Welltower launches private placement of $750 million in exchangeable senior notes
By
Kathleen Steele Gaivin
Jul 09, 2024
Welltower’s operating company, Welltower OP, has launched an offering of $750 million aggregate principal amount of exchangeable senior notes in a private placement, the real estate investment company...
Sunrise Senior Living in ‘significant growth mode,’ adds 13 communities
By
Kathleen Steele Gaivin
Jul 10, 2024
Sunrise Senior Living has assumed the operation of 13 communities and expected to assume the operation of more communities in the third quarter, the McLean, VA-based company announced Monday.
Sophisticated resident palates inspire senior living community to curate award-winning wine list
By
Kimberly Bonvissuto
Jul 15, 2024
A bistro located inside an Arizona continuing care retirement / life plan community has become the first such entity to earn a Wine Spectator Award of Excellence for its extensive wine list.
Brookdale Senior Living announces board nominations, passes on activist shareholder picks
By
Lois A. Bowers
Aug 29, 2019
Brentwood, TN-based Brookdale Senior Living announced Wednesday the two nominees that members of its Board of Directors unanimously have proposed to succeed two board members who are stepping down. In...
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Brookdale braces for challenges for rest of year
By
Lois A. Bowers
May 09, 2017
Brookdale Senior Living executives said Tuesday that they expect the rest of 2017 to be “challenging” but that they are pleased with the progress they are making on improving the company’s...
Senior living providers need strategic AI plans ‘as soon as possible,’ expert says
By
Lois A. Bowers
Jul 15, 2024
Artificial intelligence increasingly is being used by senior living operators and the companies that serve them, and those operators that haven’t implemented it risk being less efficient than their competitors...
Cafaro, Lynch among top paid execs at S&P 500 companies: study
By
Kathleen Steele Gaivin
Jun 20, 2024
Debra Cafaro, chairman and CEO of Ventas, and Karen Lynch, president and CEO of long-term care pharmacy Omnicare parent CVS Health, are among American’s top paid executives, according to an Equilar /...
Senior living providers embrace role in CMS dementia care pilot program
By
Kimberly Bonvissuto
Jul 11, 2024
Senior living providers named participants in the federal government’s new dementia care pilot program said they are excited to be part of a new effort to support people living with dementia and their...
NorthStar, Colony to merge into $58 billion REIT
By
Lois A. Bowers
Jun 05, 2016
Commercial real estate company NorthStar Realty Finance Corp. will merge with its current external manager, NorthStar Asset Management Group, and private equity firm Colony Capital to become Colony NorthStar,...