Most Popular News of the Week: Operator Files for Bankruptcy, New Senior Housing REIT

In case you missed it, here are the top headlines grabbing SHN readers’ attentions this week:

Marijuana Laws Put Senior Living Between a Bud and a Hard Place—Senior living providers are challenged with developing marijuana policies within their communities as the Schedule 1 drug gains approval in more states.

Texas Senior Living Company Files for Chapter 11 Bankruptcy—A LeadingAge Ziegler 100 nonprofit senior living provider filed for Ch. 11 bankruptcy this week, citing the economic downturn as a roadblock to meeting its debt obligations of $160 million.


80% of Boomers say Aging in Place Tech is Not Top Priority—A vast majority of Baby Boomers say they are less likely to outfit their homes with new technologies to help them age in place, a recent study suggests.

[Update] Newcastle: New Senior Housing REIT is Immense Runway For Growth—After months of speculation, Newcastle Investment Corp. (NYSE:NCT) announced it will form a new entity that will focus primarily on the company’s senior housing business.

Forbes: New Models Give Rise to Senior Housing Alternatives—New technologies and unique lifestyle programs are helping to re-imagine what it means to age in place.


Written by Jason Oliva