Omega CEO: Maplewood Senior Living On Firmer Ground in 2024 After Rent Challenges Last Year

Maplewood Senior Living is on more stable footing in 2024, according to executives with Omega Healthcare Investors (NYSE: OHI), about a year after the operator said it was facing a “modest liquidity crunch.” Omega previously moved to restructure its Maplewood portfolio after the operator fell behind on payments last year. Under that restructuring, the Hunt […]

Omega CEO: Operations Improving Despite ‘Fragile’ Recovery, Lingering Tenant Troubles

Operational trends at Omega Healthcare Investors (NYSE: OHI) are moving in the right direction, according to CEO Taylor Pickett. That said, the company is still working with its operating partners on various challenges affecting their ability to pay rent. In the second quarter of 2023, the company posted adjusted funds from operations (FFO) of $183 […]

Omega’s Maplewood Transition Takes Hold as Senior Housing Occupancy Holds Steady

Omega Healthcare Investors (NYSE: OHI) is making headway on its plan to restructure a 17-community portfolio operated by Maplewood Senior Living after the senior living operator faced a “modest liquidity crunch” in January. Omega and Maplewood announced a plan to restructure their operating relationship earlier this year. Under the plan, Maplewood and Omega have agreed […]

Omega Seeks Restructuring for Maplewood Portfolio As Operator Faces ‘Modest Liquidity Crunch’

Omega Healthcare Investors (NYSE: OHI) is looking to restructure the 17 communities in its portfolio managed by Maplewood Senior Living. The Hunt Valley, Maryland-based real estate investment trust (REIT) is seeking to undertake a handful of measures under its proposed restructuring. They include deferring rent escalators through 2025; deferring 7% interest on a $250.5 million […]

Formation Capital Founder Leads $9M Funding Round for Senior Living AI Tech Company TSOLife

TSOLife, a company providing an artificial intelligence-based platform for senior living communities, recently completed a $9 million Series A funding round led by Formation Capital Founder and Executive Chairman Arnold Whitman. Whitman, a longtime venture investor in senior living and founding partner of Generator Ventures, undertook the funding in coordination with Omega Healthcare Investors (NYSE: […]

Welltower Pushes for Disruptive Improvements to Senior Living Operations

Senior living providers generally excel at caring for residents, but many operators could make “truly huge, shocking” improvements in how they run their businesses. This is the perspective that Welltower COO John Burkart shared last week, speaking at the Citi Global Property CEO Conference. The event shed light on how Burkart is approaching his role […]

Best Assisted Living Design of 2021: Luxury Senior Living Reaches New Heights in Maplewood’s NYC Highrise

On Manhattan’s Upper East Side sits a highrise building with a design rivaling some of the Big Apple’s most exclusive apartments. But the building isn’t a condo complex or a storied apartment — it’s a senior living community. The building is Inspir Carnegie Hill, a 23-story, 215-unit senior living community from Westport, Connecticut-based Maplewood Senior […]

Top Senior Housing Trends for 2022

As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]