Independent living remains big draw for New Senior
By
Lois A. Bowers
Nov 03, 2016
Independent living remains a very attractive subsegment of senior living for New Senior Investment Group, for several reasons, executives with the publicly traded real estate investment trust said during...
New sales and cost-reduction initiatives should help future performance, Capital says
By
Lois A. Bowers
May 03, 2018
Capital Senior Living saw occupancy dip in the first quarter, but new sales and marketing initiatives, as well as efforts to reduce costs through the centralization of several operating functions, should...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Land & Buildings makes case for its Brookdale board nominee
By
Lois A. Bowers
Sep 20, 2019
Land & Buildings founder and Chief Investment Officer Jonathan Litt on Thursday expanded on the reasons he withdrew as a candidate for the Brookdale Senior Living Board of Directors and also took the opportunity...
Sabra has $1 billion acquisition pipeline, but don’t expect big news soon
By
Lois A. Bowers
Nov 03, 2017
Sabra Health Care REIT has a $1 billion acquisition pipeline, CEO Rick Matros told participants in a third-quarter earnings call on Thursday. But don’t expect any big announcements from the real...
HCP continues to shed Brookdale communities from portfolio
By
Lois A. Bowers
Feb 14, 2018
Real estate investment trust HCP is selling six Brookdale Senior Living properties to Brookdale and selling or transitioning 68 other Brookdale properties to other operators, REIT executives said Tuesday...
$1.125 billion deal won’t change Trilogy Health Services, CEO says
By
Lois A. Bowers
Sep 15, 2015
Trilogy will continue to focus on developing CCRCs in the Midwest as it is acquired in a $1.125 billion joint venture with Griffin-American Healthcare REIT III and NorthStar Healthcare Income, Trilogy...
$1.4 billion PharMerica acquisition by KKR complete; growth in assisted living arena expected
By
Lois A. Bowers
Dec 08, 2017
The $1.4 billion acquisition of PharMerica Corp. by a newly formed company controlled by global investment firm KKR has been completed ahead of schedule. The company previously had announced its intention...
Erickson unveils new name, logo as part of $3 billion expansion strategy
By
Lois A. Bowers
Apr 28, 2021
Erickson Living is changing its name to Erickson Senior Living and rolling out a new logo as part of a strategy that will see almost $3 billion in development and construction over the next five years....
Medicaid block grant proposal ‘must be carefully evaluated,’ provider group says
By
Lois A. Bowers
Sep 19, 2019
A plan that would make Tennessee the first state to receive its Medicaid funding via a block grant “must be carefully evaluated,” the executive director of the Tennessee Health Care Association...