Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019
As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...
People in the news, Nov. 5
Nov 05, 2019
Appointments and promotions at the Alaska State Hospital and Nursing Home Association, Arrow Senior Living Management, Assurance, Bank Leumi, Commonwealth Senior Living, Erdmann, Heron’s Key, Hord Coplan...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Bill would change adverse incident reporting requirements
By
Lois A. Bowers
Oct 24, 2019
A new bill in Florida that would change the way assisted living communities report so-called adverse incidents is being described by one lay media outlet as “anti-consumer,” but the legislator behind...
Middle muddle
By
John Hall
Oct 21, 2019
Investors eye margins, and developers explore affordable options.