No time for Spring Break for this week’s group of Movers and Shakers. Looking to hire valuable talent for your senior housing or senior living related company? Attract that talent with free job postings on Senior Housing News.
Health Care REIT, Inc. (NYSE:HCN) earlier this week announced the pricing of its offering of $342,394,000 aggregate principal amount of 3.00% Convertible Senior Notes due 2029. The unsecured, senior obligations will mature on December 1, 2029 and will pay interest semi-annually at a rate of 3.00% per year. The notes may be redeemed, in whole [...]
Care Investment Trust Inc. (NYSE: CRE) ("Care"), a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt, announced that it has entered into a definitive agreement with Tiptree Financial Partners, L.P. ("Tiptree") for the sale of control of the Company through a combination of an equity investment by Tiptree [...]
Senior Living Investment Brokerage (SLIB) announces the sale of two assisted living facilities in Florida and Alabama. The Florida transaction was for $12.4 MM with 184 units that was constructed in 1999 and had an 89% occupancy level at the time of the sale. The seller, a national skilled nursing operator, decided that the sale [...]
A new study published in the Journal of Nursing Research, entitled “Effects of yoga on sleep quality and depression in elders in assisted living facilities” shows that after 6 months of performing yoga exercises, participants’ overall sleep quality had significantly improved, whereas depression, sleep disturbances, and daytime dysfunction had decreased significantly. A sample of 69 [...]
National Health Investors, Inc. (NYSE: NHI) announced a total of $29.7 million in purchase/leaseback transactions that include three assisted living and memory care facilities totaling 102 units in Minnesota with Suite Living Senior Specialty Services (formerly known as Comforts of Home) for $17.2 million and a 66-bed acute psychiatric hospital known as Alvarado Parkway Behavioral [...]
Lenity Group, a new senior senior-housing planning and design firm, recently celebrated its launch. Principals, Kristin Newland, Marcus Hite, and Dan Roach, AIA took the helm after Cliff Curry retired in December from his role as President of Curry Architecture. Curry Architecture, founded 30 years ago, worked together with partners such as Holiday Retirement and [...]
Dahlin Group Architecture Planning is celebrating its recent recognition for senior housing design with the receipt of a SAGE (Senior Achievement and General Excellence) Award from the 50+ Housing Council of the Building Industry Association of Southern California. Dahlin Group received a top honor for the "on the boards" category for Magnolia Courts, an active [...]
SHN’s Review of CNBC’s Boomer$! Hosted by Tom Brokaw
As a regular watcher of CNBC, I have been looking forward to watching “Boomer$!” and have seen some of CNBC’s other documentaries and thought some of them did a very good job at outlining the topics that they were covering. I felt the best was David Faber’s “House of Cards” which did a great job [...]