‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
UPDATED: Merger of Good Samaritan, Ebenezer parent organizations called off
By
Lois A. Bowers
Jul 27, 2023
The planned merger of the parent companies of two of the largest not-for-profit senior living and care organizations in the country, announced in November, has been called off.
Marilynn Duker to receive 2023 McKnight’s Women of Distinction Lifetime Achievement Award
By
Lois A. Bowers
Apr 13, 2023
Marilynn Duker, co-chair of Brightview Senior Living, has been selected as this year’s Lifetime Achievement Award winner in the McKnight’s Women of Distinction program.
CareTrust REIT decides to keep 14 senior living properties previously marked for change
By
Lois A. Bowers
Feb 13, 2023
The REIT decided to keep 14 senior living communities previously designated as candidates for sale, repositioning or restructuring.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
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.
AHCA/NCAL wants long-term care residents, staff vaccinated against COVID by March 1
By
Lois A. Bowers
Dec 08, 2020
Governors and public health officials should ensure that residents and employees of long-term care facilities are prioritized before everyone else for COVID-19 vaccination and that they receive both doses...
Covia, Ziegler Link•age Funds to invest, test Dr. Bill Thomas’ Minka as potential middle-market senior...
By
Lois A. Bowers
Jul 06, 2020
A new partnership between nonprofit aging services organization Covia Group and Ziegler Link•age Funds will invest in Minka Homes & Communities, co-founded by Dr. Bill Thomas, to test the model as a...