Consider effects on employee retirement plans when planning mergers, acquisitions, expert says
By
Kathleen Steele Gaivin
Dec 01, 2023
Merger and acquisition activity in senior living and care has been flowing at a record pace throughout this year. But operators should not overlook the effects on employees’ retirement plans when making...
Diversified Healthcare Trust’s senior living portfolio sees month-over-month improvements
By
Kathleen Steele Gaivin
Oct 25, 2023
The performance of Diversified Healthcare Trust’s senior housing operating portfolio, or SHOP, improved slightly in September, despite the company’s uphill climb with a post-pandemic recovery. That’s...
Outlook appears rosier for senior housing investors, experts say
By
Kathleen Steele Gaivin
Apr 03, 2024
Healthcare investors, including senior housing ones, are apt to see an uptick in opportunities this year, according to several recent analyses.
Caryl and Scott Ridgeway acquire Milestone Retirement Communities
By
Kathleen Steele Gaivin
Oct 20, 2023
Milestone Retirement Communities CEO Caryl Ridgeway and her husband, Scott, are announcing that they recently assumed total ownership of the Vancouver, WA-based independent living, assisted living, memory...
Coventry Holdings of Minnesota opens 18th Suite Living Senior Care community
By
Kathleen Steele Gaivin
Nov 28, 2023
Coventry Holdings of Minnesota has opened its 18th Suite Living Senior Care community, in White Bear Lake, MN. The company has another six new communities slated to break ground later this year or next.
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...
Kendal-Crosslands Communities breaks ground on $56 million expansion, renovation
By
Kathleen Steele Gaivin
Feb 22, 2024
Kendal-Crosslands Communities broke ground Tuesday on a $56 million expansion and redevelopment project at one of its four communities, Kendal at Longwood, in Kennett Square, PA.
DOJ: Healthcare competition warrants ‘scrutiny and discussion’
By
Kathleen Steele Gaivin
Nov 02, 2023
The Department of Justice is keeping an eye on potentially anti-competitive deals in the healthcare industry.
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
Senior living occupancy recovery driven by ‘steadfast absorption,’ aging population: report
By
Kathleen Steele Gaivin
Mar 06, 2024
“Steadfast absorption sustains occupancy recovery” across memory care, assisted living and continuing care retirement communities, according to a new report from commercial real estate investment sales...