Lutheran Home plans to become part of Methodist-affiliated organization
By
Lois A. Bowers
Feb 27, 2020
Lutheran Home at Concord Reserve, located in the Cleveland suburb of Westlake, plans to affiliate with Life Enriching Communities, based almost four hours away in the Cincinnati suburb of Loveland, the...
People in the news, Feb. 25
Feb 25, 2020
Appointments, promotions and other news at the Acts Retirement-Life Communities, American College of Health Care Administrators, Brethren Retirement Community, Broadmead, Cypress Cove at HealthPark Florida,...
LTC Properties expects to ‘dig deep’ for transactions; older buildings, senior apartments of interest
By
Lois A. Bowers
Feb 24, 2020
For 2020, “early indications show that we will have to dig deep to find the kinds of transactions that best benefit our shareholders,” Westlake Village, CA-based LTC Properties’ Chairman, Chief Executive...
CareTrust REIT: Fewer ‘meaningful opportunities’ in senior housing
By
Lois A. Bowers
Feb 24, 2020
“There are plenty of assisted living and memory care deals out there right now, but most don’t fit with our or our operators’ objectives. So meaningful opportunities for us in that asset class...
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...
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...
NCAL partners with CarePrepare to offer members state survey inspection data
Jan 23, 2020
Assisted living members of the National Center for Assisted Living will have access to state survey inspection data through NCAL’s new partnership with CarePrepare.
ASHA to induct 4 into Senior Living Hall of Fame for 2020
By
Lois A. Bowers
Jan 06, 2020
Juniper Communities founder and CEO Lynne Katzmann, Ph.D.; the late founders of Koelsch Communities, Emmett and Alice Koelsch; and ProMatura Group founder Margaret Wylde, Ph.D., will be inducted into the...
Inception Property Group expects ‘significant interest’ in LA senior living project being...
Jan 06, 2020
Los Angeles-based Inception Property Group is developing a seven-story, 151,146-square-foot senior living project on speculation — without an operator — in downtown Los Angeles and expects to speak...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...