Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
DHC to transition 108 Five Star senior living communities to other operators by year’s end
By
Amy Novotney
Apr 12, 2021
Diversified Healthcare Trust will amend its management arrangements with Five Star Senior Living to transition 108 senior living communities, representing approximately 7,500 units, to other operators...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Home health, hospice among top private equity healthcare acquisition targets
By
Kathleen Steele Gaivin
Feb 27, 2023
Private equity healthcare investments in 2022 were the second highest on record after 2021, in terms of disclosed deal value and deal count. Home health and hospice both made it into the top 15 categories...
Pace of recovery from Hurricane Ian could be slow, Fitch warns
By
Kathleen Steele Gaivin
Oct 06, 2022
The pace of economic recovery for areas affected by Hurricane Ian could be slow compared with previous hurricanes, according to the experts at Fitch Ratings.
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
Eagle Senior Living sees ‘significant debt relief’ in restructuring plan
By
Kathleen Steele Gaivin
Apr 29, 2022
A reorganization plan for Eagle Senior Living will reduce the company’s debt by approximately $40 million and promises $28 million in new financing, according to the operator’s attorney. The U.S. Bankruptcy...
ProMedica reports $346 million loss in fourth quarter after ‘year of challenges and restructuring’
By
Kathleen Steele Gaivin
Apr 25, 2023
Toledo, OH-based Promedica on Friday reported a $346.4 million operating loss for the fourth quarter of 2022. The report comes after the company made a near total exit from skilled nursing last year in...