Movers & Shakers: Ecumen, LaSalle Group, Ziegler

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 year. […]

Kendal Corp. Expands ‘At Home’ Program Under New Strategic Plan

As part of a recently devised strategic plan, Kendal at Home is starting to become more integrated into the continuing care retirement communities (CCRCs) of Kendal Corp., one of the largest non-profit senior housing operators in the nation. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in […]

Senior Living Providers, Residents Have Huge Appetite for Aging Innovations

It’s a misconception that seniors are resistant to change. In fact, there’s a strong appetite for innovations in technology and service delivery among both senior housing providers and the older adults they serve, recent developments indicate. A fund targeting investment companies that are improving the aging experience—including through technology, home-based care and data analytics—has recently […]

Transactions & Financings: Blue Moon’s JV, PMRG to Merge with Madison Marquette

PMRG in Talks to Merge with Madison Marquette Texas-based PMRG, a privately held commercial real estate firm specializing in property management, project leasing investment management and development services, and Washington, D.C.-based Madison Marquette, a privately held commercial real estate investment and operating company, are in talks to merge. Closing is expected in the next 30 […]

Only 22% of CCRCs in the U.S. are For-Profit

Most continuing care retirement communities (CCRCs) in the United States continue to be not-for-profit, though for-profit CCRCs are more likely to be part of a multi-site organization, according to a new analysis from Chicago-based specialty investment bank Ziegler. Ziegler is currently tracking 1,955 CCRCs across the country. The majority—78%—of CCRCs in the U.S. are sponsored by […]

Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton

Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]

Movers & Shakers: Lancaster Pollard, Ziegler, Argentum

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 […]

80% of Senior Living CFOs Have Staffing Concerns for 2018

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 […]

Transactions & Financings: Blueprint, Phoenix Senior Living

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, […]