Invesque completes sale of 7 Illinois SNFs in ‘pivotal moment’ in company’s history
By
Kathleen Steele Gaivin
Jun 06, 2023
Invesque on Monday announced the sale of seven skilled nursing facilities in Illinois for $101.3 million. The sale closed on June 1.
Updated: Healthpeak Properties to merge with Physicians Realty Trust in $21 billion deal
By
Lois A. Bowers
Oct 30, 2023
Denver-based real estate investment trust Healthpeak Properties, with a portfolio that includes 15 continuing care retirement communities, will merge with Milwaukee-based Physicians Realty Trust in an...
CareTrust REIT’s second ESG report shows ‘sustainable development’
By
Kathleen Steele Gaivin
Oct 19, 2022
San Clemente, CA-based CareTrust REIT’s second annual environmental, social and governance report shows “progress in sustainable development through investments at our facilities,” President and...
About 20 percent of operators still face severe staffing shortages: NIC
By
Kathleen Steele Gaivin
Sep 26, 2022
Approximately one-fifth of senior living and skilled nursing operators responding to the latest Executive Survey Insights report by the National Investment Center for Seniors Housing & Care consider the...
Pennant starts leadership reorganization with search for CFO
By
Kimberly Bonvissuto
Nov 17, 2022
The Pennant Group announced a reorganization of its executive team on Tuesday, starting with a search for a new chief financial officer.
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
Brookdale continues to expand value-based care coordination program
By
Kimberly Bonvissuto
Aug 09, 2023
Brookdale Senior Living continues to see promising results in its HealthPlus value-based care coordination program, which the company expanded as expected in the second quarter, President and CEO Lucinda...
Distinctive Living expands operational footprint with acquisition of Validus Senior Living
By
Kathleen Steele Gaivin
May 10, 2024
Freehold, NJ-based operator and developer Distinctive Living finalized on April 1 the acquisition of Validus Senior Living Management, a Florida-based operator. Talk of the transaction began in 2023.