Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Executives more interested in acquisitions than new construction, survey finds
By
John O'Connor
Feb 20, 2019
“Build it and they will come” may be the mantra in “Field of Dreams.” But it appears to be advice senior living executives are less willing to embrace these days, if a recent annual survey is accurate.
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
White House nixes pay data submission
By
Lois A. Bowers
Aug 31, 2017
Employers no longer will be required to submit summary employee pay data to the Equal Employment Opportunity Commission beginning in March. The White House on Tuesday nixed the rule containing the requirement,...
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
Brookdale sees 4% same-community operating income growth
By
Lois A. Bowers
Feb 08, 2016
Brookdale Senior Living saw same-community operating income growth of more than 4% over the fourth quarter of 2014, the company said as it released financial and operating results for the fourth quarter...
Seniors housing M&A activity down from 2015, data show
By
Lois A. Bowers
Jan 18, 2017
The number of mergers and acquisitions in seniors housing and care decreased in 2016 compared with 2015, according to data from two sources released Jan. 18.
Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Expense pressures overtake workforce issues as top challenge for operators: NIC
By
Kimberly Bonvissuto
Aug 26, 2022
Increasing operating expenses are overtaking staffing issues as the biggest challenge facing senior living and care organizations, according to the results of a new survey by the National Investment Center...
New Senior Investment Group explores ‘strategic alternatives’
By
Lois A. Bowers
Feb 26, 2018
Citing “negative pressures” related to supply and increased competition, New Senior Investment Group CEO Susan Givens said Friday that the real estate investment trust is considering various...