New York-based global investment firm KKR & Co. is a new financial partner for Benchmark Senior Living, buying 48 communities that formerly were owned by real estate investment trust Welltower.
Diversity ‘even more critical’ in senior living
By
Lois A. Bowers
Aug 12, 2019
Companies operating in senior living increasingly are taking steps to make their boards and C-suites look more like the customers they serve and the workers who serve them. It’s a smart and welcome...
Welltower encouraged by first-quarter senior housing performance
By
Lois A. Bowers
May 01, 2019
Welltower executives Tuesday said first-quarter senior housing operator portfolio results exceeded expectations in rate, occupancy and labor costs.
Big senior living stories of 2022
By
Lois A. Bowers
Dec 22, 2022
Here are some of the major stories that affected senior living providers in 2022.
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
Welltower inks $368 million deal for 4 Sunrise CCRCs
By
Lois A. Bowers
Jan 03, 2018
Toledo, OH-based Welltower has agreed to pay $368 million to Newton, MA-based Senior Housing Properties Trust for four rental continuing care retirement communities managed by Sunrise Senior Living, the...
Senate leader promises coronavirus relief this week as U.S. cases, deaths increase and senior living...
By
Lois A. Bowers
Mar 18, 2020
As coronavirus disease 2019 (COVID-19) spreads in the U.S. and senior living companies face increasing challenges, the Senate on Tuesday did not vote on a relief bill passed by the House. Senate Majority...
Atria, Related, Spitzer and Welltower announce New York City senior living high-rise
By
Lois A. Bowers
Feb 07, 2020
A joint venture between Atria Senior Living and real estate firm Related Companies, with developer Spitzer Enterprises and real estate investment trust Welltower, on Thursday closed on a partnership that...
People in the news, Jan. 21
By
Lois A. Bowers
Jan 21, 2020
Promotions and appointments at Acts Retirement-Life Communities, Birch Bay Retirement Village, Buckner Retirement Services, Capitol Seniors Housing, CareOne, Catholic Eldercare, Cogir Management USA, Erickson...
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.