Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
Uptick in demand means opportunities for senior living investors: report
By
Kathleen Steele Gaivin
May 25, 2023
The long-term outlook for the US senior living market is positive, according to Berkadia’s US Seniors Housing Commentary for Spring 2023.
Long-term care mergers and acquisitions increase year over year
By
Kathleen Steele Gaivin
Apr 11, 2024
Mergers and acquisitions involving senior living communities and skilled nursing facilities increased by 34% year over year in the first quarter, according to data from LevinPro LTC.
Senior living investors struggle with near-term challenges
By
Kathleen Steele Gaivin
Nov 03, 2023
Senior living deals have been fraught this year with near-term challenges, such as higher interest rates, instability of some regional banks and turbulent capital markets, according to a new report from...
Senior housing demand expected to exceed pre-pandemic levels within 5 years: report
By
Kathleen Steele Gaivin
Mar 16, 2023
Demand for senior housing — independent living, assisted living and memory care — could well exceed pre-pandemic levels within the next five years, thanks to the growth of the 75+ demographic in the...
Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations
By
Kathleen Steele Gaivin
Mar 29, 2024
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement announced Wednesday that the organizations...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...