COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...
Operator restructurings continue to affect Omega’s operating performance: CEO
By
Kimberly Bonvissuto
Feb 09, 2024
Omega Healthcare Investors’ fourth-quarter 2023 operating performance continued to improve as occupancy moved past 80% in its core portfolio of senior living communities and nursing homes, but restructuring...
Manhattan assisted living high-rise project sees cost, height increases, Omega says
By
Lois A. Bowers
Aug 07, 2018
Costs associated with the Manhattan assisted living high-rise being built in conjunction with Maplewood Senior Living have increased $35 million to $285 million in part due to the purchase of air rights...
Omega: Occupancy recovery, government support key to senior living industry recovery
By
Kimberly Bonvissuto
May 05, 2021
The key to senior living industry recovery is a return to pre-pandemic occupancy levels, coupled with continued government support for operators, according to Taylor Pickett, CEO of Omega Healthcare Investors.
Meet Amy Silva-Magalhaes, Rising Star honoree
By
Danielle Brown
Jul 23, 2020
Amy Silva-Magalhaes, senior vice president of community operations for Maplewood Senior Living, Westport, CT, is in the 2020 class of the McKnight’s Women of Distinction as a Rising Star.
Omega Healthcare Investors commits to senior living investment
By
Kimberly Bonvissuto
Aug 04, 2021
With a franchise of “fantastic” operating partners, Omega Healthcare Investors CEO Taylor Pickett said Tuesday that he expects to see the company’s investment in senior living “climb over time.”
Aegis Living’s latest community is ‘setting new standards’ for ‘going green’
By
Kimberly Bonvissuto
Aug 09, 2022
The “world’s greenest” senior living community opened in Seattle on Monday, according to Bellevue, WA-based Aegis Living.
Maplewood Senior Living $2 million behind in rent, Omega Healthcare Investors says
By
Kimberly Bonvissuto
Aug 04, 2023
Second-quarter financial performance for Omega Healthcare Investors “exceeded our expectations,” as some restructured operators returned to paying rent and other operators paid additional unanticipated...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...