Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
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...
Nursing homes struggle with tighter reimbursement environment, expert says
By
Kathleen Steele Gaivin
Mar 20, 2024
Nursing home funding challenges, capital and private equity firms were among the subjects of a webinar Tuesday sponsored by the Long Term Care Community Coalition.
Ventas to take over Santerre skilled nursing, senior living, medical office properties
By
Kathleen Steele Gaivin
Apr 03, 2023
Ventas will assume ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, the Chicago-based real estate investment trust announced...
Keswick plans multi-year, $65 million project to move to household model, add assisted living memory...
By
Kathleen Steele Gaivin
Nov 10, 2023
A multi-year, $65 million capital project will transform the residential areas of Keswick’s long-term care campus to the “household” model and expand services to include assisted living memory care,...
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
$12 million available for assisted living to ‘build long-term resiliency’ in wake of COVID-19
By
Kimberly Bonvissuto
Nov 18, 2022
Assisted living and other long-term care providers in Pennsylvania are eligible to apply for almost $12 million in federal funding to invest in workforce and infrastructure needs to build “long-term...
People in the news, Dec. 6
Dec 06, 2022
Appointments, promotions and other news at Arden 55+ Living, ATI Advisory, Ecore International, EmpowerMe Wellness, Georgia Health Care Association, HMP Senior Solutions, Lutheran Services in America,...
Private letter ruling gives Welltower added flexibility in managing independent living units
By
Kathleen Steele Gaivin
Nov 28, 2022
A private letter ruling by the Internal Revenue Service will provide Toledo, OH-based Welltower with “significant flexibility” in operating its approximately 45,000 independent living units, the real...
Welltower announces new senior living partner, new strategic adviser
By
Kimberly Bonvissuto
Feb 17, 2023
Despite remaining “underwhelmed” by early-2022 results, Welltower CEO Shankh Mitra said Thursday that he’s pleased with the underlying improvements to the company’s operating platform and talent...