Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Updated: Healthpeak Properties to merge with Physicians Realty Trust in $21 billion deal
By
Lois A. Bowers
Oct 30, 2023
Denver-based real estate investment trust Healthpeak Properties, with a portfolio that includes 15 continuing care retirement communities, will merge with Milwaukee-based Physicians Realty Trust in an...
Ventas to acquire New Senior Investment Group in $2.3 billion transaction
By
Lois A. Bowers
Jun 28, 2021
Real estate investment trusts Ventas and New Senior Investment Group will merge in an all-stock transaction valued at $2.3 billion, including $1.5 billion of New Senior debt, the companies announced Monday...
More COVID-19 relief needed before January, provider groups say
By
Lois A. Bowers
Nov 10, 2020
While congratulating President-elect Joe Biden and Vice President-elect Kamala Harris on their victories at the polls, executives of the American Health Care Association/National Center for Assisted Living...
Omega, Omnicare executives talk about the importance of senior living
By
Lois A. Bowers
Aug 08, 2019
Omega Healthcare Investors and CVS Health Corp. executives talked about the importance of senior living to their plans Wednesday on their second-quarter earnings calls.
Proposed $35,000 threshold for overtime pay ‘reasonable,’ provider groups say, but concerns remain
By
Lois A. Bowers
Jun 03, 2019
Industry groups representing senior living organizations say they generally support the federal government’s proposed salary threshold of $35,308 under which executive, administrative, professional and...
Sabra looking forward to ‘fun part’ now that CCP merger is approved
By
Lois A. Bowers
Aug 16, 2017
Sabra Health Care REIT will continue efforts to diversify its asset base now that its merger with skilled nursing-focused Care Capital Properties has been approved by the boards of both companies, the...
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
COVID relief, assisted living regulation top of mind for industry after presidential election
By
Lois A. Bowers
Nov 09, 2020
With the presidential election over and former Vice President Joe Biden the projected winner, senior living industry association leaders say they are optimistic about future efforts related to the battle...
Brookdale shareholder calls for sale of owned real estate or entire company
By
Lois A. Bowers
Nov 12, 2018
Another Brookdale Senior Living shareholder is recommending that the country’s largest senior living community operator “sell its owned real estate or sell the entire company.”