Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Per-unit price in senior living increases to $175,600 in second quarter
By
Lois A. Bowers
Aug 30, 2018
Seniors housing properties continue to draw healthy bids, with buyers paying relatively high prices over the past couple of years, according to the National Investment Center for Seniors Housing & Care.
People in the news, Jan. 22
Jan 22, 2019
Appointments at Erickson Living, Prorize and Remedi SeniorCare.
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.
Adults 80+ have higher median reported losses from fraud than other age groups — by far
By
Lois A. Bowers
Oct 24, 2019
Adults aged 80 or more years have reported to the Federal Trade Commission median losses of $1,800 per person due to fraud so far this year, according to new data released Wednesday along with a report...
Brookdale sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Brookdale suitor reportedly defaults on $174 million in debts
By
Lois A. Bowers
Apr 26, 2018
A Chinese developer said to have been involved in negotiations to buy Brookdale Senior Living last year reportedly has defaulted on more than $174 million in debt.
Elevation enters Indiana, sets records with acquisition
By
Lois A. Bowers
Jan 14, 2020
Elevation Real Property Fund VII’s purchase of a 496-unit affordable senior living community in Indiana for $20 million marks the largest property acquisition in company history — in both unit count...
‘Often painful’ decisions led to Welltower’s current success, CEO Thomas DeRosa says
By
Lois A. Bowers
Oct 30, 2019
Welltower’s seniors housing triple-net lease portfolio saw 3.4% year-over-year same-store growth in the quarter, and the senior housing operating portfolio continued to perform above the REIT’s expectations,...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
