‘Taking advantage of cost of equity’: Ventas acquisition of New Senior
By
Kathleen Steele Gaivin
Jun 29, 2021
Monday’s news that Ventas plans to acquire New Senior Investment Group in an all-stock transaction valued at approximately $2.3 billion “seems to be an indication that public companies are taking advantage...
Ventas to acquire New Senior Investment Group in $2.3 billion transaction
By
Lois A. Bowers
Jun 28, 2021
Real estate investment trusts Ventas and New Senior Investment Group will merge in an all-stock transaction valued at $2.3 billion, including $1.5 billion of New Senior debt, the companies announced Monday...
Independent living trends signal potential move to pandemic recovery: New Senior
By
Kimberly Bonvissuto
May 06, 2021
As vaccines roll out to the broader population, older adults and their families are growing more comfortable about moving into senior housing, driving up leads, move-ins and occupancy, according to New...
New Senior CEO cautiously optimistic about start of potential COVID-19 recovery
By
Amy Novotney
May 06, 2021
New Senior Investment Group reported funds from operations Wednesday of $9.6 million, or 11 cents per share, for the first quarter of the year.
Senior living and care REITs revived by early vaccinations: analysis
By
Amy Novotney
Apr 19, 2021
Early success in the initial vaccine roll-out has brought “new life” to many struggling senior living and skilled nursing-focused real estate investment trusts. New cases of COVID-19 are “nearly...
New Senior: March occupancy decline is expected to be the lowest since the start of the pandemic
By
Amy Novotney
Apr 08, 2021
New York City-based New Senior Investment Group reported Tuesday that although occupancy continued to decline in the first quarter, monthly occupancy trends have improved significantly.
New Senior to move 21 communities from Holiday to Atria to diversify portfolio
By
Lois A. Bowers
Feb 26, 2021
New Senior Investment Group will transition the management of 21 senior living communities in its 103-community portfolio from Holiday Retirement to Atria Senior Living in an effort to diversify the operator...
Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
People in the news, Jan. 26
By
Kimberly Bonvissuto
Jan 26, 2021
Appointments, promotions and news at Bethesda Senior Living Communities, Bowman Place at Olde Bedford, Buckner Retirement Services, Cadence Living, Erickson Living, Franciscan Ministries, Friendship Retirement...
Independent living model serves New Senior well during global pandemic: CEO
By
Kimberly Bonvissuto
Nov 02, 2020
New Senior Investment Group’s independent living model and more flexible expense structure have served it well during the pandemic, according to CEO and President Susan Givens.