Happy Monday, Senior Housing News readers! Manzano del Sol Village, a senior living community in Albuquerque, New Mexico, is missing its 115-year-old tortoise, Diablo. Nobody is more distraught about this than Delilah, a 90-year-old female tortoise and Diablo’s life partner, the Albuquerque Journal reports. Luckily, it’s unlikely that Diablo has “a wandering eye and took off […]
The nation’s largest senior living provider has struck a deal with an activist shareholder that’s given the company’s management team a bit of trouble over the last several months. Brookdale Senior Living (NYSE: BKD) on Wednesday announced that it had reached an agreement with Stamford, Connecticut-based Land & Buildings Investment Management LLC and appointed Marcus E. […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
Tensions are mounting between Welltower (NYSE: HCN) and its former chief investment officer, Scott Brinker. The Toledo, Ohio-based health care real estate investment trust (REIT) filed an amended complaint against Brinker on July 7, alleging he committed a variety of wrongdoings after leaving the company in January 2017. The complaint also painted industry rival HCP Inc. […]
Happy Monday, Senior Housing News readers! We’re happy to share that the San Diego Splash—the oldest (dare we say best?) team in the San Diego Women’s Basketball Association—has secured an official endorsement deal from Miracle Whip. “I couldn’t be happier because I’ve been a Miracle Whip fan since I was 3 years old,” team member […]
As far as senior living is concerned, it’s time to start planning ahead. At first, some senior living owners and operators may find that difficult, as the future of the industry tends to be a little foggy, according to Chris Frommell, managing partner at Milwaukee, Wisconsin-based senior living development services firm Direct Supply Aptura. “When […]
Months after stating that something new was in store, Five Star Senior Living Inc. (Nasdaq: FVE) has officially laid the groundwork to expand its ancillary services beyond the walls of Five Star communities. The Newton, Massachusetts-based senior living provider has rebranded its rehabilitation and wellness division as Ageility Physical Therapy Solutions—a move that’s meant to ease […]
Brookdale Senior Living (NYSE: BKD) is the target of what might be the first-ever class action lawsuit against an assisted living provider brought under the Americans with Disabilities Act of 1990 (ADA). The lawsuit, filed July 13 in U.S. District Court in California, accuses the nation’s largest senior housing provider of violating the ADA, as well […]
Happy Monday, Senior Housing News readers! Jimmy Buffett played Wrigley Field in Chicago this weekend. Unfortunately, we didn’t get a chance to interview him about his planned 55-plus active adult mixed-use community in Florida, but hearing his tunes up-close certainly made us want to eat cheeseburgers and drink margaritas. Meanwhile, to ensure you’re fully caught […]
Assisted living occupancy is continuing to fall nationwide, according to data released Wednesday by the National Investment Center for Seniors Housing & Care (NIC). The average occupancy rate for assisted living properties across the country fell to 86.5% in the second quarter of 2017. That’s 0.7 percentage points lower than the average occupancy rate in […]
Subscribe
Receive industry updates and breaking news from SHN