With National Healthcare Investors’ (NYSE: NHI) year-long effort to optimize its portfolio nearly complete, the company is once again renewing its focus on growth in the future. The Murfreesboro, Tennessee-based real estate investment trust (REIT) made more progress pruning its portfolio in the second quarter of 2022 and bringing new operators into the fold, and […]
Holiday
National Health Investors. (NYSE: NHI) is making steady progress on its efforts to optimize its senior housing portfolio — and while there are still some pieces left to fall, the company’s leaders feel more confident about the road ahead this year. Although the company’s operating partners have some challenges left to work through — made […]
Sabra Health Care REIT (Nasdaq: SBRA) intends to terminate its master lease with Holiday Retirement and enter into management agreements with the independent living giant. Under the terms of a non-binding letter of intent, Sabra would terminate the master lease with regard to all 21 Holiday communities in its portfolio, the REIT announced Wednesday. At […]
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 […]
National Health Investors (NYSE: NHI) is staking its claim as a preferred real estate investment trust (REIT) for regional senior housing providers, content to do smaller deals until the right opportunity comes along to make a bigger splash. “I’d like to take this opportunity to suggest that NHI is becoming a REIT of choice among […]
Fortress Investment Group (NYSE: FIG), the investment management firm behind Holiday Retirement and New Senior Investment Group (NYSE: SNR), will be acquired by Japanese technology giant SoftBank Group for about $3.3 billion in cash. The companies confirmed the deal late Tuesday, after The Wall Street Journal first reported on it. The acquisition has sparked speculation […]
Five Star Senior Living (NYSE: FVE) has turned to the hospitality industry for help in rolling out a new pricing program in about 80 of its communities, which the company believes will give it an edge over the competition—and maximize revenue. Specifically, Five Star has initiated a community center dynamic pricing program that will allow […]
Shamim Wu, current executive vice president of sales for Holiday Retirement, has been named president and chief operating officer of Silverado Care, the companies announced Tuesday. Wu will assume her new position Jan. 18. Wu’s move comes at a time when many in the industry are raising concerns about future leadership, as the pace of CEO retirements […]
The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior housing providers in the coming years, but they may be able to avoid this “caregiver cliff” by recruiting […]
“We have to work to do more to ensure that every older American has the resources and support they need to thrive.” So said President Barack Obama at the White House Conference on Aging this week. The one-day conference was a once-a-decade event that brought together senior care luminaries and leaders from private industry, academia […]
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