Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Brookdale Senior Living, Pennant, Sabra Health Care REIT and Welltower reported their third-quarter earnings on Tuesday. Here’s a roundup.
Partnerships critical to serving middle-income older adults, NIC speakers say
By
Lois A. Bowers
Mar 06, 2020
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.
CareTrust REIT leads real estate investment trusts in female board membership
By
Kathleen Steele Gaivin
Jun 15, 2022
Sixty percent of CareTrust REIT’s board members are women, making it the leader in this regard among publicly traded real estate investment trusts, according to an analysis by S&P Global Market Intelligence.
ProMedica sells home health, hospice business to Gentiva for $710 million
By
Kathleen Steele Gaivin
Mar 03, 2023
Toledo, OH-based ProMedica entered a definitive agreement this week to sell the company’s Heartland brand home health and hospice care business to Atlanta-based Gentiva for $710 million.
Monarch Communities, Welltower launch The Current brand with Weymouth, MA, community
By
Kathleen Steele Gaivin
Nov 17, 2023
Marsh, MD-based Monarch Communities, together with real estate investment trust Welltower, opened a “wellness-focused senior living concept” this week in Weymouth, MA. The Current Weymouth is the first...
Age-diverse ‘urban village’ model aims to keep older adults in the city
By
Kathleen Steele Gaivin
Feb 02, 2023
Repurposing downtown real estate into age-diverse housing could be a more affordable alternative to traditional retirement communities out in the suburbs, where older adults and other residents may feel...
Luxury buildings seek to help city seniors age where they’ve lived
By
Kathleen Steele Gaivin
Apr 29, 2022
Metropolitan seniors are being drawn to new, luxury senior living communities that rival high-end hotels, appealing to older adults who have spent their lives as city dwellers and have no desire to leave.