As expected, New Senior Investment Group has announced its plan to internalize management beginning in January. The move follows income and occupancy challenges at the publicly traded real estate investment...
People in the news, Nov. 20
Nov 20, 2018
Appointments at The Legacy Senior Communities, SantaFe Senior Living, Senior Star, Solvere Living and Watercrest Senior Living Group.
Five Star considers selling communities to address financial woes
By
Lois A. Bowers
Nov 15, 2018
Five Star Senior Living may sell some of its senior living communities or repurpose units within communities to help solve financial issues that cast “substantial doubt on our ability to continue as...
LeadingAge Ziegler list adds 50, sees some changes at the top for 2018
By
Lois A. Bowers
Nov 14, 2018
The annual LeadingAge Ziegler list of the largest not-for-profit senior living providers grew by 50 organizations and saw some changes at the top for 2018.
California fire forces senior living community evacuations
By
Lois A. Bowers
Nov 09, 2018
Residents and staff of senior living communities in Paradise, CA, were evacuated Thursday as a wildfire swept through the northern part of the state. At least one resident remained missing, however.
Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
Senior living represents opportunities, REITs, CVS say during earnings calls
By
Lois A. Bowers
Nov 07, 2018
Skilled nursing presents challenges, but senior living offers opportunities, leaders at Senior Housing Properties Trust, Sabra Health Care REIT and CVS Health Corp. said Tuesday during their third-quarter...
New Senior ‘taking a hard look’ at underperforming assisted living / memory care communities, CEO...
By
Lois A. Bowers
Nov 02, 2018
New Senior Investment Group is “taking a hard look” at its assisted living / memory care communities, which are “weighing down” growth in overall portfolio net operating income and occupancy, CEO...
‘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...
Welltower planning more urban senior living communities, CEO says
By
Lois A. Bowers
Oct 31, 2018
Welltower has “a number of plans” to bring “next-generation” senior living communities to densely populated metropolitan areas with aging populations, CEO Tom DeRosa said Tuesday during the real...