When it comes to predicting what the seniors housing market will do, “it’s time to roll up your sleeves and…understand what’s going on in your properties and in your markets,”...
Solving senior living’s top challenge
By
Lois A. Bowers
Oct 01, 2015
When James Balda takes the microphone at insurer Genworth’s annual symposium on long-term care today, he’ll be discussing what senior living owners and operators have been telling him is the...
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
Sabra to exit Enlivant joint venture as portfolio takes $164.1 million hit in quarter
By
Lois A. Bowers
Aug 04, 2021
Sabra Health Care REIT plans to exit a joint venture with private equity firm TPG Real Estate through which it has a 49% stake in a portfolio of 158 Enlivant senior living communities, the Irvine, CA-based...
Assisted living ‘ignored’ in COVID-19 discussions, expert tells Senate Aging Committee
By
Lois A. Bowers
May 22, 2020
Although assisted living communities are home to residents who “are completely just as vulnerable” as nursing home residents to COVID-19, “we sort of tend to ignore them in these situations” because...
Provider groups dispute judge’s claim that senior living is unsafe during pandemic
By
Lois A. Bowers
Mar 31, 2020
A provider organization in Texas is educating residents, families and the general public about the relative safety of senior living communities and nursing homes during the COVID-19 pandemic after a public...
President signs CARES Act with $2.2 trillion in COVID-19 relief, extends national shutdown to April 30
By
Lois A. Bowers
Mar 30, 2020
President Trump on Sunday extended the voluntary national shutdown related to coronavirus disease 2019 (COVID-19) until April 30. The move followed his signing of the the $2.2 trillion “Coronavirus Aid,...
Capital Senior Living still has ‘going concern’ concerns
By
Lois A. Bowers
Nov 10, 2020
Occupancy challenges brought on by the coronavirus pandemic continue to raise “substantial doubt” about Capital Senior Living’s “ability to continue as a going concern,” the company said in a...
Sabra: Consumer ‘pandemic fatigue’ hurting senior living occupancy
By
Lois A. Bowers
Nov 09, 2020
Operating during the coronavirus pandemic has become the “new normal” for senior housing providers, with infection control protocols and restrictions that can be adapted based on local and state regulations...
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...