UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Enlivant portfolio sale process to begin before end of year, Sabra Health Care REIT CEO says
By
Lois A. Bowers
Nov 09, 2022
The 157-community, 6,996-unit Enlivant senior living portfolio in which Sabra Health Care REIT has a 49% stake through a joint venture with private equity firm TPG Real Estate will go up for sale by the...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Assisted living, addiction treatment focus of diversification strategy for Sabra in 2022
By
Lois A. Bowers
May 06, 2022
Assisted living figures prominently into the 2022 plans for Sabra Health Care REIT as the company seeks to diversify its portfolio and reduce its exposure to skilled nursing, CEO, President and Chair Rick...
CCRCs ‘exceeded expectations’ in first quarter, Healthpeak says
By
Lois A. Bowers
May 05, 2022
First-quarter results in Healthpeak Properties’ continuing care retirement community segment “exceeded our expectations,” the real estate investment trust’s president and chief investment officer,...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...