Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
Older workers’ shift in priorities a benefit to employers
By
Kathleen Steele Gaivin
Aug 22, 2024
By the time workers reach around age 60, their priorities often shift, with factors like engaging work and increased autonomy becoming top considerations, according to research from Bain & Company.
Sonida Senior Living to expand footprint via $103 million purchase of 8-community portfolio
By
Kathleen Steele Gaivin
Aug 19, 2024
Sonida Senior Living will acquire eight senior living communities in the Southeast in a $103 million transaction, the Dallas-based owner-operator announced Thursday. The news follows the company’s previous...
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...
Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...
Invesque aims to ‘right-size leverage’ through sales
By
Kathleen Steele Gaivin
Aug 09, 2024
Invesque’s activity in the second quarter included selling properties and restructuring debt. The sales are in keeping with the Fishers, IN-based healthcare real estate investment company’s previously...
Senior living and care represented among Inc. 5000 fastest-growing private companies
By
Kathleen Steele Gaivin
Aug 14, 2024
Numerous senior living and care-related companies made the 2024 Inc. 5000 list of America’s fastest-growing private companies, released Tuesday.
National Health Investors, Pennant Group share second-quarter earnings results
By
Kathleen Steele Gaivin
Aug 08, 2024
National Health Investors and The Pennant Group reported second-quarter earnings results on Wednesday earnings calls.