Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
Review corporate gift, entertainment acceptance policies as holidays approach, experts advise
By
Kathleen Steele Gaivin
Nov 21, 2023
It’s the time of year that vendors try to spread holiday cheer, often in the form of gifts and entertainment. That means it’s also time to review corporate policies before accepting even the smallest...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
BWE secures $15.25 million in financing for affordable senior housing in 3 states
By
Kathleen Steele Gaivin
Nov 21, 2023
National commercial and multifamily mortgage banking company Bellwether Enterprise this month secured $15.25 million in permanent loans to finance affordable and senior housing communities in Austin, TX,...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
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...
Keswick plans multi-year, $65 million project to move to household model, add assisted living memory...
By
Kathleen Steele Gaivin
Nov 10, 2023
A multi-year, $65 million capital project will transform the residential areas of Keswick’s long-term care campus to the “household” model and expand services to include assisted living memory care,...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
DOL rule increases cap for H-2B nonimmigrant visas
By
Kathleen Steele Gaivin
Nov 22, 2023
US Citizenship and Immigration Services has issued a temporary final rule to increase the cap for H-2B nonimmigrant visas by up to 64,716 additional visas for fiscal year 2024.
Senior living and care a ‘study of paradox,’ expert says
By
Kathleen Steele Gaivin
Nov 15, 2023
Senior living and care today “is in many ways a study of paradox,” Aaron Becker, head of seniors housing and healthcare production at Lument, said Wednesday during a webinar sponsored by the commercial...