Ventas CEO Ventas Chairman and CEO Debra Cafaro on Tuesday challenged allegations made a day earlier by Land & Buildings Investment Management as the activist shareholder called into question the Chicago-based...
Caryl and Scott Ridgeway acquire Milestone Retirement Communities
By
Kathleen Steele Gaivin
Oct 20, 2023
Milestone Retirement Communities CEO Caryl Ridgeway and her husband, Scott, are announcing that they recently assumed total ownership of the Vancouver, WA-based independent living, assisted living, memory...
Omega 2Q financials ‘exceeded expectations,’ CEO says
By
Kathleen Steele Gaivin
Aug 04, 2023
Hunt Valley, MD-based Omega Healthcare Investors’ revenue for the second quarter was $250 million compared with $245 million for the same quarter a year ago, Chief Financial Officer Robert O. Stephenson...
Coventry Holdings of Minnesota opens 18th Suite Living Senior Care community
By
Kathleen Steele Gaivin
Nov 28, 2023
Coventry Holdings of Minnesota has opened its 18th Suite Living Senior Care community, in White Bear Lake, MN. The company has another six new communities slated to break ground later this year or next.
DOJ: Healthcare competition warrants ‘scrutiny and discussion’
By
Kathleen Steele Gaivin
Nov 02, 2023
The Department of Justice is keeping an eye on potentially anti-competitive deals in the healthcare industry.
Kendal-Crosslands Communities breaks ground on $56 million expansion, renovation
By
Kathleen Steele Gaivin
Feb 22, 2024
Kendal-Crosslands Communities broke ground Tuesday on a $56 million expansion and redevelopment project at one of its four communities, Kendal at Longwood, in Kennett Square, PA.
Private-sector employment up 324,000 jobs
By
Kathleen Steele Gaivin
Aug 03, 2023
Private-sector employment increased by 324,000 jobs in July, according to the July ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with the Stanford...
Interest rates expected to ease, putting public equity investors in ‘very positive mood’
By
Kathleen Steele Gaivin
Apr 14, 2023
The Federal Reserve is likely to ease interest rate increases starting in the next session or two, KPMG’s Ash Shehata and KPMG’s Global & US Private Equity Leader Glenn Mincey said Thursday during...
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.