Updated: 89 Holiday by Atria communities moving to 6 new operators, Welltower says
By
Lois A. Bowers
Jun 03, 2024
Eighty-nine Holiday by Atria communities that are part of the portfolio of Toledo, OH-based real estate investment trust Welltower are transitioning to six other operators, the REIT announced Monday in...
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
Discovery Senior Living launches customized leadership program to elevate skills of middle management
By
Kimberly Bonvissuto
Jun 03, 2024
In an effort to elevate the skills of its leaders, Bonita Springs, FL-based Discovery Senior Living has launched a new leadership development program.
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
Sagora Senior Living adds 17 communities across 5 states
By
Kathleen Steele Gaivin
Jun 03, 2024
Sagora Senior Living is expanding its multistate footprint with the addition of 17 communities in Alabama, Florida, Nebraska, Oklahoma and Texas.
Avendelle Assisted Living looks to expand through franchising
By
Kathleen Steele Gaivin
Jun 03, 2024
Raleigh, NC-based Avendelle Assisted Living plans to expand its footprint through franchising with partners in all states, as well as international territories.
Charter Senior Living adds 13 former Cedarhurst communities to portfolio
By
Kathleen Steele Gaivin
May 30, 2024
Naperville, IL-based Charter Senior Living has assumed management of 13 communities in Illinois and Wisconsin.
Analysis: Government’s planned pay hike insufficient for staffing mandate
By
Kimberly Marselas
May 28, 2024
A proposed pay increase for nursing home operators may be one of the best in recent memory, but it won’t adequately prepare the sector for implementation of the federal staffing mandate, one of the sector’s...
Series on long-term care affordability, staffing, equity a ‘wake-up call,’ industry advocate says
By
Kimberly Bonvissuto
May 28, 2024
A special report published last week by CNHI News and the Associated Press that focused on several “issues and complications” in assisted living and other forms of long-term care is a “wake-up call...
Senior living market ripe for development, experts say
By
Kimberly Bonvissuto
May 24, 2024
The senior living landscape is ripe for development thanks to market fundamentals, extended construction timelines and growing occupancy, according to experts with the National Investment Center for Seniors...