New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
Construction, renovation plans outweigh buying, selling in 2017: survey
By
Lois A. Bowers
Feb 14, 2017
Senior living construction and renovation projects, especially in assisted living and memory care, are on the rise, whereas efforts to buy or sell existing properties have waned, according to the findings...
New administration means ‘uncertainty’ for businesses, Ventas CEO says
By
Lois A. Bowers
Feb 12, 2017
Changes in the federal government in the new year have brought with them “a period of significant macro volatility and uncertainty” for businesses, Ventas Chairwoman and CEO Debra Cafaro told...
Inventory, asking rent growth bright spots of fourth quarter: NIC
By
Lois A. Bowers
Jan 09, 2017
Fourth-quarter data released Monday by the National Investment Center for Seniors Housing & Care’s MAP Data Service reveals upward and downward trends in occupancy, absorption, inventory, construction...
2 Five Star shareholders urge peers to reject tender offer
By
Lois A. Bowers
Nov 07, 2016
Two Five Star Quality Care shareholders on Monday urged their fellow shareholders to reject a $3-per-share tender offer set to expire at midnight Friday, saying it is “grossly undervalued, fraught...
Labor issues a concern for LTC portfolio operators
By
Lois A. Bowers
Nov 06, 2016
Senior living operators represented in LTC Properties’ portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT’s...
NIC: Demand for independent living strong in third quarter
By
Lois A. Bowers
Oct 05, 2016
Independent living experienced much activity over the past three months, for now quelling the fears of potential short-term trouble that had arisen after the second quarter for the property type.
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
Enlivant deals to increase portfolio size by 40%
By
Lois A. Bowers
Sep 15, 2016
Enlivant will increase the size of its portfolio by 40% when it finalizes the acquisitions of 48 senior living communities from multiple unidentified sellers, the company announced Thursday.