Ventas announces multipronged plan to ‘realize upside in senior housing’
By
Lois A. Bowers
Feb 21, 2020
Chicago-based real estate investment trust Ventas is counting on $600 million in senior living community sales, increased capital expenditures, a new executive vice president, changes for the executive...
May 25 hearing set in case of former Welltower executive going to HCP
By
Lois A. Bowers
May 16, 2017
A preliminary injunction hearing has been set for May 25 as real estate investment trust Welltower sues its former executive vice president and chief investment officer, Scott M. Brinker, alleging that...
Senior living groups oppose proposed overtime rule
By
Lois A. Bowers
Sep 08, 2015
Several organizations representing senior living providers have told the U.S. Department of Labor that they oppose a proposed rule that would extend Fair Labor Standards Act overtime protections to almost...
Ventas performs at high end of expectations in second quarter
By
Kimberly Bonvissuto
Aug 08, 2022
The business performance of Chicago-based real estate investment trust Ventas during the second quarter was at the high end of expectations, Ventas Chairman and CEO Debra Cafaro said Friday during a second-quarter...
Aegis Living gambles on uncommon perk to foster employee loyalty
By
Lois A. Bowers
Apr 03, 2017
Eight employees of Aegis Living are going to be especially happy Wednesday afternoon. That’s the day their Redmond, WA-based employer is announcing the winners of its Dream Big Lottery. Last year’s...
Kindred wrongful discharge lawsuit brought by former executive director hinges on medication-related...
By
Lois A. Bowers
Aug 03, 2018
Kindred Healthcare is headed back to court after the U.S. District Court for the District of Maine on July 27 rejected its request for a summary judgment in a wrongful discharge lawsuit filed by a former...
HCP outlines plan to reposition senior housing portfolio
By
Lois A. Bowers
Mar 07, 2019
Executives at HCP are not alone in an assessment they shared Wednesday, that they expect senior living supply and demand to be mismatched “in the wrong direction” until 2020 or 2021. They shared their...
Dining, activities among keys to success, Five Star says
By
Lois A. Bowers
Jun 12, 2016
New approaches to food, activities and revenue management will be keys to success for Five Star communities in 2016 and beyond, company executives told those attending the Jefferies 2016 Healthcare Conference...
Shareholders vote in favor of Capital’s amended investment agreement Conversant
By
Kathleen Steele Gaivin
Oct 25, 2021
Dallas-based Capital Senior Living appears to have received enough votes to follow through with a plan to raise up to $154.8 million through the private placement of convertible preferred stock to affiliates...
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...