After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
Maplewood Senior Living $2 million behind in rent, Omega Healthcare Investors says
By
Kimberly Bonvissuto
Aug 04, 2023
Second-quarter financial performance for Omega Healthcare Investors “exceeded our expectations,” as some restructured operators returned to paying rent and other operators paid additional unanticipated...
‘Inconsistent, unpredictable’ senior living recovery supports DHC merger plans
By
Kimberly Bonvissuto
Aug 03, 2023
The turnaround of Diversified Healthcare Trust’s senior housing operating portfolio has been “inconsistent” and “unpredictable,” further supporting plans for a proposed merger with a more diversified...
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
Merger remains ‘best path,’ DHC CEO says, as senior living properties struggle with pandemic recovery
By
Kimberly Bonvissuto
Jul 28, 2023
Diversified Healthcare Trust’s pending merger with Office Properties Income Trust remains the “best path” forward as DHC’s senior housing operating portfolio continues to struggle in its COVID-19...
New ‘joint employer’ rule coming next month: NLRB
By
Kimberly Bonvissuto
Jul 28, 2023
A new “joint employer” rule will be coming next month, according to the National Labor Relations Board’s agenda published Thursday to the Federal Register.
Workforce training expenses would be covered by college funding program under bipartisan legislation
By
Kimberly Bonvissuto
Jul 19, 2023
Bipartisan legislation expanding the use of 529 savings accounts to cover workforce training and credentialing program expenses is gaining support from the senior living industry.
The Freedom to Invest...
Assisted living accounts for plurality of acquisitions in second quarter
By
Kimberly Bonvissuto
Jul 18, 2023
Assisted living accounted for 42% of the publicly announced senior living and care acquisitions in the second quarter, according to newly released data from LevinPro LTC. The percentage was equal to the...
30 percent federal funding cut jeopardizes senior living workforce programs, provider group says
By
Kimberly Bonvissuto
Jul 17, 2023
A proposed funding cut of almost 30% for the Department of Labor could jeopardize senior living workforce training programs being launched in several states, according to Argentum.
Senior living operators optimistic about easing staffing challenges
By
Kimberly Bonvissuto
Jul 14, 2023
Staffing challenges appear to be easing, according to senior living operators responding to the latest National Investment for Seniors Housing & Care executive survey, the results of which were released...