Independent living remains big draw for New Senior
By
Lois A. Bowers
Nov 03, 2016
Independent living remains a very attractive subsegment of senior living for New Senior Investment Group, for several reasons, executives with the publicly traded real estate investment trust said during...
Occupancy declines at Holiday continue to affect New Senior
By
Lois A. Bowers
Aug 03, 2017
Holiday Retirement’s operating model transition, which saw community oversight change from live-in managers to more traditional executive directors over the past year, continued to affect occupancy...
Effects of Holiday management transition lingered in third quarter, New Senior says
By
Lois A. Bowers
Nov 07, 2017
Holiday Retirement’s operating model change from live-in property managers to more traditional executive directors continued to affect occupancy in New Senior Investment Group’s independent...
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...
Labor costs causing more concern: New Senior executives
By
Elizabeth Newman
Aug 05, 2019
Competition for assisted living workers, and the rising costs of paying for them, are dragging on assisted living operators’ balance sheets, New Senior Investment Group Inc. executives told shareholders...
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...
New Senior moving 51 Holiday properties from leased to managed portfolio
By
Lois A. Bowers
May 11, 2018
New Senior Investment Group is moving a group of 51 Holiday Retirement communities that have “lagged expectations” from its triple-net lease portfolio to its portfolio of managed properties...
New Senior to move 21 communities from Holiday to Atria to diversify portfolio
By
Lois A. Bowers
Feb 26, 2021
New Senior Investment Group will transition the management of 21 senior living communities in its 103-community portfolio from Holiday Retirement to Atria Senior Living in an effort to diversify the operator...
New Senior Investment Group opts to go it alone
By
John O'Connor
Nov 21, 2018
As expected, New Senior Investment Group has announced its plan to internalize management beginning in January. The move follows income and occupancy challenges at the publicly traded real estate investment...