Merger with OPI still ‘best path’ for DHC, top exec says
By
Kathleen Steele Gaivin
Jul 28, 2023
A proposed merger with Office Properties Income Trust is the “best path for long-term value preservation” for Newton, MA-based Diversified Healthcare Trust, DHC’s President and CEO Jennifer Francis...
Remote, hybrid work schedules hurting long-term care recovery, experts say
By
Kathleen Steele Gaivin
Jul 17, 2023
The move toward remote and hybrid work during the pandemic is hurting the long-term care industry and continues to slow recovery, the Wall Street Journal reported.
Business briefs, July 10
Jul 10, 2023
Senior housing construction level lowest since 2014 … Federal quality measures could burden assisted living providers, industry advocates say … Postponed EEO-1 reports deadline may irritate employers...
DHC, OPI merger ‘best alternative’ to resolving maturing debt, CEO says
By
Kathleen Steele Gaivin
Jun 27, 2023
Diversified Healthcare Trust has not been in compliance with its debt incurrence covenant for more than two years, the Newton, MA-based real estate investment trust disclosed Monday.
People in the news, June 20
By
Foster Stubbs
Jun 20, 2023
Appointments and promotions at Commonwealth Senior Living, Erickson Senior Living, Kendal Corp., National Church Residences, SenCare Management, Silverado, The Springs Living, Trilogy Health Services,...
People in the news, June 13
Jun 13, 2023
Appointments, promotions and other news at Anthem Memory Care, Ascension Living, CJE Senior Life, Erickson Senior Living, Grow Your Occupancy, Kendal Corp., the National Investment Center for Seniors Housing...
SNF valuations high despite headwinds, expert says
By
Kathleen Steele Gaivin
May 25, 2023
Despite “a tumultuous couple of years,” skilled nursing valuations are high, and acceleration is expected, Evans Senior Investments Director Kris Lowes said Wednesday.
Invesque continues paring skilled nursing from its portfolio
By
Kimberly Bonvissuto
May 12, 2023
Before the end of the second quarter, Invesque should have only nine skilled nursing facilities left in its portfolio, as the Fishers, IN-based healthcare real estate company continues to change its focus...
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...