean the nation’s largest hospital operator also would be the third-largest nonprofit senior living organization. St. Louis-based Ascension Health and Renton, Washington-based nonprofit health system Providence St. Joseph Health have been discussing the possibility of merging for months, The Wall […]
The largest nonprofit senior living providers have once again been identified by industry association LeadingAge and specialty investment bank Ziegler. The 14th annual LeadingAge Ziegler 150 (LZ 150), published Monday, ranks the largest not-for-profit systems providing aging services through senior living in the United States, in order of total owned market-rate units, as of Dec. 31, […]
As the staffing crisis continues to plague the senior living industry, some operators across the U.S. are hitting a snag as they hunt for fresh workers: the cost of living is rising in many cities, and employees’ wages aren’t always keeping pace. This one-two punch has made it tough for some of those crucially needed […]
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