CareTrust REIT touts $260 million investment pipeline
By
Kathleen Steele Gaivin
May 06, 2024
San Clemente, CA-based CareTrust REIT began the year with strong investment activity, according to executives. The real estate investment trust completed investments of $118.8 million during the first...
Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...
Scott White to step down as Invesque CEO; will be succeeded by Adlai Chester
By
Kathleen Steele Gaivin
May 06, 2024
Scott White, chairman and CEO of Fishers, IN-based healthcare real estate company Invesque, will step down from the CEO role effective May 10, the company has announced. He will be succeeded by Chief Financial...
Walmart to shut down virtual care platform and health centers, as profits sputter
By
Adam Healy
May 03, 2024
Walmart disclosed it will pull the plug on its health and virtual care delivery products as a result of high operational costs.
Several HR-related legal challenges face senior living employers
By
Kimberly Bonvissuto
May 03, 2024
Human resources issues in senior living aren’t limited to paying competitive wages to recruit and retain employees; an organization’s leaders may need to reassess their management strategies to navigate...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...
It would be impossible to list all of the legislative wins Clif Porter II has achieved throughout his career.
Ensign Group has ‘remarkable momentum’ after record first quarter: CEO
By
Kathleen Steele Gaivin
May 03, 2024
“After another record quarter, we are excited about the remarkable momentum our teams have created across our entire portfolio and look forward to seeing that continue throughout the year,” Ensign...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...