HCR ManorCare says it will contest QCP’s receivership request
By
Lois A. Bowers
Aug 21, 2017
HCR ManorCare said it intends to “vigorously” contest the request that Quality Care Properties made to a California state court that an independent receiver be appointed to oversee ManorCare’s...
Thursday is standard deadline for 2023 McKnight’s Women of Distinction entries
By
Lois A. Bowers
Jan 03, 2023
Thursday is the standard deadline for nominations to the 2023 McKnight’s Women of Distinction awards program.
Lawsuit cites nooses in staff break room
By
Lois A. Bowers
Jan 24, 2016
A former worker at a Portland, OR, senior living community has filed a lawsuit claiming that her employment was wrongfully terminated in part because she complained after two nooses were found hanging...
Mainstreet to acquire $425 million portfolio, change name to Invesque
By
Lois A. Bowers
Nov 20, 2017
Mainstreet Health Investments will acquire Care Investment Trust, which owns 42 U.S. seniors housing and care properties, for $425 million, the company announced Friday. The healthcare real estate company...
People in the news, Jan. 15
Jan 15, 2019
Appointments and promotions at Autumn Leaves, Avamere, Balfour Senior Living, Benchmark Senior Living, Charter Senior Living, Farmington Square Gresham, Harbour Pointe Senior Living, Integral Senior Living,...
People in the news, March 30
By
Lois A. Bowers
Mar 30, 2021
Appointments and promotions at American House Senior Living Communities, Anthem Memory Care, English Meadows Senior Living, Erickson Living, Friendly Senior Living, Frontier Management, Genesis Healthcare,...
Singapore company buys 50% stake in Watermark for $77 million
Aug 03, 2018
Singapore-based Keppel Corp. Ltd. is entering the senior living market by purchasing a 50% stake in Tucson, AZ-based Watermark Retirement Communities for up to $77.3 million, the company announced Thursday.
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
Kindred announces $4.1 billion sale to consortium including Humana, equity firms
By
Lois A. Bowers
Dec 19, 2017
Kindred Healthcare on Tuesday confirmed media reports of a sale that had been published just days earlier, announcing that its board had agreed to sell the company to a consortium of three companies —...
Omega to acquire MedEquities in $600 million deal
By
Lois A. Bowers
Jan 03, 2019
Omega Healthcare Investors will acquire MedEquities Realty Trust in a transaction valued at approximately $600 million, the real estate investment trusts announced Wednesday.