REITs focused on long-term care are ‘unsung heroes’ of investing, asset manager says
By
Kathleen Steele Gaivin
Sep 29, 2023
Real estate investment trusts with portfolios heavy in skilled nursing and senior living assets are being called the “unsung heroes” among investments by the author of one online post.
Business briefs, Sept. 28
By
Kathleen Steele Gaivin
Sep 28, 2023
Diversified Healthcare Trust announces personnel changes as it considers next steps in wake of failed merger … Newly formed Senior Living Transformation Company partners with Omega Healthcare Investors...
Healthcare REIT ratings expected to hold despite staffing mandate, Fitch says
By
Kathleen Steele Gaivin
Sep 22, 2023
Real estate investment trusts that own skilled nursing facilities are not likely to see their ratings affected by a minimum staffing rule that will affect most nursing homes across the country within the...
Business briefs, Aug. 16
By
Kathleen Steele Gaivin
Aug 16, 2023
Federal bill would repeal retirement earnings test … DOL to offer online seminars on employment practice reg updates for federally funded contracts … Fitch rates Omega Health Investors’ term loan...
Actions & Transactions, Aug. 14
By
Kathleen Steele Gaivin
Aug 14, 2023
Omega enters into $400M senior unsecured term loan … National Church Residences debuts $30M independent living community in Columbus, OH … Affordable senior housing property opens in Charlotte, NC...
Maplewood Senior Living $2 million behind in rent, Omega Healthcare Investors says
By
Kimberly Bonvissuto
Aug 04, 2023
Second-quarter financial performance for Omega Healthcare Investors “exceeded our expectations,” as some restructured operators returned to paying rent and other operators paid additional unanticipated...
Omega 2Q financials ‘exceeded expectations,’ CEO says
By
Kathleen Steele Gaivin
Aug 04, 2023
Hunt Valley, MD-based Omega Healthcare Investors’ revenue for the second quarter was $250 million compared with $245 million for the same quarter a year ago, Chief Financial Officer Robert O. Stephenson...
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
Earnings call wrap-up: Welltower, Omega Healthcare Investors, CVS Health
By
Kathleen Steele Gaivin
May 04, 2023
CVS Health, Omega Healthcare Investors and Welltower reported Wednesday on their first-quarter 2023 earnings.
Maplewood Senior Living announces unexpected passing of CEO Greg Smith
By
Lois A. Bowers
Apr 03, 2023
Maplewood Senior Living and Inspīr President and CEO Gregory “Greg” Smith passed away “suddenly and unexpectedly” on Friday, the company announced Sunday.