Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Passed bill allows assistive devices in assisted living
By
Lois A. Bowers
Mar 12, 2020
A bill that supporters say will modernize regulations for assisted living communities in Florida is on its way to Gov. Ron DeSantis after being passed unanimously by the state Senate and House.
Potential pitfalls face pivoting providers
By
Lois A. Bowers
Feb 07, 2023
Robert G. Kramer, founder of aging services think tank Nexus Insights and co-founder, former president and CEO and current senior adviser to the National Investment Center for Seniors Housing & Care, recently...
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Caregiver death results in $75,000 fine for assisted living facility
By
Lois A. Bowers
May 02, 2016
An Alaska assisted living facility has been fined $75,000 and cited in connection with a caregiver murder for which a resident has been charged.
Changes open COVID vaccination to independent living, affordable senior housing residents
By
Lois A. Bowers
Jan 13, 2021
In a move that should open COVID-19 vaccination to independent living and affordable senior housing residents across the country, officials with the federal vaccine development, manufacturing and distribution...
Man impersonated worker, smothered senior living resident, killed someone else, police allege
By
Lois A. Bowers
Mar 28, 2018
Several police departments in Texas plan to comb through hundreds of old cases involving the unattended or unexplained deaths of older adults to determine whether a healthcare worker charged with an attack...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...