Appointments, promotions and news at the American Association of Service Coordinators, Amsterdam at Harborside, Capital Senior Living, Consolidated Contracting, Edgemere, Enquire, EPOCH Senior Living, G5, Integral Senior Living, Montereau, National Church Residences, OneDay, Sabra Health Care REIT, Sentrics and WesleyLife.
Lawrence Cohen, a senior living industry veteran and former CEO of Capital Senior Living, has taken the helm of newly launched senior living operating firm Trustwell Living, joined by three additional long-time colleagues.
Dallas-based operator Capital Senior Living has completed the previously announced exit of all its triple-net lease agreements and has established a new management services business to aid future growth.
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires 116-bed Texas skilled nursing facility … Capital Senior Living completes $18M sale of Ohio senior living community … Real estate investment firm Eagle Arc purchases two South Florida SNFs for $36.4M … Enterprise Community Development completes construction of $30M affordable seniors housing project in Richmond, VA … Social Security likely to feel effects of COVID-19 long after pandemic is over
Appointments, promotions and news at Capital Senior Living, Ingleside, Healthcare Management Partners, LeadingAge DC, LeadingAge New Jersey & Delaware, Ohio Living, Retirement Unlimited, Sabra Health Care REIT, SAGE, St. Ann’s Community, Sunshine Retirement Living, United Methodist Communities, Walker & Dunlop and Westmont Living.
Occupancy challenges brought on by the coronavirus pandemic continue to raise “substantial doubt” about Capital Senior Living’s “ability to continue as a going concern,” the company said in a quarterly report filed Monday with the Securities and Exchange Commission.
Capital Senior Living said it incurred approximately $1.4 million in COVID-related costs in the third quarter, making its 2020 COVID-related cost total to date $4.6 million. Total operating expenses for the quarter were $65.2 million.
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
Dallas-based Capital Senior Living is expanding its Virtual Engagement Program by distributing tablet computers to all of its communities.
Appointments, promotions, departures and awards at Balfour Senior Living, Brookdale Senior Living, Capital Senior Living, Greystone Healthcare, JAMDA, Retirement Unlimited Inc., SageLife, Walker & Dunlop, Waltonwood Cary Parkway, Watercrest Senior Living Group and more.
