Interest in senior living and care investments remains strong: report
By
Kathleen Steele Gaivin
Feb 14, 2024
Interest in senior living community and nursing home investments remains strong as operators continue to rebound from pandemic-related losses, according to JLL’s seventh annual Seniors Housing and Care...
VIUM Capital exceeds its expectations, with $2.1 billion in transactions, marking record year
By
Kathleen Steele Gaivin
Jan 04, 2023
VIUM Capital closed 70 transactions totalling $2.1 billion in 2022, marking a record year for the young company.
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
SNF faces appeal in wrongful death suit, resident’s competency to sign arbitration agreement
By
Kathleen Steele Gaivin
Aug 10, 2021
The Pennsylvania Superior Court on Thursday vacated a lower court’s decision to send to arbitration a wrongful death claim against Timber Ridge Health Care Center.
Retired Americans returning to workforce amid rising wages, inflation
By
Kathleen Steele Gaivin
Jun 21, 2022
Retirees are returning to the workforce to reap higher wages and keep up with record inflation, according to an analysis released by Magnify Money earlier this month.
Resident advocates call for reforms after announced closing of assisted living community
By
Kathleen Steele Gaivin
Apr 28, 2022
The impending closure of a Beverly, MA, assisted living community highlights the need for additional regulations to protect assisted living residents, according to advocates for older adults in the state.
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...
Boutique dining service starts up in life plan communities segment
By
Kathleen Steele Gaivin
Aug 05, 2021
With financial backing from Elinor North America, start-up Culinesse is broadening its ambition to serve up culinary feasts in the life plan community segment of senior living.
Invesque sells $68.4 million in SNF properties in first quarter
By
Kathleen Steele Gaivin
May 13, 2024
Invesque sold $68.4 million in skilled nursing properties during the first quarter, the Fishers, IN-based healthcare real estate investment company announced Thursday in a quarterly earnings report. The...
2nd HQ, more communities signs of expansion ahead for Transforming Age, CEO says
By
Kathleen Steele Gaivin
Oct 17, 2022
A sign of things to come, Bellevue, WA-based Transforming Age is about to open a second headquarters in Omaha, NE, the company announced Thursday. President and CEO Torsten Hirche told the McKnight’s...