NHI CEO: Why seniors housing should care about healthcare reform
By
Lois A. Bowers
May 09, 2017
Even if seniors housing operators won’t be directly affected by legislation that partially or fully replaces the Affordable Care Act, the reform efforts still are important to them, National Health...
Kimberly Lody to depart as Sonida CEO; Brandon Ribar to succeed her
By
Lois A. Bowers
Aug 04, 2022
Kimberly Lody is stepping down as CEO of Dallas-based Sonida Senior Living after holding the position since January 2019, the company announced Thursday morning.
Diversified Healthcare Trust’s senior living portfolio sees month-over-month improvements
By
Kathleen Steele Gaivin
Oct 25, 2023
The performance of Diversified Healthcare Trust’s senior housing operating portfolio, or SHOP, improved slightly in September, despite the company’s uphill climb with a post-pandemic recovery. That’s...
Senior housing and care acquisition numbers reach record high in fourth quarter
By
Amy Novotney
Jan 15, 2021
Despite a surge in COVID-19 cases nationwide, the number of publicly announced senior housing and care acquisitions in the fourth quarter of last year rose to a record high, with 120 deals announced, according...
Business briefs for Monday, July 6
Jul 06, 2020
Diversified Healthcare Trust maintains higher than expected occupancies during pandemic …House passes PPP application extension … Watercrest Senior Living Group breaks ground on new Myrtle Beach senior...
REITs look forward to stabilizing growing portfolios in coming decade
By
Kathleen Steele Gaivin
Jun 09, 2021
Occupancy rates likely have bottomed out, and growth opportunities are on the rise, according to presenters yesterday at Nareit’s REITweek Investor Conference.
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
American Healthcare REIT ‘bullish’ on long-term care prospects, exec says
By
Kathleen Steele Gaivin
Mar 25, 2024
American Healthcare REIT is “bullish” on the prospects for senior living and skilled nursing over the next several years, President and CEO Danny Prosky said on Friday’s earnings call with...
Invesque CEO ‘cautiously optimistic’ about senior living despite pandemic challenges
By
Kimberly Bonvissuto
Mar 12, 2021
2020 was a unique year in so many ways, challenging the senior living industry and companies operating within that sector.
Justice Department sues village for stalling on affordable housing project
By
Lois A. Bowers
Nov 28, 2016
An affordable housing project that could be home to older adults, senior living workers and others in the future has been impeded by an Illinois village in response to race-based opposition in the community,...