Avendelle Assisted Living looks to expand through franchising
By
Kathleen Steele Gaivin
Jun 03, 2024
Raleigh, NC-based Avendelle Assisted Living plans to expand its footprint through franchising with partners in all states, as well as international territories.
Business briefs, June 4
By
Kathleen Steele Gaivin
Jun 04, 2024
Benchmark at Alexandria partners with Curana Health for on-site supportive care for residents … ADvancing States leads cross-state caregiving collaborative … Fitch Ratings removes Village of Germantown...
Actions & Transactions, May 28
By
Kathleen Steele Gaivin
May 28, 2024
Shell Point Retirement Community to borrow $260M for expansion, including hurricane-grade shelter … Bethesda breaks ground on active adult community in Wilmar, MN … Blueprint advises Birchwood Healthcare...
CareTrust REIT reports SNFs deals totaling $180 million
By
Kathleen Steele Gaivin
Jun 05, 2024
CareTrust REIT has purchased or funded the purchase of 13 skilled nursing facilities in two deals totaling approximately $180 million, the company announced Tuesday.
Healthcare Trust sees ‘ongoing improvement’ in SHOP performance
By
Kathleen Steele Gaivin
May 31, 2024
Net operating income in Healthcare Trust’s senior housing operating portfolio, or SHOP, increased by 23.5% to $8.3 million quarter over quarter, CEO Michael Anderson said Thursday in a first-quarter...
Los Angeles, DC, New York top EPA’s list of cities with the most Energy Star-certified buildings
By
Kathleen Steele Gaivin
May 24, 2024
Los Angeles, Washington, DC, and New York City are the three cities with the most Energy Star-certified buildings, according to the Environmental Protection Agency.
Actions & Transactions, May 21
By
Kathleen Steele Gaivin
May 21, 2024
ESI arranges sale of Shrewsbury, MA, CCRC … Church, partners cut ribbon on affordable housing community for seniors in Placentia, CA … Senior living community set to open next month near Rapid City,...
Provider groups partner to strengthen workforce, improve care coordination
By
Kathleen Steele Gaivin
May 15, 2024
The Florida Health Care Association and the Florida Assisted Living Association will collaborate to try to strengthen the long-term care workforce and improve the coordination of high-quality care.
Updated: LaVie Care Centers files for bankruptcy; asset sales possible this year
By
Lois A. Bowers
Jun 03, 2024
Atlanta-based LaVie Care Centers, which operates 43 licensed skilled nursing facilities in five states, has filed for Chapter 11 bankruptcy, with asset sales possible.
Industry groups launch online resource for senior living and care careers
By
Kathleen Steele Gaivin
May 14, 2024
The Minnesota state partner of LeadingAge and Argentum and the state affiliate of the American Health Care Association/National Center for Assisted Living have partnered on an online resource meant to...