Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Senior living mourns loss of Granger Cobb
By
Lois A. Bowers
Sep 24, 2015
“Pioneer,” “beloved” and “titan” are some of the words being used to describe the late senior living leader.
Omega says assisted living is a strength in portfolio, but focus remains on skilled nursing
By
Lois A. Bowers
Feb 15, 2018
Omega Healthcare Investors counts among its strengths one of its senior living partners, CEO Taylor Pickett told those participating in an earnings call on Wednesday. But the REIT’s portfolio continues...
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...
Omega, Maplewood looking for ‘next big opportunity’ in urban senior living
By
Lois A. Bowers
Nov 07, 2019
With the Inspir Carnegie Hill assisted living and memory care community expected to open early next year in Manhattan, Omega Healthcare Investors and Maplewood Senior Living are “actively looking for...
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
Wellness plans ‘a work in progress’
By
Lois A. Bowers
Apr 22, 2019
If you’re looking for your organization’s employee wellness plan to pay dividends in the form of lower healthcare costs and absenteeism rates as well as higher job tenure and performance, then a new...
Assisted living, addiction treatment focus of diversification strategy for Sabra in 2022
By
Lois A. Bowers
May 06, 2022
Assisted living figures prominently into the 2022 plans for Sabra Health Care REIT as the company seeks to diversify its portfolio and reduce its exposure to skilled nursing, CEO, President and Chair Rick...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....