Appointments, promotions and other news at Benchmark Therapies, Cape Retirement Community, Centerline Healthcare Partners, Claiborne Senior Living, Charter Senior Living, Erickson Senior Living, Integral...
$3 million from NIC will help Milken Institute ‘develop bold new models’ for senior housing and care
By
Lois A. Bowers
Nov 07, 2023
Funding of $3 million from the National Investment Center for Seniors Housing & Care will establish a new effort at the Milken Institute to “develop bold new models of housing, healthcare and community...
Brookdale Senior Living prevails in shareholder lawsuit over staffing allegations
By
Kimberly Bonvissuto
Jan 25, 2024
A shareholder lawsuit against Brookdale Senior Living alleging misconduct by company officials in trying to meet financial targets cannot move forward following a federal judge’s ruling on Tuesday.
Occupancy, financial gains continue in Sabra Health Care REIT’s senior living portfolio
By
Lois A. Bowers
Feb 29, 2024
Quarterly occupancy in Sabra Health Care REIT’s portfolio of wholly owned managed senior living communities in the fourth quarter of 2023 reached its highest level since the second quarter of 2020, the...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Business briefs, April 13
By
Kathleen Steele Gaivin
Apr 13, 2023
Brightview’s Marilynn Duker to receive Lifetime Achievement Award … CCRC operator boasts women-led executive team… Industry submits comments on workforce violence initiative … Legislation would...
Private equity healthcare bankruptcies spiked in 2023, with more expected this year
By
Kathleen Steele Gaivin
Apr 18, 2024
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project.
NHC to acquire 15-property portfolio from White Oak Senior Living
By
Kathleen Steele Gaivin
Jun 05, 2024
National HealthCare Corp. plans to acquire Spartanburg, SC-based White Oak Senior Living’s 15-property portfolio of senior living and care communities in North Carolina and South Carolina, the Murfreesboro,...
Proposed overtime rule is ‘bad policy’ that senior living providers cannot absorb, groups say
By
Kimberly Bonvissuto
Nov 09, 2023
A new overtime rule proposed by the federal government would worsen workforce issues for senior living providers and create unintended consequences for workers and residents, according to industry advocacy...
HumanGood completes $35 million renovation project in southern California
By
Kathleen Steele Gaivin
Mar 14, 2024
Duarte, CA-based HumanGood has completed a $35 million renovation at The Gardens, an affordable senior housing community in Glendale, CA.