Legislators look to ‘tap the breaks’ on private equity investments in healthcare, expert says
By
Kathleen Steele Gaivin
Jun 21, 2023
Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic...
Incorporating sustainability into business succession planning a growing trend, experts say
By
Kathleen Steele Gaivin
Nov 09, 2023
The idea of succession planning has been gaining momentum among businesses, but the idea of incorporating sustainability into those plans is a new and growing trend, according to an article from the experts...
AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.
People in the news, May 14
May 14, 2024
Appointments, promotions and other news at the American Health Care Association/National Center for Assisted Living, Benchmark Senior Living, Emerald Communities, Leopardo, Lifespace Communities, Ohio...
Invesque continues to sell SNFs in shift to private-pay senior living
By
Kathleen Steele Gaivin
Mar 18, 2024
Invesque continues to sell the skilled nursing facilities in its portfolio to focus predominantly on private-pay senior living, the Fishers, IN-based healthcare real estate company reported in a full-year...
IRA Capital launches $500M fund with a focus on senior housing
By
Kathleen Steele Gaivin
Aug 16, 2023
IRA Capital has launched a $500 million closed-end real estate fund focused on senior housing and medical properties acquisitions across the United States, the company announced last week. The fund is...
Charter Senior Living adds 13 former Cedarhurst communities to portfolio
By
Kathleen Steele Gaivin
May 30, 2024
Naperville, IL-based Charter Senior Living has assumed management of 13 communities in Illinois and Wisconsin.
Rite Aid pharmacy chain files for bankruptcy
Oct 16, 2023
Rite Aid will stay open through bankruptcy but speed up certain store closings and sell Elixir Solutions, a prescription benefit provider.