Long-term care mergers and acquisitions drop 13 percent from last quarter
By
Kathleen Steele Gaivin
Apr 18, 2023
Mergers and acquisitions in senior living and skilled nursing in the first quarter included just 98 transactions. That’s 13% fewer than the 112 transactions that occurred in the fourth quarter of 2022,...
Recovery ‘very strong’ in senior housing investment, development, expert says
By
Kathleen Steele Gaivin
Oct 22, 2021
Senior housing’s recovery, both in recovering and occupancy, is “a lot to be optimistic about,” Byron Carlock, real estate leader at PricewaterhouseCoopers, told the McKnight’s Business Daily.
Former school repurposed for New England’s first LBGTQ affordable senior housing community
By
Kathleen Steele Gaivin
Jun 13, 2022
The former William Barton Rogers Middle School in Hyde Park, MA, which has sat idle for years, soon will see new life as Boston’s — and all of New England’s — first affordable housing community...
Eskaton sells SNFs to Cypress for $35.6 million to focus on senior living, home care
By
Lois A. Bowers
Apr 10, 2023
Carmichael, CA-based provider Eskaton is selling its three stand-alone skilled nursing facilities for $35.6 million as part of a plan to “expand and enhance” the company’s offerings in independent...
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.
VIUM Capital closes 2021 with record transactions totaling $700M; nearly in the fourth quarter
By
Kathleen Steele Gaivin
Jan 24, 2022
VIUM Capital closed 42 transactions, totaling approximately $700 million, during 2021. Almost half of those transactions occurred during the fourth quarter, the Columbus-OH based senior housing and healthcare...
Long-term care eligible for cut of $2M in workforce development grants
By
Kathleen Steele Gaivin
Jul 08, 2022
Wisconsin’s senior living and care operators are eligible to receive their share of the state’s $2 million grants from the Department of Workforce Development.
Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain
By
Amy Novotney
Jan 04, 2021
As ground zero for the pandemic, 2020 was a challenging year for healthcare real estate investment trusts. In the first quarter, for example, healthcare REITs saw a 36.8% decline — much of this stemming...
President Biden asks businesses to voluntarily proceed with vaccinate-or-test requirements
By
Kathleen Steele Gaivin
Dec 03, 2021
President Joe Biden detailed plans Thursday for combating COVID-19 this winter, particularly in light of the emerging omicron variant.
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.