UPDATED: AlerisLife acquisition by ABP complete; company now private
By
Lois A. Bowers
Mar 20, 2023
The acquisition of Newton, MA-based senior living provider AlerisLife by ABP Acquisition LLC has been completed, AlerisLife announced Monday morning.
A vision to address the industry’s No. 1 issue
By
Lois A. Bowers
Oct 20, 2022
Vision Centre President and CEO Douglas Olson, PhD, MBA, shares how the new center will try to help operators plan for the next generation of leaders.
Older adults’ location preferences similar to general population until they reach their 80s
By
Lois A. Bowers
Apr 17, 2023
Adults aged 75 or more years — often the point at which senior living providers start thinking of them as prospective residents — generally are attracted to the same destinations to live as people...
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...
Congress should create national database about older adults in guardianships, group says
By
Lois A. Bowers
Apr 01, 2024
Congress should create and fund a national database that contains demographic data about older adults who have guardians, recommends a new white paper from Justice in Aging.
CMS proposes expanding Medicare benefit for mobility devices, seeks feedback
By
Lois A. Bowers
Feb 16, 2023
Power seat elevation equipment on certain power wheelchairs would be covered for Medicare beneficiaries for the first time under a proposal put forth late Wednesday by the Centers for Medicare & Medicaid...
CareTrust REIT decides to keep 14 senior living properties previously marked for change
By
Lois A. Bowers
Feb 13, 2023
The REIT decided to keep 14 senior living communities previously designated as candidates for sale, repositioning or restructuring.
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...