Baltimore, Maryland (PRWEB) April 28, 2021 Brightview Senior Living, a leader in senior living that builds, owns and operates 45 senior living communities
Percentage of minorities: 68.7 percent
Revenue in 2020: $10.571 billion Like all hospitality businesses, Marriott suffered in 2020. The company furloughed tens of thousands of workers from its 842 U.S. locations, but kept out-of-work hotel staffers in the loop with monthly voluntary calls in which the furloughed could learn about Marriott s status and its prospects of economic recovery, according to Fortune. The company also helped those who did not expect to return to Marriott to seek jobs in industries that were hiring.
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Industry: Health care
Employees: 4,630
Percentage of minorities: 49.8 percent
Revenue in 2020: N/A
For certain hourly workers, Brightview issued 20 percent hero pay increases amid the pandemic and gave permanent pay increases to one-third of its front-line workers, according to Fortune.
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Harrison Street Picks Up Boston-Area Senior Asset
The 90-unit community in Watertown, Mass., offers independent and assisted living, along with memory care services. Feb152021
Image via Google Maps
Harrison Street Real Estate Capital, along with partner LCB Senior Living, has purchased The Residence at Watertown Square, a 90-unit senior community in Watertown, Mass. Newmark arranged the acquisition financing for the buyers. Last September, LCB broke ground on The Residence at Penniman Hill, another 90-unit senior community outside of Boston.
According to the
New England Real Estate Journal, LCB is the original developer of the asset that broke ground in mid-2013 and opened its doors in 2014. Three years after its completion, LCB along with Washington Capital Management received a $45 million recapitalization loan, arranged by Cushman & Wakefield, as reported by