Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
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...
Good news, bad news on affordable housing front
By
Lois A. Bowers
Jun 22, 2016
There’s bad news and good news concerning affordable housing in the United States, according to speakers at a Wednesday press conference at which the Harvard Joint Center for Housing Studies released...
New sales and cost-reduction initiatives should help future performance, Capital says
By
Lois A. Bowers
May 03, 2018
Capital Senior Living saw occupancy dip in the first quarter, but new sales and marketing initiatives, as well as efforts to reduce costs through the centralization of several operating functions, should...
Modest senior living cost growth presents marketing opportunity, experts say
By
Lois A. Bowers
Apr 23, 2019
Modest rate increases necessitated by imbalances in supply and demand offer senior living operators in some U.S. markets a marketing opportunity if they’re willing to change their thinking, according...
Affordable seniors housing owners, residents benefit from legislation
By
Lois A. Bowers
Jul 19, 2016
A bill that would benefit owners and residents of affordable seniors housing is headed toward President Barack Obama’s desk, and two more are being considered in the Senate.
SNH: Five Star initiatives will address CCRC challenges
By
Lois A. Bowers
Mar 01, 2018
Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s...
Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...
Five Star to sell 6 communities but keep managing them
By
Lois A. Bowers
Nov 10, 2017
Five Star Senior Living will sell six senior living communities to Senior Housing Properties Trust for $104 million, Five Star President and CEO Bruce Mackey told those participating in a Thursday third-quarter...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.