3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Brookdale refinances $619 million in mortgage debt to increase liquidity
By
Lois A. Bowers
Sep 01, 2017
Brookdale Senior Living has refinanced $618.9 million in outstanding mortgage debt, including $389.9 million of debt that was scheduled to reach maturity next year, through a $975 million credit facility...
Legislators look to ‘tap the breaks’ on private equity investments in healthcare, expert says
By
Kathleen Steele Gaivin
Jun 21, 2023
Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic...
Formaldehyde exposure at work tied to cognitive impairment
Dec 27, 2021
A longer duration of exposure and higher cumulative exposure over an entire working life may increase the risk for cognitive impairment.
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,...
AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
People in the news, Jan. 25
Jan 25, 2017
Appointments, promotions, awards and other news from Charles E. Smith Life Communities, Cornerstone Healthcare Group Holding, Erickson Senior Living, HCP, Healthcare Realty Trust, Integrace, LCB Senior...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Skilled nursing deals see record year amongst senior housing and care M&A
By
Kathleen Steele Gaivin
Jan 12, 2023
Skilled nursing transactions set a record in 2022 for the highest number of transactions in a single year, according to data from LevinPro LTC.
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.