Ignite Medical Resorts breaks ground on its first new construction since 2020
By
Kathleen Steele Gaivin
Jun 25, 2024
Chicago-based Ignite Medical Resorts broke ground Thursday on a new skilled nursing facility in Batavia, IL. The company’s first new construction project since 2020 comes at a time when financing and...
Ventas challenged by Land & Buildings with 3 board nominations
By
Kathleen Steele Gaivin
Jan 12, 2024
Stamford, CT-based Land & Buildings has put forth three candidates for Ventas’ board of directors to be voted on at the Chicago-based real estate investment trust’s next annual meeting of stockholders,...
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Discovery Senior Living launches new operating company, Arvum
By
Kathleen Steele Gaivin
Jan 23, 2024
Discovery Senior Living has launched a new operating company, Arvum Senior Living, to serve the company’s Midwest market.
National HealthCare Corp., Omega Healthcare Investors, Ventas report third-quarter earnings
By
Kathleen Steele Gaivin
Nov 06, 2023
National HealthCare Corp., Omega Healthcare Investors and Ventas released their third-quarter earnings results on Friday.
Diversified Healthcare Trust reports dip in net operating income
By
Kathleen Steele Gaivin
Nov 30, 2023
Net operating income has decreased for Diversified Healthcare Trust, or DHC, the real estate investment trust reported Wednesday in its monthly update pertaining to its senior housing operating portfolio,...
With projected Fed decreases, investor confidence is rising
By
Kathleen Steele Gaivin
Feb 21, 2024
The past few years have been challenging on debt markets in real estate, particularly in the senior living and care market, but a “boost in investor confidence” is occurring now, according to Jason...
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
Proposed national paid leave program could ‘open up larger conversation’
By
Kathleen Steele Gaivin
Mar 15, 2024
President Joe Biden’s proposed budget for 2025 includes a measure to establish a national paid family and medical leave program. The program would be administered by the Social Security Administration.
Welltower codifies ESG initiatives in formal policy
By
Kathleen Steele Gaivin
Jun 28, 2024
Welltower has formalized its environmental, social and governance commitment in a board-approved ESG policy, according to the Toledo, OH-based real estate investment trust’s annual ESG report, released...