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1 week ago | 
seniorhousingnews.com | Tim Regan
This story is part of your SHN+ subscriptionOn Monday, I awoke to news that Cindy Baier had stepped down from Brookdale Senior Living (NYSE: BKD). I was surprised, and also not. On the one hand, I have written a couple times now about how I thought Brookdale under Baier’s leadership was turning a corner, especially with her strategy of renegotiating leases with landlords and pivoting to owned communities and coordination of lifestyle and care services.
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1 week ago | 
seniorhousingnews.com | Tim Regan
An organization started by Integral Senior Living Founder Sue Farrow has launched a “first of its kind” nonprofit chapter model meant to help senior living operators with their own philanthropic initiatives. The nonprofit, Senior Housing Relief for Elders (SHORE), earlier this month publicized its new effort to help senior living operators and service providers navigate the complexities of nonprofit status and charitable giving.
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2 weeks ago | 
seniorhousingnews.com | Tim Regan
Memory care operator Silverado has named a new top leader, with a leadership transition planned down the road.
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2 weeks ago | 
seniorhousingnews.com | Tim Regan
Watermark Retirement Communities founders David Freshwater and David Barnes are passing the leadership baton. The Tuscon, Arizona-based senior living operator on Monday announced it named Paul Boethel as its new CEO. As CEO of Watermark, Boethel will initially focus on “performance-driven growth,” the operator noted. In conjunction with the leadership change, Keppel on March 19 fully acquired Watermark, making the operator its wholly owned subsidiary.
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3 weeks ago | 
seniorhousingnews.com | Tim Regan
Many senior living operators had hoped that a new Congress and president in 2025 would mean a more favorable business and regulatory environment. But the headlines this week tell a very different story. Global markets plunged on the news of the Trump Administration’s tariff policy; the S&P 500 experienced its biggest single-day loss since 2020. Business leaders across all industries are affected by the tariffs and resulting market turmoil and uncertainty, and senior living is certainly not immune.
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3 weeks ago | 
seniorhousingnews.com | Tim Regan
Lush gardens, intimate villas, passive cooling design, walking paths, fountains, multiple restaurants – these aren’t features of an upscale resort, but of a senior living community in Arizona. Those features are part of a newly added independent living neighborhood dubbed “Inspirata Pointe” at Royal Oaks, a continuing care retirement community (CCRC) in Sun City, Arizona.
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1 month ago | 
seniorhousingnews.com | Tim Regan
This article is part of your SHN+ subscriptionLast month, I heard something unusual on Welltower’s (NYSE: WELL) Q4 2024 earnings call: CEO Shankh Mitra referring to “underpants gnomes.”The reference came up as he was describing the “fundamental misunderstanding” that senior living developers seem to have when talking about opportunities ahead. He compared their plans to those of the underpants gnomes – small fantasy creatures featured in a 1998 episode of South Park.
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1 month ago | 
seniorhousingnews.com | Tim Regan
Earlier this month, Foundry Commercial announced a new deal to merge senior living providers Spring Arbor and Allegro into a new operator called Allegro Living. Now comes the fun part, according to Doug Schiffer, who will lead the newly combined operator as president and CEO. In the coming year, both companies will combine their operations and emerge as Allegro Living with 53 senior living communities operating under multiple brand names.
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1 month ago | 
seniorhousingnews.com | Tim Regan
In 2025, the baby boomer generation is standing at the industry’s doorstep. Trustwell Living CEO and senior living industry pioneer Larry Cohen has prepared for this moment for decades. Cohen, who is the former CEO of Capital Senior Living – the operator now known as Sonida Senior Living (NYSE: SNDA) – has seen many real estate cycles over the years, ranging from industry’s infancy and growth in the ‘80s and ‘90s to the Great Financial Recession and Covid-19.
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1 month ago | 
seniorhousingnews.com | Tim Regan
A subsidiary of CareTrust REIT (NYSE: CTRE) is acquiring UK-based Care REIT plc and its 137 care homes in the United Kingdom in a deal representing about $817 million. Care REIT plc has a portfolio of 137 care homes totaling about 7,500 beds in England, Scotland and Northern Ireland managed by 15 operators. Under the deal, CareTrust subsidiary CR United Bidco Ltd has agreed to pay 108 pence in cash per ordinary share of Care REIT.
