Face it: some American seniors are pot heads. Why won’t senior living providers admit that? Well, maybe they’ll admit it — but they sure won’t talk to me about it. In my recent quest to learn more about various senior living providers’ policies on marijuana use, I hit an unexpected brick wall. Several of the providers […]
Overbuilding concerns have plagued the senior housing industry as of late, with new competition recently challenging the likes of Brookdale Senior Living (NYSE: BKD) and Five Star Senior Living (Nasdaq: FVE). But come January, these woes may subside. Under the Trump Administration, the United States is likely to experience higher interest rates and rising inflation—which could directly […]
For senior housing providers looking to solve staffing issues, the solution may be as simple as learning to share. At least, that’s what some people in home care—an industry facing a very similar workforce crisis—believe. Specifically, a startup that recently entered the home care market with $3.1 million in funding is now trying to get […]
CBRE Secures Millions in Loans for The Waters Senior Living CBRE National Senior Housing Vice Chairman Aron Will recently arranged acquisition financing on behalf of a joint venture between Minnetonka, Minnesota-based senior living developer/owner/operator The Waters Senior Living and an institutional client for The Waters of Edina, a 139-unit, Class A assisted living and memory care […]
Ventas, Inc. (NYSE: VTR) has had a busy 2016, from entering the life science real estate business to recently announcing plans to sell its skilled nursing portfolio to Kindred Healthcare (NYSE: KND) for $700 million. But the Chicago-based real estate investment trust (REIT) has no signs of slowing down. Chances are, Ventas will be acquisition-heavy […]
ABP Acquisition LLC Announces Tender Offer Results for Five Star Shares On Nov. 11, ABP Acquisition LLC announced the results of its tender offer to buy as many as 18 million shares of Five Star Quality Care, Inc. (Nasdaq: FVE) at a purchase price of $3.00 per share, net to the seller in cash, without […]
Whether or not it goes away, value-based care—or patient-centered care—is a good thing for the senior living industry, according to a panel of senior living executives who spoke last week at the 2016 PointClickCare SUMMIT in Orlando, Florida. Since 2010, the Affordable Care Act (ACA) has done a great deal to change how the senior […]
Often, in pricing their various services, assisted living communities wind up “throwing darts” at random—and losing money because of it. But accurately pricing assisted living services is more of a science than a shot in the dark, according to Dana Wollschlager, practice leader at Plante Moran Living Forward. “We’re really, really good at taking care […]
This week, Americans headed to the polls to decide what their country will look like in 2017. Come January, there will be a new president—as well as the start of some new trends for the senior housing industry. In fact, there are at least three major trends that will take hold in 2017 and likely […]
Things aren’t looking great for Brookdale Senior Living (NYSE: BKD). Brookdale, the largest senior living provider in the nation, is struggling with increased competition in several markets, lower-than-anticipated revenue and rate increases, and the aftermath of “an aggressive and egregious corporate raid” Florida, executives explained on the company’s third-quarter 2016 earnings call on Tuesday. All of […]
