Five Star CEO: Restructuring is ‘permanent solution’
By
Lois A. Bowers
May 09, 2019
The restructuring agreement signed in April with Senior Housing Properties Trust “is a permanent solution” to the financial woes of Five Star Senior Living, President and CEO Katie Potter said Wednesday...
Death rate for those 85+ increases ‘significantly,’ CDC says
By
Lois A. Bowers
Nov 30, 2018
The death rate for those aged 85 or more years increased “significantly” between 2016 and 2017, according to new statistics from the Center for Disease Control and Prevention’s National Center for...
Two paths to higher occupancy, per NIC
By
Lois A. Bowers
Jun 14, 2018
Two paths can help senior living operators prevent occupancy from dropping any further, according to the National Investment Center for Seniors Housing & Care.
Inflation, labor shortage continue to affect senior living construction costs
By
Lois A. Bowers
Aug 02, 2017
Inflation, a lack of workers and the price of wood and steel continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors...
People in the news, May 3
By
Amy Novotney
May 03, 2022
Appointments, promotions and awards at The Ciena Group, Discovery Senior Living, East Ridge Residence, Erickson Senior Living, Fishman & Associates, Franciscan Ministries, Juniper Communities, M3, MBK...
Five Star, Senior Housing Properties Trust announce restructuring deal
By
Lois A. Bowers
Apr 02, 2019
Five Star Senior Living and Senior Housing Properties Trust (SNH) will enter into new management agreements for 261 senior living communities that Five Star leases and operates as part of a restructuring...
54 percent of middle-income seniors could need housing, care help by 2029, NIC-funded study finds
By
Lois A. Bowers
Apr 24, 2019
Fifty-four percent of the 14.4 million middle-income older adults in 2029 in the United States will lack the financial resources to pay for senior housing and care, and a combination of public and private...
Atria to acquire Holiday, Welltower to buy 86 properties for $1.6 billion
By
Lois A. Bowers
Jun 21, 2021
Atria Senior Living plans to acquire the management services division of Holiday Retirement as real estate investment trust Welltower acquires 86 Holiday owned and leased senior living communities for...
Building back occupancy will be a balancing act: speakers
By
Lois A. Bowers
Mar 25, 2022
However long it takes, the process of building back occupancy will take new approaches, according to speakers at the National Investment Center for Seniors Housing & Care Spring Conference.
Labor Department issues COVID vaccine requirement for companies with 100 or more employees
By
Lois A. Bowers
Nov 04, 2021
U.S. companies employing 100 or more workers must develop, implement and enforce a mandatory COVID-19 vaccination policy, unless they adopt a policy requiring employees to choose to either be vaccinated...