Recapitalization to fund expansion of Discovery Senior Living’s portfolio
By
Kathleen Steele Gaivin
Oct 14, 2022
Funds advised by Lee Equity Partners and Coastwood Senior Housing Partners have signed an agreement to invest in Bonita Springs, FL-based Discovery Senior Living. The recapitalization will fund Discovery’s...
More operators report move-in accelerations than decelerations for first time since pandemic’s start:...
By
Amy Novotney
Feb 26, 2021
For the first time since the COVID-19 pandemic began, the share of senior living and skilled nursing organizations reporting an acceleration in the pace of move-ins over the past month is higher than those...
Long-term care likely to face uneven recovery: report
By
Amy Novotney
Oct 19, 2020
The effects of the COVID-19 pandemic have been uneven across markets and care/service segments within long-term care, which will lead to an uneven recovery for the industry over the coming years. That’s...
55% expect no change in value of seniors housing this year
By
Lois A. Bowers
Mar 22, 2018
Almost 55% of respondents to a survey by professional services firm JLL said they believe that no change will occur in the value of seniors housing over the next year.
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Where independent living inventory growth is strongest
By
Lois A. Bowers
May 24, 2018
Seven metropolitan areas account for approximately one-third of the inventory growth in independent living over the past year, according to the National Investment Center for Seniors Housing & Care.
Debt-related efforts among ‘significant performance milestones’ for Sonida, execs say
By
Kathleen Steele Gaivin
Mar 28, 2024
Dallas-based Sonida Senior Living has optimized its balance sheet “through the comprehensive restructuring and modification of our debt,” culminating in a $47.75 million equity private placement that...
Assisted living continues to grow rapidly in expanded markets
By
Elizabeth Newman
Oct 03, 2014
Assisted living growth continues to be concentrated in specific markets, with almost three-fourths of new construction in 10 metro markets, according to new findings released Thursday at the National Investment...
Business briefs, July 9
By
Kathleen Steele Gaivin
Jul 09, 2021
COVID down, interest up, but senior living occupancy unchanged as inventory grows … Phoenix Senior Living, Phoenix Development Group hire summer interns to educate about senior living industry …...