Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...
$100 billion should be added to Provider Relief Fund for coronavirus-related needs, industry groups say
By
Lois A. Bowers
Sep 29, 2020
Congress should pass another COVID-19 funding package, adding $100 billion to the U.S. Department of Health and Human Services’ Provider Relief Fund, maintain the American Health Care Association / National...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
People in the news, April 7
Apr 07, 2020
Appointments and promotions at AMDA – The Society for Post-Acute and Long-Term Care, Green Street Advisors, SCAN Health Plan, three, Touchdown, VIUM Capital and Watercrest Senior Living Group.
People in the news, March 24
Mar 24, 2020
Promotions and appointments at Aegis Living, Atlas Senior Living, Cadence Living and Landis Communities.
Invesque seeks to divest non-core assets, create efficiencies in 2020
By
Lois A. Bowers
Mar 13, 2020
Invesque plans to “opportunistically divest non-core assets and redeploy capital with our preferred partners” in 2020, Chairman and CEO Scott White said Thursday. The healthcare real estate company...
Sabra waits on Enlivant joint venture, puts acquisition pipeline at $1 billion
By
Lois A. Bowers
Feb 25, 2020
Sabra Health Care REIT will not pursue a new joint venture with senior living operator Enlivant for now, the real estate investment trust’s CEO and chairman, Rick Matros, said Monday.
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...