Average salaries for assisted living community presidents/CEOs across the country increased 2% over the past year, up from the 1.33% increase that the executives received in the previous year but down...
4 strategies Brookdale is using to combat new competition
By
Lois A. Bowers
Aug 08, 2017
The opening of new communities near Brookdale Senior Living properties challenged the country’s largest senior living operator in the second quarter, President and CEO Andy Smith told participants...
‘Painful’ Brookdale property transitions, sales help make HCP ‘unrecognizable’ from 2 years ago,...
By
Lois A. Bowers
Nov 01, 2018
Greatly reducing the concentration of Brookdale Senior Living properties in its portfolio has been part of a “whirlwind of activity” that has led to HCP being “very unrecognizable from the HCP of...
California operator braces for planned $15 minimum wage
By
Lois A. Bowers
Mar 29, 2016
One of California’s largest senior living operators is planning changes in the wake of Gov. Jerry Brown’s March 28 announcement of a deal that will make the Golden State the first to commit...
Lawsuit cites nooses in staff break room
By
Lois A. Bowers
Jan 24, 2016
A former worker at a Portland, OR, senior living community has filed a lawsuit claiming that her employment was wrongfully terminated in part because she complained after two nooses were found hanging...
HCR ManorCare says it will contest QCP’s receivership request
By
Lois A. Bowers
Aug 21, 2017
HCR ManorCare said it intends to “vigorously” contest the request that Quality Care Properties made to a California state court that an independent receiver be appointed to oversee ManorCare’s...
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
Sabra to exit Enlivant joint venture as portfolio takes $164.1 million hit in quarter
By
Lois A. Bowers
Aug 04, 2021
Sabra Health Care REIT plans to exit a joint venture with private equity firm TPG Real Estate through which it has a 49% stake in a portfolio of 158 Enlivant senior living communities, the Irvine, CA-based...
Retaining older workers is important, too, speaker says
By
Lois A. Bowers
May 15, 2018
Many employers are focused on attracting and retaining millennials when they also should be concerned about older workers leaving their organizations, Bruce Tulgan, author and founder of management training...
NHI, Welltower reach agreement; lawsuit could be over in April
By
Lois A. Bowers
Mar 07, 2022
National Health Investors expects to drop its lawsuit against Welltower in April after 16 Holiday Retirement communities are moved to new owners, the Murfreesboro, TN-based real estate investment trust...