After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
Assisted living chain on hook for overtime for 72 employees
By
Lois A. Bowers
Jan 30, 2018
The owners of 10 California assisted living communities have agreed to pay $173,539 in previously unpaid overtime pay to 72 employees, the Department of Labor has announced.
Capital Senior Living ‘very optimistic’ about 2016
By
Lois A. Bowers
Feb 28, 2016
Capital Senior Living leaders said they are “very optimistic about our growth prospects” during an after-hours conference call Feb. 25 about the company’s fourth-quarter and full-year...
Ensign Group in ‘very selective’ acquisition mode
By
Lois A. Bowers
May 04, 2018
The Ensign Group is actively seeking acquisitions but is growing by being “very selective with each potential acquisition opportunity,” executives said Thursday during the organization’s...
CEOs share workforce development solutions
By
Lois A. Bowers
May 13, 2016
Four CEOs shared their insights on ways to address the workforce development issues facing senior living at the Argentum 2016 Senior Living Executive Conference in Denver.
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Capital Senior Living and Brookdale Senior Living saw record occupancy levels in June, and occupancy has continued to be healthy, leaders of the two companies said at the Wells Fargo Healthcare Conference...
Brent Weil is definitely up to the job
By
Lois A. Bowers
May 14, 2018
The new vice president of workforce development at Argentum is tackling the field’s biggest challenge. Read our exclusive interview with him.
Resident found on bus died of hyperthermia complications, coroner says
By
Lois A. Bowers
Nov 15, 2016
Complications of hyperthermia were responsible for the death of an 84-year-old senior living resident whose body was found on her community’s travel bus the day after she went on an outing with fellow...
Operator initiative drives turnover reduction
By
Lois A. Bowers
Feb 08, 2017
One senior living employee has the keys to a new car as the result of an incentive contest at his employer. The senior living organization, however, appears to have found a key to engaging employees to...