Brookdale teams up with Executive Coaching Connections to support executive directors
By
Amy Novotney
Jun 18, 2020
In response to the leadership challenges presented by the COVID-19 pandemic, Brookdale Senior Living partnered with Chicago-based Executive Coaching Connections to pilot a leadership and professional development...
Residents an obvious target for financial scammers: expert
By
Amy Novotney
Jun 17, 2020
In any given year, the FBI estimates that millions of U.S. older adults are defrauded to the tune of approximately $3 billion. Further, just one in 44 of those cases are ever reported, according to the...
Long-term view of seniors housing remains positive: report
By
Amy Novotney
Jun 08, 2020
As COVID-19 continues to take a toll on seniors housing demand and profitability, a new global report from PGIM Real Estate ultimately makes the case for optimism in the sector.
Business briefs for Friday, June 5
Jun 05, 2020
House and Senate pass PPP modification bill … MedCore Partners and The National Realty Group break ground on Oklahoma senior living community … Best Personal Care sells Houston assisted living facility...
Healthpeak, Ventas receive nearly all of April and May rent from seniors housing operators
By
Amy Novotney
Jun 04, 2020
Chicago-based Ventas received substantially all April and May rents from its triple-net senior housing tenants, according to an investor presentation given by the real estate investment trust this week...
Treasury Department requires employers seeking small-business loan forgiveness to disclose job offer...
By
Amy Novotney
Jun 03, 2020
The Treasury Department has issued an interim final rule stating that borrowers using the Paycheck Protection Program who rehire employees and/or restore salary or wage levels by June 30 will still be...
Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...
Bondholders for Illinois CCRC file Chapter 11 plan of reorganization, suggest change to resident agreements
By
Amy Novotney
May 20, 2020
Bondholders Lapis Advisers LP and Amundi Pioneer Asset Management have filed a Chapter 11 plan of reorganization and disclosure statement for Bartlett, IL-based continuing care retirement community Clare...
Scenario planning is a powerful financial tool for senior living operators: Mace
By
Amy Novotney
May 19, 2020
The end of the coronavirus continues to be difficult to predict, but in the meantime, operators, investors and lenders can take contingency planning steps to address the myriad paths that may unfold, advises...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...