Interest in senior living and care investments remains strong: report
By
Kathleen Steele Gaivin
Feb 14, 2024
Interest in senior living community and nursing home investments remains strong as operators continue to rebound from pandemic-related losses, according to JLL’s seventh annual Seniors Housing and Care...
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Assisted living owner sentenced in $1 million COVID-19 relief fraud case
By
Kimberly Bonvissuto
Jan 12, 2024
The owner of an assisted living community will spend two years in federal prison as part of a plea agreement for fraudulently obtaining more than $1 million in COVID-19 relief funds that he used for personal...
Analysis: Government’s planned pay hike insufficient for staffing mandate
By
Kimberly Marselas
May 28, 2024
A proposed pay increase for nursing home operators may be one of the best in recent memory, but it won’t adequately prepare the sector for implementation of the federal staffing mandate, one of the sector’s...
People in the news, Jan. 2
Jan 02, 2024
Appointments, promotions and other news at Anthem Memory Care, Erickson Senior Living, Esteam Health, Kendal, Life Care Services/LCS and Selectis Health.
Invesque sells $68.4 million in SNF properties in first quarter
By
Kathleen Steele Gaivin
May 13, 2024
Invesque sold $68.4 million in skilled nursing properties during the first quarter, the Fishers, IN-based healthcare real estate investment company announced Thursday in a quarterly earnings report. The...
Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...
Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...
Data breach leaked info on 40 nursing facilities, provider reports
By
Aaron Dorman
Jan 17, 2024
A data breach over the summer may have given hackers access to health records for both residents and staff at 40 nursing homes.
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...