LeadingAge Minnesota’s retiring chief, Gayle Kvenvold, shares insights gleaned over a 52-year career and discusses how the industry has changed, what’s in store for the future, lessons from the...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
AHCA/NCAL announces support of mandatory COVID-19 vaccination for long-term care workers
By
Lois A. Bowers
Jul 29, 2021
The American Health Care Association / National Center for Assisted Living “strongly urges” vaccination against COVID-19 for all healthcare personnel and supports all providers that adopt mandatory...
1.5 million reasons not to ‘rob’ senior living to pay for roads, bridges and sewer pipes
By
Lois A. Bowers
Jul 26, 2021
Senior living and care leaders turned up the pressure on members of Congress on Friday, pointing out the dangers associated with a rumored plan to take $24 billion away from the Provider Relief Fund —...
COVID down, interest up, but senior living occupancy unchanged as inventory grows
By
Lois A. Bowers
Jul 09, 2021
Senior housing occupancy (independent living and assisted living combined) held steady at 78.7% in the second quarter, despite declining cases of COVID-19 and increasing interest in independent living...
Ventas to acquire New Senior Investment Group in $2.3 billion transaction
By
Lois A. Bowers
Jun 28, 2021
Real estate investment trusts Ventas and New Senior Investment Group will merge in an all-stock transaction valued at $2.3 billion, including $1.5 billion of New Senior debt, the companies announced Monday...
‘Most sought after’ is a good position to be in
By
Lois A. Bowers
Jun 21, 2021
With senior living occupancy seemingly having bottomed out and now trending upward for several providers as the effects of the pandemic wane, more good news recently came for the senior living industry,...
Industry continues to look to immigration reform to help address workforce shortages
By
Kimberly Bonvissuto
Lois A. Bowers
Jun 21, 2021
President Biden’s immigration reform policies, as well as immigration reform legislation being considered by Congress, offer potential solutions for ongoing workforce shortages affecting senior living,...
On-site care, data and Dr. Bill Thomas: Lifesprk’s CEO talks about the company’s $30 million tech...
By
Lois A. Bowers
Jun 01, 2021
Minneapolis-based Lifesprk recently acquired 35 Tealwood Senior Living communities, bringing them under Lifesprk Senior Living. Lifesprk CEO Joel Theisen recently shared with McKnight’s Senior Living...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...