AlerisLife, formerly Five Star Senior Living, closes $95M term loan
By
Kathleen Steele Gaivin
Feb 01, 2022
After rebranding as AlerisLife last week, the Newton, MA-based company formerly known as Five Star Senior Living announced Monday the closing of a $95 million senior secured term loan.
Business briefs, Nov. 5
By
Kathleen Steele Gaivin
Nov 05, 2021
Partnerships, universal workers keys to successful middle-market communities, execs say … Related business interests fueling operator activity in skilled nursing: lender … Active adult communities...
Lender gives reasons to be ‘bullish’ on senior housing and care
By
Kathleen Steele Gaivin
Sep 30, 2021
The senior living sector no doubt has seen pandemic-related challenges, but “the fundamentals of the business are sound,” according to Matthew Ruark, senior vice president of commercial and healthcare...
Individual senior living properties perform about as well as they did a year ago: NIC analysis
By
Kathleen Steele Gaivin
Sep 27, 2021
Last year’s senior living occupancy seems to be an indicator of current performance, according to Beth Burnham Mace, chief economist, and Anne Standish, research statistician, at the National Investment...
Actions & Transactions, June 11
By
Kathleen Steele Gaivin
Jun 11, 2021
Welltower invests in Monarch Communities to reposition senior housing portfolio in Mid-Atlantic and Northeast regions; partnership breaks ground on first development … Pathway to Living to manage Welltower’s...
Learn how to fight burnout at the McKnight’s Senior Living Online Expo in 1 week
Jun 10, 2021
A session titled “Strategies to protect and connect residents, families and care teams in senior living communities,” will be the middle of three sessions at the fifth annual McKnight’s Senior Living...
After more than a decade of growth in the senior living industry, the pandemic brought significant losses. As the world transitions to a post-pandemic scenario, however, JLL Valuation Advisory anticipates...
Eden, Green House founder unveils Kallimos Communities as multi-generational model for seniors
By
Amy Novotney
May 07, 2021
After an unprecedented year of challenges for residents and staff members in skilled nursing facilities and assisted living communities, senior living and care expert William Thomas, M.D. — better known...
Erickson unveils new name, logo as part of $3 billion expansion strategy
By
Lois A. Bowers
Apr 28, 2021
Erickson Living is changing its name to Erickson Senior Living and rolling out a new logo as part of a strategy that will see almost $3 billion in development and construction over the next five years....
Business briefs for Tuesday, April 27
By
Amy Novotney
Apr 27, 2021
Federal, state and local entities can play an important role in removing barriers to a secure retirement: report … Medicare Advantage represents major threat to skilled nursing operators: CEO panel …...