Appointments, promotions and other news involving the Benchmark, Civitas Senior Living, Discovery Senior Living, Edgehill, Family CareSpace, Friendship, Golden LivingCenters, LeadingAge Ohio, Legacy Senior...
Labor costs causing more concern: New Senior executives
By
Elizabeth Newman
Aug 05, 2019
Competition for assisted living workers, and the rising costs of paying for them, are dragging on assisted living operators’ balance sheets, New Senior Investment Group Inc. executives told shareholders...
New Senior puts half of assisted living / memory care portfolio under the microscope
By
Lois A. Bowers
May 06, 2019
New Senior Investment Group is scrutinizing 50% of the assisted living / memory care communities in its portfolio in an effort to improve the quality and performance of the portfolio, CEO Susan Givens...
New Senior Investment Group could receive $53 million in lawsuit settlement
By
Lois A. Bowers
Apr 25, 2019
New Senior Investment Group could receive $53 million under a settlement to resolve a lawsuit over its public offering and acquisition of a 28-property senior living portfolio from Holiday Acquisition...
New Senior hopes selling, transitioning communities will improve performance
By
Lois A. Bowers
Feb 25, 2019
With the almost year-long process of bringing management in-house complete as of Jan. 1, New Senior Investment Group is making changes to its portfolio in an effort to improve finances, executives said...
People in the news, Jan. 2
Jan 02, 2019
Appointments, promotions and departures at the Arbor Co., Atlas Senior Living, Brookdale Senior Living, Charter Senior Living, Green Courte Partners / True Connection Communities, Juniper Communities,...
New Senior Investment Group opts to go it alone
By
John O'Connor
Nov 21, 2018
As expected, New Senior Investment Group has announced its plan to internalize management beginning in January. The move follows income and occupancy challenges at the publicly traded real estate investment...
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
New Senior moving 51 Holiday properties from leased to managed portfolio
By
Lois A. Bowers
May 11, 2018
New Senior Investment Group is moving a group of 51 Holiday Retirement communities that have “lagged expectations” from its triple-net lease portfolio to its portfolio of managed properties...
New Senior Investment Group explores ‘strategic alternatives’
By
Lois A. Bowers
Feb 26, 2018
Citing “negative pressures” related to supply and increased competition, New Senior Investment Group CEO Susan Givens said Friday that the real estate investment trust is considering various...