Senior Housing Oversupply Fears Gain Sharper Focus

Concerns about senior housing oversupply have been swirling, with some saying that the issue is of genuine concern while others have been largely dismissive. But recent remarks from a high-profile executive with Ventas Inc. (NYSE: VTR), along with a new industry report, may serve as a wake-up call for anyone who denies there is a […]

Lack of Quality Operators Frustrates Senior Housing Buyers

Real estate investment trusts (REITs) and other prominent buyers are avidly on the hunt for senior housing assets, but other factors may constrain transaction volume in 2016. In particular, dealmaking may be slowed by a lack of top-tier operators to manage properties. “There’s almost an insatiable demand for seniors housing assets right now that are […]

How Senior Living Providers Tie Quality Care to Profits

The senior living sector is increasingly driven by quality, with providers across the board seeking concrete ways to measure it. Such efforts prove worthwhile, too, given that quality closely ties to a community’s profitability. “They’ve always correlated,” Juniper Communities Founder and CEO Lynne Katzmann tells Senior Housing News. “If you do things well, people will […]

Grant Thornton to Pay $3 Million After Faulty Assisted Living Audits

Another one feels the sting in the long-running fraud case involving the national senior living provider formerly known as Assisted Living Concepts (ALC). This time, a national audit firm that conducted deficient audits of ALC has settled charges with the Securities and Exchange Commission (SEC) and will pay a $3 million penalty and forfeit $1.5 million […]

Movers & Shakers: Brookdale’s New Board Chairman

Brookdale Appoints New Director and Non-Executive Chairman of the Board Brookdale Senior Living (NYSE: BKD), the largest senior living operator in the U.S., announced that its Board of Directors has appointed Daniel Decker as Class I director and the non-executive chairman of the board in replacement of the late Granger Cobb, effective Oct. 1. “Dan is […]

Editor’s Picks: Largest Senior Housing Owners, Do-Gooder Seniors Strip

This week, SHN readers delved deeper into the $1 billion acquisition of Trilogy Health Services LLC and learned who topped this year’s list of the largest senior housing owners and operators. Other top stories involved different technologies that help increase senior housing revenue and innovative programs aimed at upping senior living referrals. Here in the […]

Brookdale as Takeover Target: Where Are the Buyers?

Goldman Sachs naming Brookdale Senior Living (NYSE: BKD) as one of six top acquisition targets in the health care sector earlier this week has refueled conversation about the future of the major senior living provider. But the Goldman report left one big question unanswered—who might the buyer be? No potential buyers stand out from the […]

NIC: Senior Housing M&A Volume at All-Time High

Transaction volume within the senior housing sector is at an all-time high, and recently released research findings indicate that commercial real estate professionals don’t expect it to slow any time soon. At the end of the second quarter of 2015, approximately $17 billion in senior living transaction volume was recorded over the past 12 months throughout the United […]

Senior Housing Investments & Transactions: First Acquisition for Ventas Spin-Off

Ventas Spin-Off Announces First Acquisition Care Capital Properties Inc. (NYSE: CCP) has announced the completion of its first acquisition since it officially spun off from Ventas Inc. (NYSE: VTR) last month, a transaction valued at $210 million. The acquisition includes eight skilled nursing facilities and one assisted living facility in Shreveport, Louisiana, according to a news release. As […]

Movers & Shakers: Ventas’ Senior Vice Presidents

Ventas Announces Senior Vice President Promotions Ventas Inc. (NYSE: VTR) on Aug. 27 announced two senior vice president promotions within its asset management business. Christian N. Cummings has been appointed as senior vice president of asset management, focusing on Ventas’ senior housing operating portfolio and enterprise wide dispositions. Cummings joined Ventas in 2002 as an analyst, […]