1st Quarter Investor Call
On Thursday April 24th, The SeniorCare Investor was joined by three expert panelists from the M&A and financing worlds to discuss case studies on deals that are closing right now (but would not have closed 12 months ago). Watch the webinar here. Read More »
LTC Properties Welcomes Dave Boitano
LTC Properties appointed industry veteran, David Boitano, as Executive Vice President and Chief Investment Officer. This followed the promotion of Clint Malin to Co-Chief Executive Officer in December 2024. Boitano has spent most of his seniors housing and healthcare finance career at Ventas, sourcing investments, including RIDEA, with direct underwriting responsibility for more than $5 billion in transactions. He is well liked in the industry and should be a very good fit with the LTC team. LTC’s investment portfolio currently includes 189 properties in 25 states with 30 operating partners. The company is expanding its RIDEA platform. Read More »
Life Care’s Board Unanimously Approves New Chairman and CEO
Life Care Centers of America, which operates more than 200 skilled nursing, post-acute, Alzheimer’s and senior living campuses in 27 states, announced that Aubrey B. Preston has been named the company’s Chairman and CEO. Life Care’s Board of Directors unanimously approved Preston as chairman and CEO after the Bradley County Chancery Court named him the legal conservator for his father, Life Care’s founder and owner Forrest L. Preston. Going forward, Aubrey Preston will lead the company on his father’s behalf. Earlier in his career, Aubrey Preston helped develop Life Care’s nationwide real-estate acquisition strategy. More recently, he is best-known for his philanthropic work in... Read More »
California and Illinois Turnkey Communities Are Up for Bid
Hilco Real Estate announced June 12 as the bid deadline for two assisted living communities, The Courte at Citrus Heights (Citrus Heights, California) and The Landing on Dundee (Wheeling, Illinois). Each community is being sold individually. Bids must be received on or before the deadline of June 12 at 5:00 pm (CT) and must be submitted on the LOI available for review and download from Hilco’s website. Built in 2016 and zoned Restricted Density Multiple Dwelling, The Courte features 48 memory care units with an occupancy rate of 87%. The community is in a region with a robust healthcare network, as healthcare and social assistance account for 13.7% of Sacramento’s workforce. It is... Read More »
Silverado Welcomes New CEO
Silverado announced the appointment of Wayne Sanner as Chief Executive Officer Designate, effective April 28. Sanner will work closely with Co-Founder and current CEO, Loren Shook, as he transitions to the new position. With over two decades of executive leadership in senior living and skilled nursing operations, Sanner brings a proven track record of excellence in scaling multi-side healthcare organizations, improving patient outcomes and fostering purpose-driven cultures. Most recently, Sanner served as Chief Operating Officer of Prestige Healthcare, where he oversaw 80 SNFs caring for 7,000 residents across five states and led a team of more than 10,000 members. Sanner’s... Read More »Schedule a demo
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