With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
‘No longer doubt’ about Five Star’s future as company reports first quarterly profit since 2013,...
By
Lois A. Bowers
Aug 08, 2019
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said...
Meet Amanda Brooks, 2023 Rising Star
By
Lois A. Bowers
Jul 10, 2023
Learn more about Amanda Brooks, Senior Executive Director, Retirement Unlimited Inc. (Paul Spring Retirement Community), Alexandria VA.
Earnings call roundup: Ventas, CareTrust REIT, National HealthCare Corp.
By
Lois A. Bowers
Aug 08, 2022
CareTrust REIT, National HealthCare Corp. and Ventas held second-quarter earnings calls or released earnings reports on Friday.
Brookdale sees 2.8 percent occupancy decline, but move-ins and online inquiries are up
By
Lois A. Bowers
Nov 06, 2020
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence...
PointClickCare puts IPO on hold, closes $85 million round of financing
By
Lois A. Bowers
Feb 01, 2017
PointClickCare has put plans for an initial public offering on hold, instead closing an $85 million round of financing. The company said it plans to use the funds to accelerate its focus on delivering...
LTC Properties issues notice of default to Thrive Senior Living, demands $2.6 million
By
Lois A. Bowers
May 13, 2019
LTC Properties also is looking to move the six Thrive communities in its portfolio to other operators, CEO Wendy Simpson said Friday. The REIT also provided an update on other operators in its portfolio.
Former ombudsman allegedly stole up to $50,000 from resident
By
Lois A. Bowers
Dec 11, 2017
A former senior advocate faces her next court date Friday after being indicted on several felony counts for allegedly stealing up to $50,000 from an assisted living resident for whom she was responsible....
Memory care executive accused of covering up resident rape
By
Lois A. Bowers
Sep 08, 2016
An executive at a Louisiana memory care community has been arrested for failure to report abuse of adults and obstruction of justice after another employee was arrested for allegedly raping a resident....
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”