Greene Park Capital launches senior investment platform
By
Kathleen Steele Gaivin
Feb 24, 2023
Chicago-based Greene Park Capital has launched a senior living investment platform to “focus on maximizing value by combining our access to capital and deep investment pipeline that includes strong real...
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Welltower raises guidance, says performance ‘in line with expectations’
By
Kathleen Steele Gaivin
Jun 08, 2022
Toledo, OH-based Welltower has revised its guidance for the second quarter.
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Creativity has helped keep transactions moving during pandemic: Greystone
By
Amy Novotney
Oct 01, 2020
Amid today’s uncertain economic environment, where many traditional capital sources have pulled back, commercial real estate finance company Greystone is finding that creativity is key in complex transactions.
Aegis, Blue Moon launch second joint venture to acquire 10-community, $350M senior living portfolio from...
By
Amy Novotney
Jan 13, 2021
Aegis Living and senior housing private equity investor Blue Moon Capital Partners entered a second joint venture Tuesday with the acquisition of 10 communities across California, Washington and Nevada...
‘Substantial change’ needed at Ventas, activist shareholder says
By
Kathleen Steele Gaivin
Sep 12, 2023
Stamford, CT-based Land & Buildings Investment Management issued a public letter Monday describing Ventas’ recent financial performance as “lackluster” and calling for “substantial change.”
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Florida extends protection against COVID-19 legal claims for another year
By
Kathleen Steele Gaivin
Feb 28, 2022
Long-term care and other healthcare providers will be protected against COVID-19-related legal claims until June 1, 2023, under a bill signed into law Thursday by Florida Gov. Ron DeSantis (R).