Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
Inflation, rising rates and mounting indications of a recession present challenges and opportunities for CareTrust REIT and its operating partners, President and CEO Dave Sedgwick said in discussing the...
Ventas announces multipronged plan to ‘realize upside in senior housing’
By
Lois A. Bowers
Feb 21, 2020
Chicago-based real estate investment trust Ventas is counting on $600 million in senior living community sales, increased capital expenditures, a new executive vice president, changes for the executive...
New perks that really do work
By
Lois A. Bowers
Apr 19, 2018
It’s no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective...
Ecumen will ‘stay the course’ under new CEO Shelley Kendrick
By
Lois A. Bowers
Jan 10, 2019
Don’t expect extreme changes when Shelley Kendrick assumes the role of president and CEO at one of the country’s largest nonprofit senior housing and services providers, Ecumen, effective Feb. 4.
Senior living execs pique student interest as Granger Cobb Institute pilots Corporate Scholars program
By
Lois A. Bowers
Oct 24, 2022
Executives from Aegis Living, Merrill Gardens and Murano Senior Living are piquing interest in the senior living industry among Washington State University students participating in a new Corporate Scholars...
Assisted living increasingly a lawsuit target, attorney says
By
Lois A. Bowers
Oct 18, 2016
Plaintiffs’ attorneys increasingly are looking at assisted living communities as potential lawsuit targets, Neville Bilimoria, a partner with the health law practice group of Duane Morris LLP in...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
PharMerica plans to ‘get aggressive’ about assisted living
By
Lois A. Bowers
Feb 26, 2017
Long-term care pharmacy company PharMerica Corp. intends to launch a new initiative focused on assisted living to increase its share of that market this year, CEO Greg Weishar said Friday during an earnings...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...