CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...
Berkadia closes $10 million loan for affordable seniors housing property
Oct 01, 2015
The borrower, Grace Tower, Inc., a California nonprofit entity, will use the construction financing to rehabilitate the property over 12 months.
Sabra has $1 billion acquisition pipeline, but don’t expect big news soon
By
Lois A. Bowers
Nov 03, 2017
Sabra Health Care REIT has a $1 billion acquisition pipeline, CEO Rick Matros told participants in a third-quarter earnings call on Thursday. But don’t expect any big announcements from the real...
Sabra to buy 49% stake in $1.62 billion Enlivant portfolio
By
Lois A. Bowers
Sep 20, 2017
Sabra Health Care REIT will acquire a 49% equity interest in a $1.62 billion portfolio of 183 senior housing communities managed by Enlivant, the companies announced Tuesday.
Five Star CEO: Restructuring is ‘permanent solution’
By
Lois A. Bowers
May 09, 2019
The restructuring agreement signed in April with Senior Housing Properties Trust “is a permanent solution” to the financial woes of Five Star Senior Living, President and CEO Katie Potter said Wednesday...
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
$70 million in aid in Michigan ‘encouraging’ for assisted living providers nationwide, CEO says
By
Lois A. Bowers
Feb 18, 2022
Senior living providers across the country need pandemic relief like the $70 million in direct aid in which assisted living operators will share in Michigan after bipartisan support in the state Legislature,...
Senior living sees all-time-high affordability, potential expansion of penetration rate
By
Kimberly Bonvissuto
Jul 03, 2024
Senior living affordability is improving, and a growing customer base that is materially better off financially than members of previous generations could expand the penetration rate, according to the...
NHI CEO: Why seniors housing should care about healthcare reform
By
Lois A. Bowers
May 09, 2017
Even if seniors housing operators won’t be directly affected by legislation that partially or fully replaces the Affordable Care Act, the reform efforts still are important to them, National Health...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.