PointClickCare puts IPO on hold, closes $85 million round of financing
By
Lois A. Bowers
Feb 01, 2017
PointClickCare has put plans for an initial public offering on hold, instead closing an $85 million round of financing. The company said it plans to use the funds to accelerate its focus on delivering...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
Case for a makeover
By
Amy Novotney
Jun 01, 2015
It’s imperative to roll out an appeal for renovating in the right way, including starting with a master plan, and having a way to minimize disruption to residents while work is underway.
ASHA to induct 4 into Senior Living Hall of Fame for 2020
By
Lois A. Bowers
Jan 06, 2020
Juniper Communities founder and CEO Lynne Katzmann, Ph.D.; the late founders of Koelsch Communities, Emmett and Alice Koelsch; and ProMatura Group founder Margaret Wylde, Ph.D., will be inducted into the...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
The science of safety
By
John Andrews
Jun 01, 2014
Technology is enabling assisted living operators to keep residents secure without intruding on their independence and privacy.
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...
Ventas announces multipronged plan to ‘realize upside in senior housing’
By
Lois A. Bowers
Feb 21, 2020
Chicago-based real estate investment trust Ventas is counting on $600 million in senior living community sales, increased capital expenditures, a new executive vice president, changes for the executive...
Redesign of senior living forced by pandemic’s effects on residents
By
Kimberly Bonvissuto
Jun 14, 2023
A new resource guide aims to use lessons from the COVID-19 pandemic to help interior designers consider the health and well-being of residents in their senior living community projects.
Assisted living operators eligible for $10 million in COVID relief funds
By
Kimberly Bonvissuto
Sep 06, 2022
After being left out of multiple rounds of COVID-19 relief funding and “jealously” watching their skilled nursing counterparts have expenses reimbursed, Missouri’s assisted living and residential...