Avamere spins off senior living properties to form Arete Living
By
Lois A. Bowers
Sep 06, 2022
Wilsonville, OR-based Avamere Living Community-Based Care, previously with Avamere Health Services, is spinning off independent living, assisted living and memory care communities to a new company called...
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...