Capital Senior Living reports 78.2 percent occupancy for May
By
Kathleen Steele Gaivin
Jun 23, 2021
Capital Senior Living reported May occupancy of 78.2%, an increase of 294 basis points (2.94%) from the pandemic low average monthly occupancy of 75.3% in February.
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Healthpeak Properties continues exit from senior housing with $249M in sales
By
Kathleen Steele Gaivin
Aug 05, 2021
As Healthpeak Properties continues to divest from the senior housing market except for continuing care retirement communities, the real estate investment trust closed on an additional $249 million in senior...
COVID blurs lines between sectors, holds lessons for operators: NIC panel
By
Kathleen Steele Gaivin
May 27, 2021
Some lines among skilled nursing facilities and assisted living, memory care and independent living communities have become blurred in the era of COVID-19, according to panelists at Wednesday’s Leadership...
Activist investor Land & Buildings responded Thursday to the supplemental proxy that National Health Investors published Tuesday.
Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...
LCS Development signs on with university retirement community website
By
Kathleen Steele Gaivin
Feb 09, 2024
LCS Development, a Life Care Services company, has signed on as a resource partner with UniversityRetirementCommunities.com.
Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...
Western states expect to see senior living real estate boom
By
Kathleen Steele Gaivin
May 25, 2021
Senior living starts took a hit during the pandemic year, but demographic patterns estimates show that real estate investments in the western states might be a good way to go in the next five years for...
Argentum apprenticeship program exceeds first-year expectations
By
Kathleen Steele Gaivin
Jul 02, 2021
Argentum’s apprenticeship program has passed the 1,200-participant goal in its first year of funding from a $6 million Department of Labor Employment and Training Administration Closing the Skills Gap...