Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
More news for Wednesday, April 5
By
Kimberly Bonvissuto
Apr 05, 2023
House introduces veterans’ long-term care assisted living access bill … CMS finds assisted living residency agreements fail to meet HCBS requirements … Brightview only senior living company on ‘Best...
2 more operators announce affiliation plans
By
Kathleen Steele Gaivin
Sep 07, 2023
In a year marked by record merger and acquisition activity in senior housing and care, two more providers have announced affiliations with other companies.
20 months in a row of occupancy growth reported by Brookdale Senior Living
By
Kimberly Bonvissuto
Jul 13, 2023
A 160-basis-point increase in weighted average occupancy for June means Brookdale Senior Living has seen 20 consecutive months of year-over-year occupancy growth.
Company’s digital product assessments start with diabetes, muscle pain tools
By
Aaron Dorman
Oct 10, 2023
A new health/tech institute is ready to start assessments for digital products, beginning with diabetes and musculoskeletal disorders.
Solar panels, vinyl siding recycling among senior living’s sustainability initiatives
By
Kimberly Bonvissuto
Mar 29, 2023
A seven-acre solar panel project and a vinyl siding recycling program are among the latest sustainability initiatives from senior living operators.
Empowering ‘deeply undervalued’ caregivers would improve ‘lifeline for older adults’
By
Kimberly Bonvissuto
Jun 28, 2024
Direct care workers and family caregivers remain “deeply undervalued” and often overlooked despite calls for investment in the care economy, according to the authors of a new report.
Invesque remains ‘bullish’ on senior living as it continues to transform portfolio
By
Kimberly Bonvissuto
Aug 15, 2023
In a busy second quarter, Invesque continued carrying out its strategy to focus its portfolio predominantly on private-pay senior living through sales, operator transitions and acquisitions.
Occupancy, rate growth fueling expected future double-digit growth for Welltower
By
Kimberly Bonvissuto
Aug 02, 2023
Welltower is at the cusp of multi-year, double-digit growth due to occupancy gains, rate growth and lower operating expenses, according to CEO Shankh Mitra.
Arizona AL community turns over control to third party amid abuse, fraud allegations
By
Kimberly Bonvissuto
Apr 26, 2024
An Arizona assisted living owner has turned over control of its community to a third-party receiver following allegations of elder abuse and consumer fraud.