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...
Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
New Senior portfolio sees low COVID case count, positive trends for occupancy, move-ins
By
Lois A. Bowers
Aug 02, 2021
As its acquisition by Ventas looms, expected to close before the end of the year, New Senior Investment Group’s portfolio is experiencing low COVID-19 case counts and upward-trending occupancy.
Earnings call wrap-up: REITs take a look senior housing investments heading into third quarter
By
Kathleen Steele Gaivin
Aug 02, 2021
The senior housing real estate market for the most part is turning the corner on pandemic setbacks, according to second-quarter earnings reports on Friday.
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
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...
New Senior shareholder sues over $640 million acquisition of Holiday properties
By
Lois A. Bowers
Jun 19, 2017
A New Senior Investment Group shareholder has amended a lawsuit that alleges that members of the real estate investment trust’s board acted in their own self-interest when they acquired 28 independent...
Brookdale, Welltower top ASHA 50 lists, which see changes for 2021
By
Lois A. Bowers
Sep 24, 2021
The top three senior living operators and top three owners remained unchanged from 2020 as the American Seniors Housing Association released its ASHA 50 lists for 2021 on Wednesday. But the top 10 saw...
Independent living model serves New Senior well during global pandemic: CEO
By
Kimberly Bonvissuto
Nov 02, 2020
New Senior Investment Group’s independent living model and more flexible expense structure have served it well during the pandemic, according to CEO and President Susan Givens.
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...