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.
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...
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.
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
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,...
All states must comply with forthcoming COVID vaccine mandate, former OSHA official says
By
Kathleen Steele Gaivin
Oct 29, 2021
Individual states do not have the authority to opt out of the emergency temporary standard on workplace COVID-19 vaccines and testing expected to be released soon by the Department of Labor’s Occupational...
Welltower planning more urban senior living communities, CEO says
By
Lois A. Bowers
Oct 31, 2018
Welltower has “a number of plans” to bring “next-generation” senior living communities to densely populated metropolitan areas with aging populations, CEO Tom DeRosa said Tuesday during the real...
Streamlined wage determination process could help address workforce crisis
By
Kimberly Bonvissuto
Apr 08, 2022
A more streamlined wage determination process for nurses will help the long-term care industry address a historic workforce crisis, according to industry experts.
Holiday Retirement names new CEO
By
Lois A. Bowers
Jan 05, 2016
Lilly Donohue becomes CEO of Holiday Retirement as Kai Hsiao transitions to the position of vice chairman to focus on personal health matters, according to the company.
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...