Per-unit price in senior living increases to $175,600 in second quarter
By
Lois A. Bowers
Aug 30, 2018
Seniors housing properties continue to draw healthy bids, with buyers paying relatively high prices over the past couple of years, according to the National Investment Center for Seniors Housing & Care.
Adults 80+ have higher median reported losses from fraud than other age groups — by far
By
Lois A. Bowers
Oct 24, 2019
Adults aged 80 or more years have reported to the Federal Trade Commission median losses of $1,800 per person due to fraud so far this year, according to new data released Wednesday along with a report...
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.
Median loss to fraud higher for adults in their 80s than for any other age group: FTC
By
Lois A. Bowers
Nov 01, 2021
Adults 80 or older who made fraud reports to the Federal Trade Commission’s Consumer Sentinel Network, or who had reports made on their behalf, lost a median of $1,300 to fraud in 2020, according to...
Brookdale sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Brookdale suitor reportedly defaults on $174 million in debts
By
Lois A. Bowers
Apr 26, 2018
A Chinese developer said to have been involved in negotiations to buy Brookdale Senior Living last year reportedly has defaulted on more than $174 million in debt.
A new middle-market senior living brand, Truewood by Merrill, has been launched by Merrill Gardens and is gradually rolling out to 23 communities in 13 of the 20 states in which the company operates.
‘Often painful’ decisions led to Welltower’s current success, CEO Thomas DeRosa says
By
Lois A. Bowers
Oct 30, 2019
Welltower’s seniors housing triple-net lease portfolio saw 3.4% year-over-year same-store growth in the quarter, and the senior housing operating portfolio continued to perform above the REIT’s expectations,...
Prospective residents, adult children prioritize different aspects of communities
By
Lois A. Bowers
Oct 11, 2018
Older adults and their adult children prioritize different aspects of senior living when considering retirement communities, according to new research.
Former med tech charged with 3 felonies for alleged theft of resident’s painting, other property
By
Lois A. Bowers
Jun 20, 2018
A former worker at a California senior living community faces up to five years in prison if convicted of three felonies and a misdemeanor related to thefts of property belonging to his employer and residents,...