Fitch Ratings upgrades Givens Estates’ IDR to ‘A-’ … Pennsylvania Department of Health reports 90 COVID-19-specific nursing home investigations in April … “Compassion, Community, Caring”...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Business Daily briefs for Wednesday, May 12
By
Kathleen Steele Gaivin
May 12, 2021
Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors...
Employment (CARE) Opportunity Act would invest $1B in direct care workforce
By
Kathleen Steele Gaivin
May 12, 2021
The Direct Creation, Advancement, and Retention of Employment (CARE) Opportunity Act would invest more than $1 billion over five years in training and increasing opportunities for the direct care workforce,...
Brookdale, Welltower top ASHA 50 lists, which see changes for 2021
By
Lois A. Bowers
Sep 24, 2021
The top three senior living operators and top three owners remained unchanged from 2020 as the American Seniors Housing Association released its ASHA 50 lists for 2021 on Wednesday. But the top 10 saw...
Newsweek, Statista recognize 250 CCRCs with release of first-ever rankings
By
Lois A. Bowers
Nov 29, 2023
Newsweek and global market research and consumer data firm Statista this morning are recognizing 250 US continuing care retirement / life plan communities via the announcement of their first-ever “America’s...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
United Church Homes Management adds 3 communities to portfolio
By
Lois A. Bowers
Sep 05, 2023
Marion, OH-based United Church Homes Management, a subsidiary of United Church Homes, has added almost 300 units to its management portfolio so far this year, the company said in an Aug. 29 update.
Actions & Transactions, Sept. 5
Sep 05, 2023
Pennant acquires Arizona-based Valor HospiceCare … HDG-managed Mira at Maumelle opening soon in Arkansas … Michigan provider buys neighboring former church for future plans … Experience Senior Living’s...
Long-term care sees 140 M&A deals in latest quarter, with assisted living accounting for plurality
Feb 27, 2024
Senior living and care saw 140 publicly announced mergers and acquisitions in the fourth quarter of 2023, and assisted living properties accounted for the plurality of them.