Appointments and promotions at AHCA / NCAL, AHEPA, Bane Care Management, Cadence Living, Cypress Cove, Harmony Senior Services, Integral Senior Living, Legend Senior Living, Life Enriching Communities,...
Senior housing deals drop to new low in Q3
By
Kimberly Marselas
Oct 13, 2020
Publicly announced acquisitions in the senior housing and care fell to a new low in the third quarter, according to a report.
Analysts mull DeRosa’s departure from the helm at Welltower
By
Amy Novotney
Oct 08, 2020
Following the announcement earlier this week that Thomas DeRosa is stepping down as Welltower’s CEO, several analysts noted that although the timing of the announcement was unexpected, the choice for...
Welltower announces $902M in seniors housing dispositions
By
Amy Novotney
Oct 06, 2020
Toledo, OH-based Welltower announced several sales Monday from the firm’s seniors housing portfolio totaling $902 million.
Seniors housing REITs a risky investment right now: Motley Fool
By
Amy Novotney
Oct 06, 2020
The COVID-19 pandemic has turned many formerly safe investments into potentially risky ventures. These include seniors housing real estate investment trusts, according to a Motley Fool analysis.
People in the news, Oct. 6
By
Kimberly Bonvissuto
Oct 06, 2020
Appointments, promotions and departures at Bluespire, Brookdale Senior Living, KARE, Lancaster Pollard, National Church Residences, Pleasant Acres Christian Haven, Retirement Unlimited, Thurston Woods...
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...
Business briefs for Thursday, Sept. 24
Sep 24, 2020
KeyBank arranges $38M in financing for renovation of Ohio affordable seniors housing community … Greystone provides $13.9M in HUD-insured financing for Seattle seniors housing property … Monticello...
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
McKnight’s 40 for 40: Thomas J. DeRosa
By
Lois A. Bowers
Sep 14, 2020
Those hoping to get a sneak peek into the future of senior living might consider studying the playbook of Toledo, OH-based Welltower. The REIT has displayed innovative thinking under Tom DeRosa, who has...