Sagora Senior Living adds 17 communities across 5 states
By
Kathleen Steele Gaivin
Jun 03, 2024
Sagora Senior Living is expanding its multistate footprint with the addition of 17 communities in Alabama, Florida, Nebraska, Oklahoma and Texas.
Friendship, Richfield Living merge in Virginia
By
Kathleen Steele Gaivin
Oct 04, 2023
Two southwestern Virginia retirement communities merged this week in a new collaboration they believe will enhance their existing offerings and broaden their reach.
Sonida Senior Living looks to improve balance sheet, make investments with $47.7 million equity raise
By
Kathleen Steele Gaivin
Feb 07, 2024
A $47.7 million equity raise will help Sonida Senior Living improve its finances, invest in its communities and programming, and consider acquisitions, the Dallas-based owner-operator said Tuesday. The...
Muni bond defaults most likely to occur in senior living, skilled nursing, survey finds
By
Kathleen Steele Gaivin
Jan 09, 2024
Yields may have peaked in 2023 for municipal bonds, with defaults this year most likely to happen in senior living and skilled nursing, according to the results of a recent survey published by Hilltop...
Ignite boosts Texas presence via $12.7 million joint venture with LTC Properties
By
Kathleen Steele Gaivin
Apr 05, 2024
Ignite Medical Resorts will expand its footprint in Texas through a $12.7 million loan from Westlake Village, CA-based real estate investment trust LTC Properties that will enable the operator to purchase...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
Pennant Group’s senior living segment revenue tops $40M in first quarter
By
Kathleen Steele Gaivin
May 08, 2024
The Pennant Group delivered a strong first quarter and a great start to the year, CEO Brent Guerisoli told investors on Tuesday’s earnings call.
DHC results miss forecast, but senior housing portfolio continues to improve
By
Kathleen Steele Gaivin
May 08, 2024
Diversified Healthcare Trust saw “continued improvement” within its senior housing operating portfolio, or SHOP, during the first quarter, President and CEO Christopher Bilotto told analysts and investors...
Merger, acquisition activity lags across healthcare
By
Kathleen Steele Gaivin
Mar 05, 2024
Deal activity declined last year across nearly every segment of healthcare, according to newly released data from Irving Levin Associates
Senior living and care represented among EPA’s 2024 Energy Star winners
By
Kathleen Steele Gaivin
Mar 27, 2024
Several companies operating in, investing or operating in senior living and care are 2024 Energy Star winners, according to an announcement Tuesday by the Environmental Protection Agency. The winners will...