COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Five Star agreement is ‘best possible solution’ to financial issues, SNH says
By
Lois A. Bowers
Apr 03, 2019
A new agreement between Five Star Senior Living and Senior Housing Properties Trust (SNH) that converts 261 communities from triple-net leases to a RIDEA structure and gives the real estate investment...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Changes open COVID vaccination to independent living, affordable senior housing residents
By
Lois A. Bowers
Jan 13, 2021
In a move that should open COVID-19 vaccination to independent living and affordable senior housing residents across the country, officials with the federal vaccine development, manufacturing and distribution...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
NIC acquires VisionLTC to form new data analytics company
By
Lois A. Bowers
Mar 11, 2021
The National Investment Center for Seniors Housing & Care has acquired senior living industry market analytics platform VisionLTC, and together they have formed a new company called NIC MAP Vision that...
Asking the tough questions about senior living’s enduring challenge
By
Lois A. Bowers
Jan 25, 2021
When the COVID-19 pandemic finally ends, senior living operators will be able to exhale and look back to gather lessons related to workforce challenges. Some industry-wide insights that might be helpful...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.