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MEMBERS in the News
Commonwealth Assisted Living announced the pending sale of Stratford House and plans to expand services by investing $3.5 million into the Danville-based senior living community.
Crestavilla, a new resort-style senior living community being developed in Laguna Niguel is one step closer to opening. Recently, the new development broke ground and construction is underway.
Lancaster Pollard has hired Martin Kent to serve as the firm’s new chief credit officer. Kent, most recently the director of multifamily credit/underwriting for Fannie Mae’s seniors housing programs, will provide credit oversight for all the firm’s banking activities.
Benchmark Senior Living has established a new executive vice presidency overseeing sales and operations and appointed Jayne Sallerson to the position. Sallerson, a veteran industry leader, is currently chief operating officer of Sherpa, the senior living sales conversion and CRM system. The appointment is effective on August 22, 2016.
Five Star Quality Care, Inc. (Nasdaq: FVE), which does business under the name “Five Star Senior Living”, announced the addition of Morningside of Vestavia Hills, formerly known as Chateau Vestavia Hills, to their family of communities in the state of Alabama.