Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Navigate the middle market by checking the right boxes
By
Kimberly Bonvissuto
Mar 08, 2024
The 2019 “Forgotten Middle” study highlighted the need for housing and care for older adults with incomes too high to qualify for federal assistance but not enough resources to be able to afford private-pay...
Tech proactively addresses health risks in residents while creating new revenue streams
By
Kimberly Bonvissuto
Mar 15, 2024
A collaboration between a digital care technology company and a rehabilitation provider is proactively addressing health risks in senior living residents and providing downstream cost savings.
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
Workforce, advocacy, provider support comprise new LeadingAge strategic plan
By
Kimberly Bonvissuto
Apr 18, 2024
WASHINGTON, DC—On the second day of LeadingAge’s Leadership Summit 2024 here, Board Chair Roberto Muñiz, president and CEO of New Jersey-based Parker Health Group, urged members to share their stories...
DHC looks to senior living community sales, other strategies, to recover
By
Kimberly Bonvissuto
Nov 03, 2023
Diversified Healthcare Trust is implementing a recovery strategy to return the company to a position of growth, pinning its hopes on continued improvement in its senior housing operating portfolio, although...
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...
People in the news, April 30
Apr 30, 2024
Appointments, promotions and other news at Claiborne Senior Living, Interim HealthCare, Medical Guardian and Morning Pointe Senior Living.