EF Senior Care Expands its Footprint
EF Senior Care, an owner/operator based in Plymouth, Massachusetts, grew its long-term care portfolio this month, having acquired the operations of a senior care campus in Lawrence, Massachusetts. Built in 1895, Berkeley Retirement Home comprises 44 skilled nursing and independent living beds. Berkeley Retirement Home represents EF Senior Care’s fourth management contract in the past year, and brings its beds under management to nearly 500. Read More »
Meridian Brings On New Senior Managing Director
Meridian Capital Group announced that Amy Heller has joined the firm’s seniors housing and healthcare group as a Senior Managing Director focusing on healthcare related debt brokerage. Heller will support the strengthening of Meridian’s seniors housing and healthcare group, overseeing the development of new and innovative solutions for clients across the firm’s advisory and underwriting capabilities. Heller is an industry veteran with more than two decades of experience in healthcare finance. She founded and served as President and co-Chief Lending Officer of the Healthcare and Housing and Urban Development (HUD) lending divisions at Forbright Bank, where she built and led teams... Read More »
Clearwater Welcomes New CEO
Clearwater Living announced that Danielle Morgan has been promoted to CEO. As Clearwater approaches 20 seniors housing communities under management, Morgan will assume an overall leadership role overseeing the expansion of its operations, including strategic initiatives, growth opportunities and maintaining culture. With more than 30 years of experience, Morgan is an experienced leader in the financial services and senior living industries. Since joining Clearwater in 2017, Morgan has worked to help provide strategic leadership and implement long-term growth strategies. Before joining Clearwater, Morgan served as chief operations officer of MBK Senior Living for 10 years. ... Read More »
Spring Arbor Living and Allegro Management Company Merge
Lisa Widmier of Vant.Age Pointe Capital Management & Advisory, which has executed several million dollars in transactions under Widmier, facilitated the merger between Spring Arbor Senior Living and Allegro Management Company, which have come together under a new holding company, Allegro Living. Allegro Living will serve seniors in 53 seniors housing communities across 13 states in the Northeast, Mid-Atlantic, Southeast and Midwest. Spring Arbor adds its 35 communities and more than 2,200 units to Allegro’s 18 communities and more than 2,300 units. These communities will continue to operate under the same name and same team, as the goal of the merger is growth rather than... Read More »
Solinity’s Recent Announcement
Solinity, a seniors housing developer, named William H. Holly and John Moore as Partners in Development to spearhead investor relations in the growth of the company’s development and acquisition pipeline. Solinity has a $300 million pipeline for new development and community acquisitions in the southeastern United States for expansion in 2025. Josh Crisp, Founder and CEO, is the visionary of the development pipeline, which includes plans for multigenerational and mixed use age friendly communities designed to meet the needs of the aging population. With over three decades of industry experience, and a native of Coral Gables, Holly began his career with the Codina Bush Group before holding... Read More »Schedule a demo
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