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 »
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 »Bay Point Nursing Pavilion Acquisition Profiled in LevinPro Database
Bay Point Nursing Pavillion, a Medicare-licensed not for profit skilled nursing facility situated at 4201 31st St S in Saint Petersburg, Florida, has been linked to a merger or acquisition in the LevinPro M&A deal database. Established on December 23, 2002, the facility is known for its skilled nursing services. LevinPro, a comprehensive service tracking M&A activity across more than a dozen healthcare sectors including hospitals, home health, medical real estate, and biopharma, has profiled this transaction involving Bay Point Nursing Pavillion. This information is featured in their deal database, accessible to subscribers here. With a robust history of tracking thousands of deals... Read More »
Ikaria Formalizing CareTrust REIT Relationship
Newly formed Ikaria Capital Group is formalizing an arrangement with CareTrust REIT to provide capital to the seniors housing and nursing home sector. The Ikaria team, which is led by White Oak Healthcare Partners alums Jason Dopoulos and Ken Gould, has worked with CareTrust on several debt transactions since 2022, and this marks a continuation of that relationship. The Ikaria team will also continue to provide debt origination, underwriting, and asset management services. CareTrust’s investment priority will still be on acquiring real estate through accretive transactions but will look to add to its debt investments, which can offer attractive yields. The REIT closed approximately... Read More »
Grace Management’s Recent Updates
Grace Management, which currently operates 70 communities in 22 states, announced the promotion of Brian Storey to President, effective March 1. This transition follows the company’s leadership succession plan, as Storey steps into the role previously held by Guy Geller, who was promoted to Chief Executive Officer on January 1. As part of the structured transition, Michal Penek has been promoted to Senior Vice President of Operations to backfill Storey’s previous role. Storey joined Grace Management in 2015 and has held key roles across every level of the organization throughout his tenure, demonstrating leadership in operations, strategic development, transitions, turnaround execution and... Read More »Schedule a demo
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