Seniors housing a ‘best bet’ for investors: report
By
Lois A. Bowers
Jan 17, 2018
Several factors are converging to make seniors housing one of the “expected best bets” for investors this year, according to a new report.
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.
HUD accepting comments on $15 million supportive services pilot project
By
Lois A. Bowers
Oct 25, 2017
A $15 million, three-year U.S. Department of Housing and Urban Development project that will test the ability of an enhanced supportive services model to help elderly residents of affordable housing properties...
Expanding support for affordable senior housing part of presidential hopeful Amy Klobuchar’s plans
By
Lois A. Bowers
Jan 06, 2020
Expanding support for affordable senior housing is one of the actions Sen. Amy Klobuchar (D-MN), a candidate for the Democratic nomination for president in the 2020 election, said she would take in her...
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
New program will train nurses for work outside hospitals
By
Lois A. Bowers
Jun 14, 2016
The Rutgers School of Nursing will train nurses to work in continuing care retirement communities and other nonhospital settings through a new residency program, the school announced Monday.
Capital Senior Living incurs $1.4 million in COVID costs in third quarter
By
Lois A. Bowers
Nov 06, 2020
Capital Senior Living said it incurred approximately $1.4 million in COVID-related costs in the third quarter, making its 2020 COVID-related cost total to date $4.6 million. Total operating expenses for...
Lyft, GreatCall test senior transportation program
By
Lois A. Bowers
Aug 30, 2016
Older adults in select markets who use Jitterbug cell phones will be able to arrange for transportation from ride-hailing service Lyft under a new pilot program announced Tuesday.
Provider groups vow to continue work with policymakers to address middle-market challenges
By
Lois A. Bowers
Apr 26, 2019
Senior living advocates told McKnight’s Senior Living they will continue working with policymakers and others to try to ensure that middle-market adults have housing and care options as they age.
CareTrust REIT hasn’t ‘written off’ senior living, CEO says
By
Lois A. Bowers
Nov 10, 2022
CareTrust REIT’s investment pipeline consists primarily of skilled nursing and behavioral health properties right now rather than senior living communities, Chief Investment Officer Mark Lamb said Wednesday...