Appointments, promotions and other news at Integral Senior Living/Solstice Senior Living, K4Connect, Lifespace Communities, Silverstone Senior Living, St. Mary’s Health Care System and St. Mark Village.
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
With less-than-expected rent payments, Omega Healthcare Investors faces lower FAD in Q4
By
Kathleen Steele Gaivin
Dec 05, 2023
Two restructured operators of Omega Healthcare Investors paid less contractual rent than owed in November, the Hunt Valley, MD-based real estate investment trust said Monday in an online investor presentation.
Consider effects on employee retirement plans when planning mergers, acquisitions, expert says
By
Kathleen Steele Gaivin
Dec 01, 2023
Merger and acquisition activity in senior living and care has been flowing at a record pace throughout this year. But operators should not overlook the effects on employees’ retirement plans when making...
EPA proposes removing 100 percent of lead pipes from US water system
Nov 30, 2023
Utility companies expected to cover most of the cost, but there is $15 billion available in the 2021 infrastructure law to help
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,...
Newsweek, Statista recognize 250 CCRCs with release of first-ever rankings
By
Lois A. Bowers
Nov 29, 2023
Newsweek and global market research and consumer data firm Statista this morning are recognizing 250 US continuing care retirement / life plan communities via the announcement of their first-ever “America’s...
Harmony Senior Housing tackles affordable housing need with ‘flagship’ $30 million project
By
Kathleen Steele Gaivin
Nov 29, 2023
Harmony Senior Housing, a 501 (c)(3) nonprofit, has launched a $30 million plan to bring affordable senior housing to Reading, PA, in a “flagship” effort that may be expanded to additional areas and...
Brain imaging company teases tech that will analyze side effects of new dementia drugs
By
Aaron Dorman
Nov 28, 2023
AI-enabled brain imaging technology will be launched next year to evaluate the side effects of new Alzheimer’s and dementia drugs.
Coventry Holdings of Minnesota opens 18th Suite Living Senior Care community
By
Kathleen Steele Gaivin
Nov 28, 2023
Coventry Holdings of Minnesota has opened its 18th Suite Living Senior Care community, in White Bear Lake, MN. The company has another six new communities slated to break ground later this year or next.