Two California-based senior housing nonprofits, Front Porch and Covia, have agreed to affiliate with one another. The two organizations’ boards of directors voted to affiliate…
Posts published in “Non-Profit”
Not-for-profit and for-profit senior living providers are sometimes seen as oil and water — but this is not the case for Christian Living Communities (CLC)…
A sizable regional player in non-profit senior housing is taking steps to grow its independent and assisted living offerings, including for the middle market —…
Acts Retirement-Life Communities has shuffled its executive team. The Fort Washington, Pennsylvania-based nonprofit senior living provider appointed Karen Christiansen president. Christiansen, who has been with…
About a week after Scott Riddle joined Minneapolis-based senior living provider Walker Methodist as CFO in April 2013, the CEO left the nonprofit. “My joke…
Asbury Communities has welcomed a new partner into the fold — and, in the process, it’s made strides toward diversifying the services it offers. The…
In 2013, the San Francisco Campus for Jewish Living (SFCJL) was facing a dire situation. Reimbursement cuts being contemplated by the state of California posed…
In 2014, Presbyterian Retirement Communities Northwest (PRCN) was a small and struggling provider with three communities in the Seattle area. Fast-forward to the present day,…
A partnership with tech-forward home care startup Honor has enabled senior living nonprofit Eskaton to boost revenue and smoothed the organization’s expansion into new markets.…
Last week marked the official grand opening of Ventana by Buckner, a $240 million high-rise continuing care retirement community (CCRC) in Dallas. Ventana is part…
Like many other senior housing and care nonprofits, St. Ann’s Community has a long and successful track record, but the organization has been making some…
A continuing care retirement community (CCRC) owned by senior living nonprofit Lifespace Communities has filed for Chapter 11 bankruptcy. The 283-unit community, The Stayton at…
Nonprofit senior living providers have shown an increased appetite for growth through affiliation and expanding existing campuses in recent years. Yet an aversion to risk…
Nonprofit senior living providers have historically driven innovation in the field, but there is some concern that they are being eclipsed in this regard by…
HumanGood CEO John Cochrane is not happy with the state of the nonprofit senior housing and care sector. Specifically, he believes that many nonprofit organizations…
Non-profit senior living providers across the U.S. have in recent years looked to mergers and affiliations as a way to gain scale and thrive in…
Presbyterian Senior Living (PSL), one of the largest non-profit senior living providers in the nation, has named Jim Bernardo as president and CEO. Following the…
Having taken the role in Oct. 2016, Steve Kastner has now been CEO of Trinity Health Senior Communities for three years — and it’s been…
Mary’s Woods at Marylhurst used to take pride in being “the best kept secret” in Lake Oswego, Oregon. Not anymore. As a $216 million repositioning…