CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Workforce, advocacy, provider support comprise new LeadingAge strategic plan
By
Kimberly Bonvissuto
Apr 18, 2024
WASHINGTON, DC—On the second day of LeadingAge’s Leadership Summit 2024 here, Board Chair Roberto Muñiz, president and CEO of New Jersey-based Parker Health Group, urged members to share their stories...
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...
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...
Efforts to address older adult loneliness laid out in proposed bill
By
Kimberly Bonvissuto
May 29, 2024
A new bipartisan bill in the House of Representatives calls for including screening older adults for loneliness and the coordination of supportive services and healthcare to address the negative health...
Orah Burack diligently works out of the spotlight, keeping her head down and her mind focused on improving care and conditions throughout long-term care. Her work as a senior research associate at The...
American Healthcare REIT now owns 76 percent of Trilogy Health Services
By
Kathleen Steele Gaivin
May 15, 2024
American Healthcare REIT owns 76% of Trilogy Health Services as of April 15, AHR reported Tuesday during an earnings call.
Senior living providers embrace role in CMS dementia care pilot program
By
Kimberly Bonvissuto
Jul 11, 2024
Senior living providers named participants in the federal government’s new dementia care pilot program said they are excited to be part of a new effort to support people living with dementia and their...