Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
Atria credits 98 percent employee COVID vaccination rate in part to mandate as operators take various...
By
Kimberly Bonvissuto
Lois A. Bowers
May 07, 2021
Atria Senior Living announced a 98% COVID-19 vaccination rate among its almost 10,000 staff members on Thursday, crediting an employee mandate, on-site clinics and its Sleeve-Up initiative. The announcement...
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
Brookdale sees 2.8 percent occupancy decline, but move-ins and online inquiries are up
By
Lois A. Bowers
Nov 06, 2020
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence...
Balancing safety, quality of life in the COVID-19 era
By
Lois A. Bowers
Jun 01, 2020
Pavlo Kononenko doesn’t think his company’s approach to battling the effects of COVID-19 is unique, but what he described in a recent blog certainly is different from media reports that portray senior...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Senior living communities in Washington, Maryland take precautions after positive COVID-19 test results
By
Lois A. Bowers
Mar 09, 2020
Senior living communities in Washington state and Maryland are taking steps to prevent an outbreak after people living in or visiting their communities tested positive for coronavirus disease 2019 (COVID-19)....
Reasons for hope as a new week begins
By
Lois A. Bowers
Sep 13, 2021
We start the week with reasons to hope despite the pandemic.
Capital Senior Living: COVID-19 effects ‘raise substantial doubt’ about future
By
Lois A. Bowers
May 21, 2020
COVID-19’s negative effects on occupancy, revenues and expenses “raise substantial doubt about the company’s ability to continue as a going concern,” Capital Senior Living said Thursday in a press...
PPE hoarding, price gouging now a crime, attorney general says; CEO cites ‘misplaced hierarchy’...
By
Lois A. Bowers
Mar 27, 2020
It is now a crime to hoard or price-gouge personal protective equipment, drugs and certain other health and medical resources that are scarce or threatened and needed to respond to the COVID-19 pandemic,...