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Welltower C-Suite Shakeup, $9.5 Million EB-5 Fraud

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January 4, 2017

[Updated] Welltower CEO DeRosa Extends Contract, CIO Brinker Departs

As part of a reorganization of top leadership at Welltower (NYSE: HCN), Thomas DeRosa is set to remain CEO of the Toledo, Ohio-based health care real estate investment trust (REIT) through April 2020, while Chief Investment Officer Scott Brinker will leave the company effective Jan. 3. The…Read More »

SEC: Senior Housing Developer Stole $9.5 Million in EB-5 Scheme

The Securities and Exchange Commission (SEC) has sued a private equity group with senior housing ties for engaging in a $9.5 million scheme by defrauding investors. The fraudster allegedly stole millions to pay for his lavish lifestyle, including the purchase and maintenance of a yacht…Read More »


Learn How Customer Service Can Impact Your Employees’ Emotional Health

MMather LifeWays Institute on Aging explores specific strategies frontline employees use to maintain a consistent positive demeanor, and explains which is best for employees’ emotional health in the research report “May I Help You?” Engagement and Emotional Labor in Frontline Senior Living Employees. The report also includes an overview for how to train your employees to exhibit positive emotions consistently in a way that is healthy for them. Download your report.

Senior Housing Investments & Transactions: Welltower Completes Sale of 28 Facilities

Welltower Completes Sale of 28 LTC Facilities Senior housing real estate investment trust (REIT) Welltower Inc. (NYSE: HCN) completed its previously-announced sale of 28 long-term care facilities. The facilities are master leased to Genesis Healthcare, Inc. (NYSE: GEN) and were sold to a joint venture…Read More »


Inside the Big Business of Ancillary Services in Senior Living

Learn what it takes to implement the latest ancillary services and why your business will benefit. Senior Housing News dives into the major advantages of ancillary services in its latest report, “Inside the Big Business of Ancillary Services in Senior Living.” Download your report.

Ensign Purchases 15-Property Assisted Living Real Estate Portfolio

The Ensign Group (Nasdaq: ENSG) now owns the real estate of 15 Wisconsin assisted living properties, which the company has been operating for more than a year. Mission Viejo, California-based Ensign did not disclose the purchase price, but the transaction was funded from cash using…Read More »

Senior Care Providers Plug Workforce Gaps with Older Adults’ Help

As industry leaders continue to seek creative ways to attack the staffing issue, some senior living organizations are turning to an innovative nonprofit that that taps retirees to help close workforce gaps. ReServe, based in New York City, is a nonprofit in operation since 2005 that matches professionals 55 and older, dubbed “ReServists,” with organizations that need…Read More »

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