Tokyo-based SoftBank Group Corp. will acquire New York City-based Fortress Investment Group for $3.3 billion in cash, the companies announced Tuesday.
Appointments and honors at Erickson Living, Holiday Retirement, Housing & Healthcare Finance, Peconic Landing, Sagora Senior Living, Solvere Senior Living, Sun Health Senior Living, Trinity Health Senior Communities, Via Christi and more.
AEW Capital Management has closed AEW Senior Housing Investors III with commitments totaling $500 million, reaching the fund's target fundraise and hard cap, the Boston-based real estate investment management services company has announced.
All 12 Senior Star senior living communities have been accredited for three years by independent, not-for-profit accreditation firm CARF.
Three college students each will receive $2,000 as winners of SeniorAdvisor.com's third annual Future of Assisted Living scholarship program.
Appointments, promotions and awards at Covenant Retirement Communities, Erickson Living, Front Porch, Green Hill, Jewish Home, Peconic Landing, Touchmark, Van Dyk Health Care, Watercrest and more.
Appointments, promotions, awards and other news from Charles E. Smith Life Communities, Cornerstone Healthcare Group Holding, Erickson Senior Living, HCP, Healthcare Realty Trust, Integrace, LCB Senior Living, LeadingAge New Jersey, Lifespace Communities, Morningside Ministries, the National Investment Center for Seniors Housing & Care, New Perspective Senior Living, Presbyterian Communities and Services, Prestige Care, Sun Health at Home, Welltower, Wesley Homes and more.
Keith Johannessen, president, chief operating officer and a board member of Capital Senior Living, died Tuesday after battling cancer, the company announced Wednesday.
Shareholders of Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Corp. have approved the previously announced merger of the three companies. The new Colony NorthStar will manage more than $58 billion in assets.
The four-property portfolio of US Memory Care communities in Texas has been purchased by an undisclosed investor. Managers of the properties have been announced, however.
Appointments and promotions involving Civitas Senior Living, Front Porch, Sonata Senior Living, Whirlpool Corp. Commercial Laundry and more.
Aegis Living came in at No. 46 on Glassdoor's latest list of the top 50 large employers. It's the first time that a senior living organization has made the list.
Appointments, promotions and other news from Christian Living Communities, Civitas Senior Living, Covenant Retirement Communities, Erickson Senior Living, Jefferson's Ferry Foundation, LCB Senior Living, LeadingAge Indiana, Presbyterian Communities and Services, Senior Quality Lifestyles Corp., Shell Point Retirement Community and more.
Bloomfield, NJ-based Juniper Communities paid $13.65 million to acquire Wood River Village in Bensalem, PA, on Nov. 30, financing the entire purchase with cash from its balance sheet.
Specialty investment bank Ziegler has closed on $232 million in Series 2016 financing for Acts Retirement-Life Communities. The total transaction size is among the largest issues in the tax-exempt senior living marketplace, according to Ziegler.
Magnolia Haven Health and Rehabilitation Center, Pearl Garden and Brandywine Living at Livingston.
Research will be a focus of the senior living organization's relationship with the risk management, insurance brokerage and advisory company.
Appointments at Acts Retirement-Life Communities, the American College of Health Care Administrators, Bridges by Epoch, Caremerge and Solvere Senior Living.
Healthcare improvement company Premier Inc. will acquire group purchasing organizations Innovatix and Essensa Ventures for $325 million, the company announced Monday. The transaction is expected to close before the end of the year.
Appointments, promotions, awards and other news related to Aegis Living, Brandywine Senior Living, Brookdale Senior Living, Capital One, Capital Senior Living, Covenant Retirement Communities, Eliza Bryant Village, Genesis HealthCare, Greystone, Jefferson's Ferry, LeadingAge, Lifespace Communities, North Hill, Welltower, Wheelock Terrace and more.
Global investment management firm Arcapita has acquired a privately held portfolio of three U.S. senior living communities for $110 million.
Middle-market real estate private equity firm The Tanbic Company has entered the senior living space with the $15.4 million purchase of Friendship Village at La Cholla. The company said it aims to allocate $100 million to potential acquisitions or developments in seniors housing within the next year.
Appointments, promotions and awards related to the American Health Care Association/National Center for Assisted Living, Anthem Memory Care, Brookdale Senior Living, Clearwater Senior Living, HCP, LCB Senior Living, Lifespace Communities, Menorah Manor, North Hill, Presbyterian Senior Living, WESTliving and more.
Nonprofit retirement community developer and manager Senior Quality Lifestyles Corp. is negotiating with Cornerstone Affiliates to purchase one of its companies, Seniority Inc., sister to ABHOW, be.group and Beacon Communities.
Ohio Presbyterian Retirement Services, the largest not-for-profit operator of continuing care retirement / life plan communities in the Buckeye State, has changed its name to Ohio Living.
Appointments, promotions and awards in senior living.
More than 1,600 participants are attending the PointClickCare SUMMIT, which began Monday in Orlando, FL.
Senior living referral service A Place for Mom is adding the OurParents brand to its portfolio of services focused on helping families find services and care solutions, the company announced Thursday.
Murfreesboro, TN-based National Health Investors will acquire an entrance-fee continuing care retirement / life plan community in North Branford, CT, for $74 million, the real estate investment trust announced Thursday.
Charlottesville, VA-based Commonwealth Assisted Living has changed its name to Commonwealth Senior Living, the company announced Tuesday.
LCB Senior Living LLC celebrated the groundbreaking of The Residence at Melrose Station in Melrose, MA. It offers 90 apartments in independent living, assisted living and memory care.
Christian "Chris" Mason of Oregon was re-elected as chairman of the board of directors of the National Center for Assisted Living Wednesday at the annual meeting of the American Health Care Association / NCAL in Nashville, TN. It's his second term. The board also welcomes two new members.
Two senior living organizations in different parts of the country announced name changes on Tuesday.
Appointments, promotions and awards involving Arbor Acres United Methodist Retirement Community, Brookdale Senior Living, Integral Senior Living, Jefferson's Ferry, National Lutheran Communities & Services, Senior Quality Lifestyles Corp., Sunrise Senior Living, Windsor Rosewood Care Center and more.
The National Center for Assisted Living added four new assisted living quality measures to LTC Trend Tracker, so member organizations now can track their progress on all of the NCAL Quality Initiative goals within one tool, the organization announced Sunday at NCAL Day.
Appointments, promotions and awards involving Ann's Choice, Erickson Living, Gardant, Genesis HealthCare, Integral Senior Living, Legacy Senior Living and Sunrise Senior Living.
Auburn Hills, MI-based Moceri says it plans to invest more than $1.2 billion over 10 years to build new senior living communities under the Blossom Collection name in its home state.
Online caregiver marketplace CareLinx and online caregiver learning service CareAcademy.com are partnering to provide professional courses and certificates for the 150,000 caregivers who are on the CareLinx platform, the companies have announced.
Appointments, promotions and awards involving Aspen House Memory Care Assisted Living, Evergreen Estates, IntegraCare, the National Center for Assisted Living, Newhaven Court at Clearview, the Pennsylvania Health Care Association, Prestige Care, the Schwartz Center for Compassionate Healthcare, Symphony Senior Living and more.
Sodexo formally will launch a new restaurant concept later this month to supplement the traditional dining service in the senior living communities it serves. Bistro 464 should be available at more than 100 locations within its first year, the company said.
ABP Acquisition LLC announced Monday that it intends to make a cash tender offer for up to 10 million shares of common stock of Newton, MA-based Five Star Quality Care at a $3 per share, a 57% premium over Friday's closing price of $1.91 per share.
The Center for Excellence in Assisted Living's Randy Slikkers talks about the organization's strategic vision for the future.
Martha A. Roherty joins Center for Excellence in Assisted Living Board of Directors, James "Mac" McClelland receives Senior Service Award from Woodstock Terrace Assisted Living.
Lifespace says appointments designed to position organization for mergers and acquisitions, Norterre names chief operating officer, Lutheran Senior Services names director of clinical resources, Dominion Senior Living adds an executive director, Jewish Home Family CEO appointed to New Jersey elder abuse task force
Enlivant will increase the size of its portfolio by 40% when it finalizes the acquisitions of 48 senior living communities from multiple unidentified sellers, the company announced Thursday.
Appointments, promotions and awards involving Life Care Services, Lutheran Senior Services, Plante Moran Living Forward, Sedgebrook, Senior Care Development and Watercrest Senior Living Group.
Newport Beach, CA-based Clearwater Senior Living and Boston-based real estate investment management company Berkshire Group will develop and acquire seniors housing communities in the western United States under a joint venture announced Monday.
Brookdale Senior Living Chief Medical Officer Kevin O'Neil, M.D., is joining Ascension Senior Living, where he will hold the same title, effective Oct. 31.
The inaugural Forbes Cloud 100 list of the top private cloud-computing companies in the world features several companies familiar to those in seniors housing and long-term care.
Brookdale Senior Living has spent $4 million to date redesigning its website after analyzing millions of visits to its former site, interviewing consumers and reviewing other types of websites with which many consumers already are comfortable, the company announced Tuesday.
Promotions, appointments and awards involving Argentum Florida, Dominion Senior Living, Erickson Senior Living, Friendship Village, LeadingAge, LeadingAge Florida, Legend Senior Living, Senior Lifestyle, Springpoint Senior Living, Touchmark, Trinity Senior Living Communities, United Methodist Retirement Communities, Vi and more.
Investors Real Estate Trust plans to complete its exit from the seniors housing arena in 2017 when $236 million in sales agreements for 27 properties close, the real estate investment trust announced late Wednesday.
A labor union on Thursday expressed concerns related to Welltower's plans to use a RIDEA structure to lease properties it plans to purchase from Vintage Senior Living, but one of the REIT's executives previously said it can "manage risk and enhance value through a RIDEA structure better than anybody."
WNC Corp. 42, a $102 million institutional low-income housing tax credit fund, has closed, and six of its properties are senior living communities.
Appointments, promotions and awards involving Cushman & Wakefield, Erickson Living, Equinox Terrace Assisted Living, the Lutheran Home Association, National HealthCare Corp., Watercrest Senior Living, Welltower, WESTliving and more.
Argentum will hold a free, one-day memory care symposium for its members on Oct. 5 in Washington, D.C.
Organizations representing senior living communities and those who work at them have negotiated a discounted rate on the license required to show DVDs and other programs that are protected under intellectual property rights.
News about Aldersgate Healthcare, Arbor Co, Blake Management Group, Brookdale Senior Living, Buckner International, Civitas Senior Living, CR Properties, MedCore Partners, National Lutheran Communities and Services, National Realty Group, Trilogy Health Services, Wentworth Senior Living and more.
Appointments, promotions and awards at Acts Retirement-Life Communities, Asbury Place, The Blossom Collection at Moceri Companies, Dominion Senior Living, Edgewater Pointe Estates, Jefferson Center Inc., John Knox Village of Florida, Juniper Communities, OakBridge Terrace Assisted Living, Penney Retirement Community, Westminster Oaks, Windham Terrace Assisted Living and more.
Providers in Scarborough, ME, West Hartford, CT, and Kent, OH, have won Gold Excellence in Quality Awards from the American Health Care Association and National Center for Assisted Living this year, the organizations announced Friday.
Appointments and promotions at The Avamere Family of Companies, Crown Center for Senior Living, The Forum at Desert Harbor, Market Street Memory Care Residences, Otterbein Lebanon Lifestyle Community, The Village at Rockville, Wingate Healthcare and more.
Appointments, promotions and honors involving Beatitudes Campus, Carillon Assisted Living, the Gerontological Society of America, Hand in Hand Elder Care, LeadingAge, LeadingAge Florida, Lutheran Homes Society, Penney Retirement Community, Welltower and more.
News about Capital One, Elior Group, Erickson Living, National Home Health Care Corp., Sun Health Senior Living and more.
Appointments involving Avanti Senior Living, Hebrew SeniorLife, Lancaster Pollard, Legend Senior Living, Life Care Services, Scott-Farrar at Peterborough and more.
The National Center for Assisted Living announced the recipients of its 2016 awards on Tuesday.
Appointments involving Allegro, Benchmark Senior Living, Blue Harbor Senior Living, Christian Care Communities, Erickson Living, Kisco Senior Living, Lancaster Pollard, Lifespace Communities, MatrixCare, the National Center for Assisted Living, Terwilliger Plaza and more.
News about Anthem Memory Care, Brookdale Senior Living, InnovAge, Integral Senior Living, Village Cooperative, The Watermark at Trinity and more.
Human capital management software company OnShift is now a Silver Partner of LeadingAge, the organization announced Thursday.
News from Acts Retirement-Life Communities, Buckner Retirement Services, Capital One and Ecova.
Appointments and awards involving Agemark Corp., CareerStaff Unlimited, Century Park Associates, Erickson Living, Gardant Management Solutions, Integral Senior Living, Kisco Senior Living, Lancaster Pollard, LeadingAge Illinois, LeadingAge New Jersey, Mustang Creek Estates, the Texas Assisted Living Association, Walker & Dunlop and more.
News from Acts Retirement-Life Communities, Amada Senior Care, Caddis, CareTrust REIT, Civitas Senior Living, McGowan Senior Care, Prevarian Senior Living, Spectrum Retirement Communities, Sunrise Senior Living and more.
Appointments, promotions, awards and other news involving Anthem Memory Care, Avanti Senior Living, Brookdale Senior Living, Erickson Living, Legend Senior Living, Life Care Services, National HealthCare Corp., PointRight, Touchmark and more.
Ventas will pay $1.5 billion to acquire almost all of the life science and medical real estate assets of developer Wexford Science & Technology from affiliates of Blackstone Real Estate Partners VIII L.P., the real estate investment trust announced Tuesday.
Nine assisted living communities have earned 2016 Silver - Achievement in Quality Awards from the American Health Care Association/National Center for Assisted Living, the organizations announced Thursday. That's a record for the annual program.
The American College of Health Care Administrators has launched a new online portal that includes a new association management system and online communities.
McKesson Corp. and Change Healthcare Holdings on Tuesday announced the creation of a new healthcare information technology company.
Five Star Quality Care plans to delist its common shares from the New York Stock Exchange and move to the Nasdaq Stock Market, the company announced Monday in a filing with the Securities and Exchange Commission.
Erickson Living, the American Health Care Association, Capital One Financial, and Walker and Dunlop are four of 150 companies and organizations named to the Washington Post's "Top Workplaces 2016" list, which recognizes Washington, D.C.-area employers, the media outlet announced Friday.
Appointments, promotions and awards involving Baptist Retirement Community, CEAL, Century Park Associates, Ecumen, HCP, LeadingAge Virginia, Lifespace, Ohio Presbyterian Retirement Services, Presbyterian Communities and Services, Senior Quality Lifestyles Corp., Sun Health at Home, US Memory Care, Watercrest Senior Living, Welltower, Ziegler and more.
Members of the National Center for Assisted Living have two main goals today and tomorrow when they meet with members of Congress in the nation's capital.
Glenn O. Maul, Brookdale Senior Living executive vice president and chief people officer, will leave the company by July 15, Brookdale announced in a May 16 filing with the Securities and Exchange Commission.
A symposium and new research are the anticipated outcomes of a new three-year corporate partnership announced by Argentum and real estate investment trust HCP on Wednesday.
The Masonic Village at Burlington recently completed an $8.9 million makeover that positions the 120-year-old facility "one of the most sustainable, energy-efficient and resilient senior living communities in the country," according to someone involved with the project.
Manny Navarro, executive chef of the Watercrest of Lake Nona assisted living and memory care community, earned top honors at a recent chefs' competition.
Northstar Commercial Partners has entered the senior living market with the groundbreaking of a Denver assisted living and memory care community that will be operated by Balfour Senior Living.
Shane Goodman has been appointed to chief investment officer and president of JBG Design & Development, and Matthew Kern has been promoted to national director of operations of The Goodman Group's senior living and healthcare division.
AdCare Health Systems faces potential delisting from the NYSE MKT stock exchange, the company shared in an April 22 filing with the Securities and Exchange Commission.
Ann Walsh has been named senior vice president of operations at Lifespace Communities, which owns and operates 12 continuing care retirement / life plan communities in seven states.
Civitas Senior Living has acquired two senior living communities in East Texas. The combined transaction adds 314 units to the Civitas portfolio of more than 20 properties in Texas.
The former chief operating officer succeeds the late John B. Goodman, who had led the company since 1976 and passed away March 20 from complications following a heart attack.
Encore Rehabilitation Services has acquired Evergreen Rehabilitation, Select Medical Rehabilitation Services and Metro Therapy, the contract therapy business of Select Medical Holdings Corp.
Arizona State University plans to develop a life plan community on its campus, within steps of downtown Tempe restaurants and cultural venues. The project is a collaboration with the ASU Foundation and Pacific Retirement Services.
Erickson Living has received the American College of Occupational and Environmental Medicine's Corporate Health Achievement Award in recognition of its efforts related to the health and safety of its workers.
OnShift has closed on $18 million in Series D financing that it will use to expand product development and accelerate sales and marketing plans.
Gardant Management Solutions has promoted two members of the company's executive leadership team.
"Keep Connected" will be the theme for this year's National Assisted Living Week, which will be Sept. 11 to 17, according to the National Center for Assisted Living.
The Residence at Five Corners, an LCB Senior Living community in Easton, MA, held its grand opening celebration on April 12.
Three senior living communities recently were recognized for supporting healthy aging through whole-person wellness programming.
Plymouth Village of Redlands, CA, has formed a new partnership with Consonus Healthcare to provide inpatient and outpatient rehabilitation and therapy services to its residents as well as local older adults.
Genesis HealthCare has named Richard A. Feifer, M.D., M.P.H., F.A.C.P., as chief medical officer of Genesis Physician Services, a new position.