The National Assisted Living Quality framework released last month by health care real estate investment trust Welltower (NYSE: WELL) and Johns Hopkins Medicine (JHM) has the potential to establish a uniform set of best practices in assisted living and memory care communities across the country, and not just Welltower-owned properties. If that does indeed come […]
Category: Management & Operations
One of Brookdale Senior Living’s (NYSE: BKD) most vocal investors has weighed in on its previously reported proposal to split the company into a real estate investment trust (REIT) and an operator. Stamford, Connecticut-based investment management firm Land & Buildings on Monday released an open letter to Brookdale’s shareholders detailing a recent meeting with members of […]
One the largest non-profit Medicare Advantage (MA) health insurance companies in the nation is open to working with senior living providers as new benefits are rolled out in 2019. Senior housing operators across the country are evaluating Medicare Advantage opportunities in light of a change announced last April. That’s when the Centers for Medicare & […]
As senior living operators and owners start strategizing for 2019, they’re also looking back at how the industry has fared recently — and the statistics aren’t rosy. Yet, the numbers don’t tell the whole story, and some companies are bucking the trends with healthy profits and plans for growth. Looking at all major senior housing […]
Baby boomers and millennials have differing takes on when they want to retire and how they expect to spend those years, according to a survey conducted by Provision Living. The St. Louis-based operator manages 14 communities, offering assisted living and memory care services. Provision asked 2,000 Americans of all ages questions ranging from when they […]
A senior housing and long-term care operator that has managed properties for two sizable real estate investment trusts (REITs) is filing for bankruptcy. Senior Care Centers is filing for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas, the company announced Tuesday. The move will allow the Dallas-based company to tackle […]
The 12-month outlook ahead for non-profit continuing care retirement communities (CCRCs) looks steady, with continued demand for this type of senior living. Specifically, non-profit CCRCs are expected to benefit from favorable demographic trends and healthy residential real estate markets, both of which are pushing up demand for those communities, according to a new report from Fitch Ratings. […]
Crafting marijuana policies in senior housing is tricky, but it’s becoming more important with each passing year. There’s a good chance of at least some marijuana or cannabis product use among any senior housing resident population, according to Dr. Cari Levy, a professor of medicine at the University of Colorado Health Sciences Center and president of […]
One of Brookdale Senior Living’s (NYSE: BKD) most vocal investors has reportedly told management they should split the company into two parts, with one dedicated to real estate ownership and the other focused on operations. Activist investor Jonathan Litt, who heads up Stamford, Connecticut-based investment management firm Land & Buildings, told Brookdale management the company […]
Welltower (NYSE: WELL) has released the results of a study conducted for the health care real estate investment trust (REIT) by Johns Hopkins Medicine (JHM) that may eventually establish best operating practices in assisted living and memory care communities across the country. The National Assisted Living Quality report is the result of a three-plus-year process […]
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