It should come as no surprise that leaders of the largest publicly traded real estate investment trusts in senior housing—and the nation’s largest provider—topped this list of highest paid senior living executives in 2016. Company leaders at Welltower (NYSE: HCN), Ventas (NYSE: VTR) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation in 2016, which includes base salary, […]
The president and COO of Capital Senior Living (NYSE: CSU), one of the largest senior living operators in the country, has died after a battle with cancer. Keith Johannessen, who was also a member of the company’s board of directors, passed away on Dec. 20, according to a press release issued Wednesday. “Keith was a […]
Welltower Welcomes New VP of Investments Welltower Inc. (NYSE: HCN) hired Kevin Tyler as vice president of investments for the real estate investment trust (REIT). Tyler joins Welltower from Green Street Advisors, where he was an analyst and health care sector head. He has almost 15 years of experience in real estate, health care and […]
Welltower Foundation Launches to Promote Wellness Welltower Inc. (NYSE: HCN) launched the Welltower Foundation, an organization aimed at promoting wellness, encouraging a high quality of life for aging populations and supporting other groups and innovations that do the same. Erin Ibele has been named president of the foundation. The foundation’s first course of action is […]
Capital Senior Living Corporation recently reached a significant milestone with the acquisition of its 100th senior living community and is in the process of completing the purchase of another one for a combined $32.8 million. The communities are in Missouri and Ohio and offer independent living, assisted living, and memory care with an average occupancy […]
Capital Senior Living Corporation (NYSE:CSU) announced on Wednesday it had completed the acquisition of eight senior living communities for $72.9 million. The communities are located in Texas, Indiana, and Ohio and offer assisted living and memory care. Average occupancy for the eight-property portfolio is above 95%, with average monthly rents of about $3,200. The acquisition will […]
Top executives from several different senior living companies weighed in on a variety of topics ranging from adjusting strategies to accommodate rising acuity levels to thoughts on development versus acquisitions at the National Investment Center for the Seniors Housing & Care Industry’s (NIC) annual national conference, held last week in Chicago, Ill. Here’s a collection […]
