Cogir acquisition of Cadence forges top 25 senior living operator
By
Lois A. Bowers
Nov 02, 2022
Sacramento, CA-based Cogir Management has acquired Scottsdale, AZ-based Cadence Living, the companies announced late Tuesday.
Ventas to take over Santerre skilled nursing, senior living, medical office properties
By
Kathleen Steele Gaivin
Apr 03, 2023
Ventas will assume ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, the Chicago-based real estate investment trust announced...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.
New Eskaton report blames SNFs for $28 million net loss in 2022
By
Kathleen Steele Gaivin
Jun 01, 2023
Eskaton ended 2022 with a $28 million net loss, and its skilled nursing properties largely are responsible, according to an independently audited financial report dated May 16.
‘COVID hangover’ helps push healthcare company bankruptcies up 84 percent year over year
By
Kathleen Steele Gaivin
Jan 19, 2023
Bankruptcies in the healthcare industry — including those in senior living and care settings — increased by 84% in 2022, primarily driven by a “COVID hangover,” according to a new report by Gibbins...
Consider effects on employee retirement plans when planning mergers, acquisitions, expert says
By
Kathleen Steele Gaivin
Dec 01, 2023
Merger and acquisition activity in senior living and care has been flowing at a record pace throughout this year. But operators should not overlook the effects on employees’ retirement plans when making...
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...
Ventas ‘very engaged’ with shareholders, CEO says
By
Kathleen Steele Gaivin
Sep 13, 2023
Ventas CEO Ventas Chairman and CEO Debra Cafaro on Tuesday challenged allegations made a day earlier by Land & Buildings Investment Management as the activist shareholder called into question the Chicago-based...