Intergenerational relationships benefit everyone in them, report says
By
Lois A. Bowers
May 17, 2017
Senior living community residents and children and youth benefit from interacting, according to a new report, which also suggests ways to encourage such relationships.
Former Assisted Living Concepts CEO sues company for $900K
By
Lois A. Bowers
Sep 15, 2015
Laurie Bebo is suing the company for almost $900,000 to cover the legal fees and related expenses she has accumulated as part of a federal civil lawsuit against her and her own, related lawsuit against...
Five Star agreement is ‘best possible solution’ to financial issues, SNH says
By
Lois A. Bowers
Apr 03, 2019
A new agreement between Five Star Senior Living and Senior Housing Properties Trust (SNH) that converts 261 communities from triple-net leases to a RIDEA structure and gives the real estate investment...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Senior living workforce at crisis levels, but hope is on the horizon: Argentum
By
Kimberly Bonvissuto
Mar 11, 2022
Workforce challenges have always existed in long-term care, but never to the crisis-level extent they do now. Hope is on the horizon, however, according to senior living experts.
Passed bill allows assistive devices in assisted living
By
Lois A. Bowers
Mar 12, 2020
A bill that supporters say will modernize regulations for assisted living communities in Florida is on its way to Gov. Ron DeSantis after being passed unanimously by the state Senate and House.
$1.15 billion Vintage deal improves Welltower’s position in ‘sexy six’ markets, CEO...
By
Lois A. Bowers
Aug 02, 2016
Welltower’s $1.15 billion acquisition of 19 communities from Vintage Senior Living will improve the real estate investment trust’s position in some of the “sexy six” seniors housing...
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...