As with almost every other aspect of society, baby boomers seem destined to transform the business of aging. As a result, the senior housing industry is likely to see the boomers force a redesign, as several...
Actions & Transactions, Sept. 2
By
Amy Novotney
Sep 02, 2021
Cambridge provides $7M HUD loan to refinance Chicago SNF Alden Princeton Rehabilitation and Health Care Center … Asbury Communities acquires Pen Argyl, PA, retirement community Chandler Estate … SNF...
Capital Senior Living to hold special meeting of stockholders over capital raise plan with Conversant
By
Amy Novotney
Sep 01, 2021
Capital Senior Living on Tuesday filed a definitive proxy statement and issued a letter to shareholders in connection with its upcoming special meeting of stockholders, slated for Oct. 12. The goal of...
Business briefs for Wednesday, May 5
By
Amy Novotney
May 05, 2021
Occupancy recovery key to avoiding industry-level cash flow issues, Omega execs say … Technology service firm Enseo expands into senior living … Officials pledge reimbursement boost, wage increases...
Actions & Transactions, May 4
By
Amy Novotney
May 04, 2021
Senior Living Investment Brokerage facilitates $8M sale of Oregon assisted living and memory care community … Ensign Group acquires skilled nursing facility in Terrell, TX …
KT Urban partnering...
Business briefs for Thursday, April 29
By
Amy Novotney
Apr 29, 2021
Florida criminalizes abuse, financial exploitation of senior citizens … Despite recovering economy, Fed keeps interest rates near zero … Senior housing ready for comeback, industry execs say … Resident...
Employee layoffs begin as Five Star exits SNF business
By
Amy Novotney
Apr 27, 2021
Five Star Senior Living has begun notifying states that it intends to close its skilled nursing units at several long-term care facilities around the country.
Lument assists Midwest senior living and care operator with innovative employee stock ownership plan...
By
Amy Novotney
Apr 26, 2021
Lument recently assisted one of the Midwest’s largest senior living and care owner–operators with an innovative stock ownership plan transaction, the commercial real estate finance firm announced Friday.
Business briefs for Friday, April 23
By
Amy Novotney
Apr 23, 2021
HumanGood, Living Care Retirement Community announce affiliation … Wisconsin Lawmakers propose $77 million investment in the state’s long-term care workforce … Focus on staffing before moving into...
Operational, design changes adopted during pandemic will continue: survey
By
Amy Novotney
Apr 23, 2021
The COVID-19 pandemic severely affected the senior living sector, and the disruption likely will generate long-term changes in design and operations, according to a survey of 200 industry professionals...