A new middle-market senior living brand, Truewood by Merrill, has been launched by Merrill Gardens and is gradually rolling out to 23 communities in 13 of the 20 states in which the company operates.
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...
‘No longer doubt’ about Five Star’s future as company reports first quarterly profit since 2013,...
By
Lois A. Bowers
Aug 08, 2019
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said...
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...
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”
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...
Patricia Will to receive 2022 McKnight’s Women of Distinction Lifetime Achievement Award
By
Lois A. Bowers
Apr 13, 2022
Patricia G. Will, founder and CEO of Belmont Village Senior Living, has been chosen as this year’s Lifetime Achievement Award winner in the McKnight’s Women of Distinction program.
CVS still ‘bullish’ on assisted living, despite Omnicare performance
By
Lois A. Bowers
Feb 21, 2019
CVS remains “very bullish” on assisted living despite the fact that its Omnicare long-term care pharmacy business is not performing as well as had been expected, executives said Wednesday.