Chicago Methodist, Bickford earn Gold in McKnight’s Technology Awards
By
Lois A. Bowers
Oct 04, 2018
Communities that use a virtual reality staff training program and a unified nurse call and wander management system are the Gold winners of the Innovator of the Year and Safety categories, respectively,...
Program aims to address senior loneliness one ride at a time
By
Lois A. Bowers
Sep 18, 2018
A program that aims to reduce older adults’ feelings of isolation in a fun way officially gets underway in Louisville, KY, today thanks in part to a senior living community there.
People in the news, Sept. 11
Sep 11, 2018
Retirements, promotions and appointments at Arrow Senior Living Management, Blake Management Group, Chancellor Health Care, Civitas Senior Living, Genacross, Graceworks Lutheran Services, Integral Senior...
Assisted living occupancy down, but so is construction, and rents are up: report
By
Lois A. Bowers
Sep 10, 2018
Occupancy in assisted living will continue to trend downward this year, but the good news for operators is that the construction that contributed to occupancy woes will decrease, and average rents will...
CNL Healthcare Properties II considers strategic alternatives, including sale
By
Lois A. Bowers
Sep 10, 2018
CNL Healthcare Properties II has formed a special committee to consider selling the company and other strategic alternatives, the non-traded real estate investment trust said Thursday in a filing with...
Operations, profitability remain stable for CCRCs, Fitch says
By
Lois A. Bowers
Sep 06, 2018
Operations and profitability remain stable for U.S. continuing care retirement communities, according to a newly released report from Fitch Ratings. Ratings pressure could be on the way, however.
City settles with Justice Department, will pay $410,000 for not approving affordable housing development
By
Lois A. Bowers
Aug 27, 2018
The Village of Tinley Park, IL, will pay $410,000 to settle a lawsuit alleging that it violated the Fair Housing Act when it refused to approve an affordable housing development in response to race-based...
Independent living is strongest performer over past four years
By
Lois A. Bowers
Aug 23, 2018
Independent living has been the strongest-performing senior housing segment overall in the primary markets since the most recent market cycle peak that was reached in the fourth quarter of 2014. That’s...
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...