New Senior ‘taking a hard look’ at underperforming assisted living / memory care communities, CEO...
By
Lois A. Bowers
Nov 02, 2018
New Senior Investment Group is “taking a hard look” at its assisted living / memory care communities, which are “weighing down” growth in overall portfolio net operating income and occupancy, CEO...
Welltower planning more urban senior living communities, CEO says
By
Lois A. Bowers
Oct 31, 2018
Welltower has “a number of plans” to bring “next-generation” senior living communities to densely populated metropolitan areas with aging populations, CEO Tom DeRosa said Tuesday during the real...
CCRC segments see higher occupancy than same segments in freestanding communities: NIC
By
Lois A. Bowers
Oct 26, 2018
Occupancy in various levels of care or service within continuing care retirement communities generally has been higher than occupancy in freestanding, non-CCRC communities offering those same levels of...
NIC: New inventory, competition continue to affect senior living occupancy
By
Lois A. Bowers
Oct 05, 2018
The occupancy rate for seniors housing across the United States in the third quarter was at its lowest level since the second quarter of 2011, when it was 87.5%, according to new data released Thursday...
Assisted living occupancy down, but so is construction, and rents are up: report
By
Lois A. Bowers
Sep 10, 2018
Occupancy in assisted living will continue to trend downward this year, but the good news for operators is that the construction that contributed to occupancy woes will decrease, and average rents will...
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
Senior Housing Properties Trust looks to other segments while senior living challenges continue
By
Lois A. Bowers
Aug 08, 2018
Senior Housing Properties Trust is focusing its acquisitions energy on its life science and medical office building segments as it waits for senior living challenges to lessen, President and Chief Operating...
Occupancy inching up at former Elmcroft properties now managed by Eclipse, Ventas says
By
Lois A. Bowers
Jul 30, 2018
Eclipse Senior Living, Brookdale Senior Living and seniors housing in general were on the agenda Friday when real estate investment trust Ventas held its second-quarter earnings call.
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”