New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
New Senior moving 51 Holiday properties from leased to managed portfolio
By
Lois A. Bowers
May 11, 2018
New Senior Investment Group is moving a group of 51 Holiday Retirement communities that have “lagged expectations” from its triple-net lease portfolio to its portfolio of managed properties...
New Senior Investment Group explores ‘strategic alternatives’
By
Lois A. Bowers
Feb 26, 2018
Citing “negative pressures” related to supply and increased competition, New Senior Investment Group CEO Susan Givens said Friday that the real estate investment trust is considering various...
Effects of Holiday management transition lingered in third quarter, New Senior says
By
Lois A. Bowers
Nov 07, 2017
Holiday Retirement’s operating model change from live-in property managers to more traditional executive directors continued to affect occupancy in New Senior Investment Group’s independent...
New Senior to sell LCS, Holiday properties for $296 million
By
Lois A. Bowers
Oct 06, 2017
New Senior Investment Group will decrease its skilled nursing exposure and increase its independent living exposure before the end of the year when it completes the sale of $296 million in Life Care Services...
Enlivant cracks top 10 list of largest senior housing owners
By
Lois A. Bowers
Sep 01, 2017
Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.
Holiday occupancy steadily improving, NHI says
By
Lois A. Bowers
Aug 09, 2017
Holiday Retirement properties in real estate investment trust NHI’s portfolio have seen a steady increase in occupancy over the past three months as the country’s largest independent living...
Occupancy declines at Holiday continue to affect New Senior
By
Lois A. Bowers
Aug 03, 2017
Holiday Retirement’s operating model transition, which saw community oversight change from live-in managers to more traditional executive directors over the past year, continued to affect occupancy...
New Senior shareholder sues over $640 million acquisition of Holiday properties
By
Lois A. Bowers
Jun 19, 2017
A New Senior Investment Group shareholder has amended a lawsuit that alleges that members of the real estate investment trust’s board acted in their own self-interest when they acquired 28 independent...
Holiday management transition hurting occupancy, New Senior says
By
Lois A. Bowers
May 07, 2017
Holiday Retirement’s transition from live-in property managers to more traditional executive directors has negatively affected occupancy at its communities, New Senior Investment Group executives...