Ventas Inc. (NYSE: VTR) sees more similarities than differences between the senior housing markets in the United States and the United Kingdom and is bullish on the prospects for growth across the pond. That’s according to Carrie Hiebeler, a senior investment officer with the Chicago-based real estate investment trust (REIT), one of the largest senior […]
HCP Inc. (NYSE: HCP) and CareTrust REIT (Nasdaq: CTRE) both issued statements on Thursday to provide an update on their residents and communities in the aftermath of Hurricane Harvey. Though each had to evacuate senior housing communities, no one was hurt and limited damage was done to buildings. Irvine, California-based HCP had to evacuate three […]
Irvine, California-based real estate investment trust (REIT) HCP, Inc. (NYSE: HCP) announced the appointment of new executives on Wednesday, marking the latest in a series of leadership changes that have been made over the past year. Tom Klaritch, HCP’s current senior managing director—medical office, has been promoted to COO, effective immediately. Also, Doug Pasquale will serve […]
Happy Monday, Senior Housing News readers! Hopefully your weekend was a great one. The Thrive Innovation Center, a “thematic experience center” where consumers can try out innovative technology for aging seniors, is set to officially open in Louisville, Kentucky, on October 19. The Thrive Center was created through a public-private partnership between the Commonwealth of Kentucky […]
The United Kingdom has a new largest care home operator—and a former U.S. senior housing heavyweight will soon be at its helm. HC-One on Wednesday announced its intention to acquire 122 care homes from Bupa, a London-based health care company that comprises care home operator Bupa Care Services, Bupa Health Clinics, Bupa UK Insurance, Oasis […]
Happy Monday, Senior Housing News readers! Sunday was National Friendship Day, and we’re celebrating with the story of four high school best friends that now live as neighbors on the seventh floor of the Brookdale Niles independent living community in Niles, Illinois. The 91-year-olds—Rochelle Schpak, Florence Burgher, Phyllis Dubow and Eileen Kritzman—met when they were […]
Editor’s Note: This article has been corrected from a previous version which wrongly attributed quotes from CEO Larry Cohen to Brett Lee. Lee is joining Capital Senior Living on Aug. 14 as COO. The article also has been updated to reflect that 10 communities were impacted by costs related to temporary labor, not one community […]
Health care real estate investment trust (REIT) HCP Inc. (NYSE: HCP) was weighed down last quarter by trouble and confusion at the nation’s largest senior living provider. In response, the Irvine, California-based company intends to continue reducing its exposure to Brookdale Senior Living (NYSE: BKD)—and the fate of the provider remains very much in the air. […]
Happy Monday, Senior Housing News readers! Jimmy Buffett played Wrigley Field in Chicago this weekend. Unfortunately, we didn’t get a chance to interview him about his planned 55-plus active adult mixed-use community in Florida, but hearing his tunes up-close certainly made us want to eat cheeseburgers and drink margaritas. Meanwhile, to ensure you’re fully caught […]
New alleged details have emerged regarding Scott Brinker’s contentious departure from Welltower Inc. (NYSE: HCN) and potential future employment with HCP Inc. (NYSE: HCP). The situation involves, among other things, suspiciously timed emails, the unauthorized use of a personal iCloud account, and a “networking spree” that involved Brinker “zig-zagging across the country” with proprietary Welltower […]
