Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Patricia Will to receive 2022 McKnight’s Women of Distinction Lifetime Achievement Award
By
Lois A. Bowers
Apr 13, 2022
Patricia G. Will, founder and CEO of Belmont Village Senior Living, has been chosen as this year’s Lifetime Achievement Award winner in the McKnight’s Women of Distinction program.
Senior living communities in Washington, Maryland take precautions after positive COVID-19 test results
By
Lois A. Bowers
Mar 09, 2020
Senior living communities in Washington state and Maryland are taking steps to prevent an outbreak after people living in or visiting their communities tested positive for coronavirus disease 2019 (COVID-19)....
CVS still ‘bullish’ on assisted living, despite Omnicare performance
By
Lois A. Bowers
Feb 21, 2019
CVS remains “very bullish” on assisted living despite the fact that its Omnicare long-term care pharmacy business is not performing as well as had been expected, executives said Wednesday.
HCP provides update on Brookdale, Capital relationships
By
Lois A. Bowers
Jun 06, 2019
HCP executives provided an update on the real estate investment trust’s relationships with Brookdale Senior Living, Capital Senior Living and other operators, as well as future plans, Wednesday during...
Solinity teams up with Paran Homes to co-develop affordable senior living communities
By
Lois A. Bowers
May 31, 2019
Senior living development, management and marketing company Solinity and new construction builder Paran Homes announced a new partnership Thursday that will develop, own and operate affordable senior living...
U.S. News names 1,274 ‘Best Senior Living’ communities in inaugural year
By
Lois A. Bowers
May 10, 2022
More than 1,200 senior living communities operated by more than 80 companies have another way to stand out among their peers starting this morning, as the inaugural U.S. News & World Report’s Best Senior...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
Succession planning urgent need in senior living, survey suggests
By
Lois A. Bowers
Apr 12, 2018
Seventy-three percent of senior living CEOs whose organizations were represented in a recent survey by Ziegler could be retiring within the next 10 years, according to survey results. Sixty-five percent...
Brookdale sells 44 communities for $252.5 million
By
Lois A. Bowers
Jul 27, 2016
Brookdale Senior Living, the country’s largest senior living provider, is selling 44 of its communities to an unidentified third party for a total of $252.5 million, the company announced Wednesday.