Keswick plans multi-year, $65 million project to move to household model, add assisted living memory...
By
Kathleen Steele Gaivin
Nov 10, 2023
A multi-year, $65 million capital project will transform the residential areas of Keswick’s long-term care campus to the “household” model and expand services to include assisted living memory care,...
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
Private letter ruling gives Welltower added flexibility in managing independent living units
By
Kathleen Steele Gaivin
Nov 28, 2022
A private letter ruling by the Internal Revenue Service will provide Toledo, OH-based Welltower with “significant flexibility” in operating its approximately 45,000 independent living units, the real...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Occupancy, revenue trend upward in Q3 for HTI
By
Kathleen Steele Gaivin
Dec 08, 2023
Occupancy in the Healthcare Trust Inc.’s senior housing operating portfolio, or SHOP, segment of its portfolio grew by 0.8% to 74.1% in the third quarter compared with the prior quarter, CEO Michael...
New Eskaton report blames SNFs for $28 million net loss in 2022
By
Kathleen Steele Gaivin
Jun 01, 2023
Eskaton ended 2022 with a $28 million net loss, and its skilled nursing properties largely are responsible, according to an independently audited financial report dated May 16.
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Fitch Ratings lowers REIT sector outlook to ‘deteriorating’
By
Kathleen Steele Gaivin
Jun 07, 2023
Factors such as tightening of commercial real estate lending conditions, higher interest rates and macroeconomic headwinds led Fitch Ratings to reduce its 2023 outlook for the real estate investment trust...
Perkins Eastman is newest resource partner for university retirement community website
By
Kathleen Steele Gaivin
Apr 18, 2024
Perkins Eastman has signed on as a resource partner with UniversityRetirementCommunities.com.
Proposed rule includes notification requirement for tenants prior to eviction from HUD-assisted residences
By
Kathleen Steele Gaivin
Dec 06, 2023
The Department of Housing and Urban Development recently issued a proposed rule that would require 30-day notifications to evict tenants from HUD-assisted residences for defaulting on their rent.