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Brookdale Senior Living Inc. (NYSE: BKD) and HCP, Inc. (NYSE: HCP) have entered into a definitive agreement to acquire 35 private pay senior living communities from Chartwell Retirement Residences for $849 million.
Among the celebrations being held in honor of Women's History Month and International Women's Day, observed globally March 8, was a party recently held by one Chesapeake senior community. Revelry at the center's National Women's Day celebration on March 7 featured food, speakers, raffles and relaxing piano music. Tables adorned with pink and white flowers and pink programs were minded by attentive servers wielding trays loaded with cupcakes.
Lancaster Pollard recently announced the promotions of several members of its health care banking staff. The Columbus, Ohio-based firm, which provides capital funding, M&A and investment advisory services, announced the promotions of Jason Dopoulos, Tom Gale, Quintin Harris, Matt Lindsay and Chris Mauger to senior vice president.
Health Care REIT announced the addition of Colin Catherwood as Vice President – Investments, Canada. Mr. Catherwood will lead HCN’s new office in Toronto, Ontario. He is responsible for managing HCN’s Canadian portfolio and identifying and managing growth opportunities in Canada.
Watercrest Senior Living Group joined Walker & Company construction, MBV Engineering and Sebastian city officials to celebrate today’s groundbreaking of Pelican Landing Assisted Living and Memory Care in Sebastian, Florida. Watercrest Senior Living Group, the developer, owner and operator of the 65,000 square foot, 89-unit senior living community, plans to open the building to residents in the spring of 2016.
The LaSalle Group, a national leader in residential memory care, will break ground this month on Autumn Leaves of Greenville, which will be its first South Carolina location. The new community at 352 Pelham Road is slated to open in the first quarter of 2016, and is the result of a partnership between The LaSalle Group, United Community Bank and Med Properties.
In December of 2014, Lancaster Pollard sent an online survey to approximately 4,000 leaders at seniors housing and care facilities throughout the U.S. Some of the key findings include 62 percent of respondents answered they are extremely likely to pursue a new construction project in the coming year. Another 18 percent indicated they are somewhat likely, resulting in a total of 80 percent who will likely pursue a new construction project in 2015.
In celebration of Women’s History Month, 4,132 Holiday Retirement female residents responded to a four-question survey about the significance of women’s rights, women as role models, and hopes for women in the future
With Americans becoming ever more concerned about the health of their brains, the nation’s largest senior living provider has appointed an expert to broaden its cognitive fitness programs. Dr. Paul Nussbaum, Ph.D., A.B.P.P., a board-certified psychologist specializing in neuropsychology, has been named national director of brain health for Brookdale.
LTC REIT announced the completion and opening of a new 60-unit memory care community located in Westminster, Colorado and serving the Denver metropolitan area.
Oxford Senior Living is adding a $15 million independent living development to its campus near 29th Street North and Maize Road in Wichita, Kansas.
Joseph Teti, US Special Forces Veteran and Co-star of a hit reality TV show will be coming to Plattsburgh, NY for a one day seminar! Topics, such as, Team Building, Communication, Leadership and Situational Awareness will be covered. This one day powerful event will also feature memory activities, a VIP Reception, autograph signing and opportunity to meet and take pictures with Joe!
The LaSalle Group opens Autumn Leaves of Southwest Oklahoma City at 2232 SW 104th Street on March 5. The location is one of 11 new communities the company plans to open in 2015, and its third location in Oklahoma.
Health Care REIT announced that, based on investments closed thus far in the first quarter and potential investments for which HCN has signed a letter of intent or other customary preliminary documentation, HCN anticipates completing approximately $2.2 billion of investments in the first quarter of 2015.
Health Care REIT announced operating results for the company’s fourth quarter ended December 31, 2014, including a 7.3 percent growth in seniors housing operating portfolio.
The LaSalle Group broke ground on Autumn Leaves of Estero on Tuesday, Feb. 17, which will be its first Florida location. The new community, located on U.S. 41 at 22900 Lyden Drive, is slated to open in January of 2016. Autumn Leaves hosted an official ground breaking event at the site on Tuesday, Feb. 17 with executives from The LaSalle Group and the Estero Chamber of Commerce.
National Health Investors announced that it has established an “at the market” equity distribution program under which it may offer and sell shares of its common stock having an aggregate sales price of up to $300 million from time to time through KeyBanc Capital Markets Inc., BMO Capital Markets Corp., Goldman, Sachs & Co. and Stifel, Nicolaus & Company, Incorporated as sales agents and/or principals.
Caremerge LLC announced a $4 million first institutional financing round led by Cambia Health Solutions, and included additional investments from Generator Ventures, GE Ventures, Arsenal Venture Partners and Ziegler-LinkAge Longevity Fund. These investors are some of the first to focus on aging and long-term senior care.
Two of the premier sources of senior housing and care information will be combining their publications in 2015 for these areas. The new publication will carry the New LifeStyles title, but will also feature all of the content found in Alternatives for Seniors, giving the user a more comprehensive resource with many more options to choose from. In addition, all of our clients will be featured on both companies’ web sites at no additional cost.
Sodexo has been ranked, for the eighth consecutive year, as the best-performing company for Economic, Social and Environmental performance in the benchmark RobecoSAM ‘Sustainability Yearbook 2015’ as Industry Leader and Gold Class.