Pandemic, debt market downturn force financial restructuring of Enlivant joint venture
By
Kimberly Bonvissuto
Apr 04, 2023
The negative impact of the COVID-19 pandemic and a downturn in the debt market has left a joint venture company operated by senior living provider Enlivant negotiating with its lenders on a finance restructuring.
Another operator settles security deposit class action lawsuit, this time for $1 million
By
Kimberly Bonvissuto
Apr 11, 2023
Another Massachusetts senior living operator has settled a class action lawsuit over contract language that conflicts with the state’s security deposit statute.
Support, data, immigration reform necessary to address caregiver workforce shortage
By
Kimberly Bonvissuto
Dec 08, 2023
Supportive environments to increase retention, domestic and immigration policy reform, and solid data-gathering measures are among the recommendations coming out of a new report addressing the direct care...
Nursing home staffing mandate puts assisted living communities at risk of losing workers, experts say
By
Kimberly Bonvissuto
Sep 06, 2023
Assisted living communities are at risk of losing staff members following the first-ever proposed federal staffing mandate for nursing homes, released Friday, according to senior living experts.
NHI continues portfolio optimization efforts with focus on return to growth
By
Kimberly Bonvissuto
Nov 10, 2022
With third-quarter results ahead of expectations, National Health Investors President and CEO Eric Mendelsohn said Wednesday during an earnings call that the company’s long-term optimism for the industry...
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Future of senior living requires new blueprint: panel
By
Kimberly Bonvissuto
Nov 08, 2023
CHICAGO — What happens when you invite a group of senior living CEOs to share personal plans for their third acts? For architectural firm Perkins Eastman, the result was a think tank of experts who defined...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
NLRB releases new joint-employer standard amid senior living opposition
By
Kimberly Bonvissuto
Oct 27, 2023
The new joint-employer standard released Thursday by the National Labor Relations Board will present greater risk for employers that contract with services providers, “creating greater liability for...