Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
New Senior completes $640M acquisition
By
Lois A. Bowers
Aug 19, 2015
New Senior Investment Group has completed its previously announced $640 million acquisition of 28 independent living properties from affiliates of Holiday Retirement, the real estate investment trust announced.
‘Painful’ Brookdale property transitions, sales help make HCP ‘unrecognizable’ from 2 years ago,...
By
Lois A. Bowers
Nov 01, 2018
Greatly reducing the concentration of Brookdale Senior Living properties in its portfolio has been part of a “whirlwind of activity” that has led to HCP being “very unrecognizable from the HCP of...
LeadingAge Ziegler 150 has new #1 for 2015
By
Lois A. Bowers
Sep 04, 2015
A new system tops the LZ 150 list of the country’s largest not-for-profit multi-site senior living organizations for the first time in the list’s history.
Health systems increasingly seeing value of senior living, Welltower says
By
Lois A. Bowers
Feb 22, 2017
Hospitals increasingly are seeing senior living communities as part of a solution to lowering their risk associated with older adults, Welltower CEO Tom DeRosa told analysts participating in an earnings...
Vaccine mandates not scaring workers away, Sabra CEO says
By
Lois A. Bowers
Nov 05, 2021
Labor issues are slowing the senior living and care industry’s recovery from the coronavirus pandemic, but operators should not spend much time worrying that they will lose workers if they implement...
New Senior to sell LCS, Holiday properties for $296 million
By
Lois A. Bowers
Oct 06, 2017
New Senior Investment Group will decrease its skilled nursing exposure and increase its independent living exposure before the end of the year when it completes the sale of $296 million in Life Care Services...
Ventas to acquire New Senior Investment Group in $2.3 billion transaction
By
Lois A. Bowers
Jun 28, 2021
Real estate investment trusts Ventas and New Senior Investment Group will merge in an all-stock transaction valued at $2.3 billion, including $1.5 billion of New Senior debt, the companies announced Monday...
President proposes changes at Health and Labor departments
By
Lois A. Bowers
Jun 22, 2018
Renaming the Department of Health and Human Services and combining the departments of Labor and Education are two of the many proposals in a government reform plan released Thursday by President Donald...
Good news, bad news on affordable housing front
By
Lois A. Bowers
Jun 22, 2016
There’s bad news and good news concerning affordable housing in the United States, according to speakers at a Wednesday press conference at which the Harvard Joint Center for Housing Studies released...