Pandemic likely to worsen financial woes for assisted living operators
By
Amy Novotney
Apr 10, 2020
Assisted living facilities have come under increased scrutiny during the COVID-19 pandemic. Challenges include deepening financial pressures, sicker residents, limited oversight and too few employees....
Capital Senior Living lost $36 million last year; COVID-19 costs won’t help
By
Amy Novotney
Apr 01, 2020
2019 was a reset year for Dallas-based Capital Senior Living as the company focused on strengthening fundamentals and preparing for long-term success, according to President and CEO Kimberly Lody, who...
Capital Senior Living to hold special meeting of stockholders over capital raise plan with Conversant
By
Amy Novotney
Sep 01, 2021
Capital Senior Living on Tuesday filed a definitive proxy statement and issued a letter to shareholders in connection with its upcoming special meeting of stockholders, slated for Oct. 12. The goal of...
Business briefs for Thursday, Dec. 3
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
Discovery Senior Living launches new regional brand with 16-property, $230M acquisition from Healthpeak
By
Amy Novotney
Feb 17, 2021
Discovery Senior Living and White Oak Healthcare REIT have acquired 16 senior living communities across Texas, North Carolina and New Mexico, through a joint venture announced Friday. The move, which Bonita...
Former Capital Senior Living CEO launches Trustwell Living
By
Amy Novotney
Jan 12, 2021
Lawrence Cohen, a senior living industry veteran and former CEO of Capital Senior Living, has taken the helm of newly launched senior living operating firm Trustwell Living, joined by three additional...
Capital Senior Living completes exit of all triple-net leases, establishes new management services business
By
Amy Novotney
Jan 11, 2021
Dallas-based operator Capital Senior Living has completed the previously announced exit of all its triple-net lease agreements and has established a new management services business to aid future growth.
We’re ‘on road to recovery,’ say execs at Brookdale, Capital Senior Living
By
Amy Novotney
Mar 12, 2021
The leading indicators all are pointing toward recovery, according to executives at both Brookdale Senior Living and Capital Senior Living during presentations this week at the Barclays Global Healthcare...
Business briefs for Tuesday, April 14
Apr 14, 2020
Capital Senior Living files registration statement for issuance of up to $150 million in securities … First quarter senior living M&A activity falls to lowest in two years … Vincent Development receives...
Capital Senior Living suspends director equity awards
By
Amy Novotney
Mar 30, 2020
In light of the current economic conditions, the Board of Directors for Capital Senior Living on Monday approved a temporary suspension of equity awards to any director or officer of the company. The Compensation...