Alarms are sounding that the U.S. will enter an economic recession in the foreseeable future, and many operators are preparing for a range of outcomes, from a bumpy landing to business as usual. Rising interest rates, slumping financial markets, and inflation are all causes for concern at a time when operators are already grappling with […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
A health system with 79 hospital campuses in 25 states is likely to gain a new senior living platform this year. ScionHealth this week announced its intention to acquire Cornerstone Healthcare Group, a diversified health care company based in Dallas. In addition to behavioral health and specialty hospital holdings, the company’s umbrella also includes Cornerstone […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Anthology Project in Chicago Has Designs Updated Chicago-based firms Anthology Senior Living and K Giles announced updates to the redevelopment of a former high […]
Real estate investment firm Invesque (TSE: IVQ.U) is poised to continue pruning its portfolio this year and beyond. The Carmel, Indiana-based REIT has spent the last 10 months selling $300 million in assets, with the proceeds of the transactions being used to reduce leverage and shore up the company’s balance sheet as it manages its […]
Even as the senior living industry recovers from the Covid-19 pandemic, headwinds from inflation and the lack of further federal aid could force some operators to make tough decisions in the months ahead. Inflation of the cost of goods and services, coupled with the dwindling possibility of more federal relief dollars, have put pressure on […]
Welltower (NYSE: WELL) has expanded its relationship with a handful of operators in its senior housing portfolio, including Oakmont Management Group, Cogir Management and Treplus Communities. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday announced it had agreed to purchase seven senior living communities for a total investment of approximately $344 million, with […]
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 […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Real estate investment trust CareTrust (Nasdaq: CTRE) has outlined 32 properties it marked for sale or repurposing — and the “vast majority” of them are senior housing, according to the company’s top executive. “We have a portfolio of skilled nursing facilities that we are selling, and then the rest are all senior housing,” CEO David […]
