Welltower to develop ‘next generation’ of senior housing via UK joint venture
By
Lois A. Bowers
Feb 17, 2022
A new 50/50 joint venture will enable real estate investment trust Welltower and global investors Reuben Brothers “to generate significant future growth opportunities through the development of the next...
Search to move-in usually takes six months or less: research
By
Lois A. Bowers
Sep 17, 2021
The majority (78.7%) of those searching for a senior living community or skilled nursing facility for themselves or a family member to move into are looking to relocate to a community in six or fewer months,...
Siemens to acquire Brightly Software, formerly Dude Solutions, in $1.6 billion deal
By
Lois A. Bowers
Jun 28, 2022
Cary, NC-based Brightly Software, formerly known as Dude Solutions, will be acquired by Zug, Switzerland-based Siemens Smart Infrastructure in a $1.575 billion deal, plus earn-out, Siemens announced Monday.
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
U.S. assisted living charges range from $50,892 to $62,976 per year, on average: survey
By
Lois A. Bowers
Apr 03, 2020
Assisted living operators nationwide in 2019 charged average monthly prices from $4,241 for a studio apartment to $5,248 for a two-bedroom unit, but pricing varied greatly based on location, according...
COVID-19 public health emergency extended again
By
Lois A. Bowers
Jul 15, 2022
The federal public health emergency related to COVID-19 was renewed Friday “[a]s a result of the continued consequences” of the pandemic, the Department of Health and Human Services announced Friday.
Welltower buys 25-property portfolio for $502 million, will ‘significantly expand’ presence in active...
By
Lois A. Bowers
Jun 06, 2022
Welltower’s acquisition of a 25-property senior apartment portfolio from Wheatfield, NY-based Calamar Inc. for $502 million will “significantly expand its market leadership” in active adult housing...
Sonida Senior Living makes first acquisition in 5 years amid ‘a lot of good news’
By
Lois A. Bowers
May 24, 2022
Sonida Senior Living made its first acquisition in almost five years in the first quarter, when the company also experienced “a lot of good news” regarding occupancy and revenue growth, executives...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Argentum, AHCA/NCAL, LeadingAge execs make ‘top lobbyists’ list
By
Lois A. Bowers
Dec 03, 2021
Leaders from Argentum, the American Health Care Association / National Center for Assisted Living and LeadingAge have been named to The Hill’s “Top Lobbyists 2021” list, published Wednesday.