CEO optimism on economic outlook at its lowest level since 2009
By
Amy Novotney
Jul 02, 2020
CEOs at major U.S. companies have expressed a level of pessimism on the economic outlook not seen in 11 years, according to a quarterly survey from Business Roundtable.
People in the news, May 3
By
Amy Novotney
May 03, 2022
Appointments, promotions and awards at The Ciena Group, Discovery Senior Living, East Ridge Residence, Erickson Senior Living, Fishman & Associates, Franciscan Ministries, Juniper Communities, M3, MBK...
Omega Healthcare Investors on a roll
By
Amy Novotney
Mar 05, 2020
As the biggest SNF-focused real estate investment trust (REIT), Omega Healthcare Investors appears to be on an upward financial trajectory, according to a February investor presentation. As reported by...
Welltower announces $902M in seniors housing dispositions
By
Amy Novotney
Oct 06, 2020
Toledo, OH-based Welltower announced several sales Monday from the firm’s seniors housing portfolio totaling $902 million.
‘Going concern’ doubts raised by Genesis, Signature prompt write-down by Omega, potential write-off...
By
Amy Novotney
Sep 28, 2020
Omega Healthcare Investors announced Thursday that it will move to a cash-basis accounting method for tenants Genesis Healthcare and Agemo Holdings LLC (f/k/a Signature Healthcare). The move comes as Omega...
PwC CFO survey: Global downturn is top COVID-19 concern
By
Amy Novotney
Mar 25, 2020
More than three-quarters of chief financial officers in the United States and Mexico are worried that the coronavirus pandemic will lead to a global recession, finds a pulse survey released this week by...
Five Star earnings fail to meet expectations, Diversified succeeds
By
Amy Novotney
Mar 03, 2020
As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased...
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...
COVID-19 ‘reward’: It’s making operators better care providers, Pennant CIO says
By
Amy Novotney
Dec 18, 2020
Senior living’s appropriate place in the care continuum and its importance in improving care outcomes have risen more prominently as discussion topics thanks to the COVID-19 pandemic, says Derek Bunker,...
Brookdale takes steps to address potential financial repercussions of COVID-19; withdraws 2020 guidance
By
Amy Novotney
Mar 19, 2020
Brookdale Senior Living, the country’s largest senior living company, is withdrawing its financial outlook for the coming year as a result of uncertainty and increased expenses due to the COVID-19...