This coverage of the 2017 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN is bringing live event coverage of the NIC conference, […]
While senior living businesses across the country are thriving in many markets, the boom is yet to come, executives of multi-site providers say. And addressing that boom will be a challenge. That was the message among CEOs who spoke during this year’s Senior Living Executive Course offered by the University of Southern California across its […]
With an increasing emphasis on the education of new and prospective leaders, the senior living industry is also under way with a push to educate existing leaders—an effort pioneered in part by several executives and two world-renowned schools at the University of Southern California. Now in its third year, USC’s three-day Senior Living Executive Course […]
Another group of activist shareholders in the nation’s largest senior living provider is urging the company to monetize its assets through a major real estate sale. The group, Stamford, Conn.-based Land and Buildings Investment Management LLC, stressed Brookdale Senior Living’s (NYSE: BKD) options in a letter to the company’s shareholders Tuesday, indicating that shares of […]
Following a series of recent transactions including the spinoff of HCR ManorCare assets, “Big Three” REIT HCP Inc. (NYSE: HCP) has named a new CEO and a new president. The company announced Monday that its board will elect Tom Herzog, the company’s current chief financial officer, as a board member and CEO; and will elect Chief […]
Hospital admissions have always been a major concern for senior living providers, but they are even more so today to communities that are serving an older, frailer population than in years past. With the Centers for Medicare and Medicaid Services (CMS) tracking readmissions in some care settings and better systems in place today for measuring […]
Just several months following a successful IPO in Canada, Mainstreet Health Investments (TSX: HLP.U) is continuing to execute on its acquisition pipeline by bringing $152 million of new senior housing investments into its portfolio. At the same time, the company announced it is internalizing its management—in other words, bringing the management outside of the private […]
National assisted living operator Enlivant, along with its investment partners, is in the process of acquiring 48 senior living properties, serving as a major growth channel for the company’s presence nationwide. Enlivant is acquiring the properties with TPG and TPG Real Estate, the real estate platform for TPG, and will add 3,084 independent living, assist […]
The Aging2.0 OPTIMIZE conference brings together 1000+ senior care executives, tech companies, investors and entrepreneurs from around the globe. This not-to-be-missed event October 11-14 in San Francisco will feature bold keynotes, unparalleled networking opportunities, valuable market insights and a one-of-a-kind Experience Zone—an expansive, multi-sensory showcase of the most innovative technology-driven solutions across the themes of […]
MBK Senior Living President Terry Howard has resigned from the company to pursue new development opportunities, Senior Housing News has learned. The Irvine, California-based senior living provider owns, operates and develops communities across five states under its parent company, Japan-based Mitsui and Company. “Terry Howard has resigned from MBK Senior Living, and we wish him well […]
