CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
Service line diversification offers growth opportunities for senior living: Ziegler
By
Kimberly Bonvissuto
Feb 28, 2022
As senior living operators consider strategic opportunities for growth in the wake of the coronavirus pandemic, service line diversification offers a variety of options, according to specialty investment...
CareTrust REIT addresses ‘cracks in foundation’ with investment in new asset class
By
Kimberly Bonvissuto
Feb 18, 2022
With the pandemic and labor challenges exposing a “few cracks in the foundation” involving long-term care, CareTrust REIT is taking advantage of a sellers’ market and expanding into a new asset class.
REIT ownership linked to decline in RN staffing, increases in LPN, CNA use
By
Kathleen Steele Gaivin
Jan 27, 2023
Nursing homes, after being purchased by a real estate investment trust, are likely to see increases in licensed practical nurse and certified nursing assistant staff hours per resident day of 2.15% and...
Parkinson: ‘Green shoots’ indicate occupancy is troughing, but pace of recovery still uncertain
By
Amy Novotney
Apr 08, 2021
The stocks of senior living and skilled nursing-focused real estate investment trusts have outperformed expectations since the first COVID-19 vaccine announcement last November raised hopes of a quick...
People in the news, Feb. 16
By
Kimberly Bonvissuto
Feb 16, 2021
Appointments, promotions and news at Bridges by EPOCH, Cadence Living, CareTrust REIT, LeadingAge Illinois, Pathway Health, Sharps Compliance and Sunrise Senior Living.
‘Wave of demand’ coming in senior living, experts say
By
Kathleen Steele Gaivin
Jan 11, 2023
Senior living is a growth sector, John Chang, senior vice president of research services at Marcus & Millichap, said during a Tuesday afternoon webcast sponsored by the real estate investment services...
Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
Pandemic highlights value of senior living for adult children, leaders say
By
Lois A. Bowers
May 11, 2020
One of the positive effects arising from this pandemic, some industry leaders say, is a growing appreciation of senior living among people whose parents are the age of prospective residents.
Ventas, CareTrust REIT hope for COVID aid for senior living
By
Lois A. Bowers
Aug 10, 2020
Ventas and CareTrust REIT executives said Friday they are hopeful that senior living operators will receive assistance to battle the coronavirus in the next federal aid package.