Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Brookdale sees 4% same-community operating income growth
By
Lois A. Bowers
Feb 08, 2016
Brookdale Senior Living saw same-community operating income growth of more than 4% over the fourth quarter of 2014, the company said as it released financial and operating results for the fourth quarter...
Subtle signs point to start of recovery for senior living industry
By
Amy Novotney
Dec 10, 2020
One positive to the otherwise devastating effects of the COVID-19 pandemic on the senior housing industry has been that it appears to be helping to more favorable align future supply and demand fundamentals,...
Seniors housing M&A activity down from 2015, data show
By
Lois A. Bowers
Jan 18, 2017
The number of mergers and acquisitions in seniors housing and care decreased in 2016 compared with 2015, according to data from two sources released Jan. 18.
Expense pressures overtake workforce issues as top challenge for operators: NIC
By
Kimberly Bonvissuto
Aug 26, 2022
Increasing operating expenses are overtaking staffing issues as the biggest challenge facing senior living and care organizations, according to the results of a new survey by the National Investment Center...
‘Small and complex’ senior living and care industry ripe for investors: NIC chair
By
Kathleen Steele Gaivin
Nov 03, 2021
HOUSTON—Despite the “temporary disruption” from the pandemic, market conditions are favorable for investing in senior living and care, Kurt Read, chair of the NIC Board of Directors and managing...
New Senior Investment Group explores ‘strategic alternatives’
By
Lois A. Bowers
Feb 26, 2018
Citing “negative pressures” related to supply and increased competition, New Senior Investment Group CEO Susan Givens said Friday that the real estate investment trust is considering various...
Seniors housing transaction volume, big deals down, NIC says
By
Lois A. Bowers
Aug 15, 2016
The volume for closed seniors housing property sales transactions dropped during the second quarter, according to a senior research analyst with the National Investment Center for Seniors Housing & Care....
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...
Program aims to address senior loneliness one ride at a time
By
Lois A. Bowers
Sep 18, 2018
A program that aims to reduce older adults’ feelings of isolation in a fun way officially gets underway in Louisville, KY, today thanks in part to a senior living community there.