Omega Healthcare Investors’ first-quarter financial performance resulted in “higher-than-expected interest income as well as earlier-than-anticipated cash payments received related to a turnaround...
Scott White to step down as Invesque CEO; will be succeeded by Adlai Chester
By
Kathleen Steele Gaivin
May 06, 2024
Scott White, chairman and CEO of Fishers, IN-based healthcare real estate company Invesque, will step down from the CEO role effective May 10, the company has announced. He will be succeeded by Chief Financial...
Business briefs, May 6
By
Kathleen Steele Gaivin
May 06, 2024
Senator seeks more than $853M for affordable senior housing … ‘We are Watercrest’ campaign celebrates collective vision and values … Richmond SNF opens region’s first in-center dialysis unit
Actions & Transactions, May 6
By
Kathleen Steele Gaivin
May 06, 2024
ESI arranges $6.1M sale of Knoxville, TN, senior living community … Blueprint facilitates divestiture process for Cleveland-area senior living community … Lupe Development opens $52M senior living...
Ensign Group has ‘remarkable momentum’ after record first quarter: CEO
By
Kathleen Steele Gaivin
May 03, 2024
“After another record quarter, we are excited about the remarkable momentum our teams have created across our entire portfolio and look forward to seeing that continue throughout the year,” Ensign...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Broad-based hiring accelerated: ADP
By
Kathleen Steele Gaivin
May 03, 2024
“Hiring was broad-based in April,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with an ADP National Employment Report Economy Lab report.
Business briefs, May 3
By
Kathleen Steele Gaivin
May 03, 2024
FTC, DOJ and HHS extend to June 5 comment period on cross-government inquiry into private equity in healthcare … Ventas plans to expand senior living footprint , building on ‘unprecedented’ growth...
Actions & Transactions, May 3
By
Kathleen Steele Gaivin
May 03, 2024
Dwight Capital & Dwight Mortgage Trust close $152.5M in senior housing transactions during Q1 … Capital Markets arranges financing for senior living property in Glendale, AZ … Clearwater Living acquires...
New Perspective buys 6 communities using $200M+ in capital, with plans for $500M in future acquisitions
By
Kathleen Steele Gaivin
May 02, 2024
Senior living operator New Perspective will use more than $200 million in bridge loans, preferred equity and common equity from BMO, Fengate and Boldt to buy and finance six senior living communities with...