Senior Living Providers Target Better Blend of Hospitality, Health Care

In recent years, senior living providers have debated whether a health care model or a hospitality focus makes more sense for the future — but this debate is shifting. Providers must inevitably offer more health care, yet they must do so without compromising the fundamental value propositions of the industry, which is rooted in a […]

Low Unemployment Forcing Higher Senior Living Wages in 2019

The senior living industry workforce will continue to expand in 2019, albeit at a slower pace compared to recent years. Meanwhile, wages will go up as unemployment remains low across the country, according to Argentum’s 2019 Forecast Report: Workforce Trends. Employment in the senior living industry increased 2% through June 2018, compared to 1.9% job […]

Wi-Fi Joins Location, Price as Top Housing Concern for Seniors

Seniors entering independent living and assisted living communities no longer expect Wi-Fi to be merely an option in their everyday lives — it must be part of a facility’s basic offerings. And the quality of a community’s Wi-Fi network can be the difference between a first look and a move-in. These are two striking conclusions […]

Five Star Defers February Rent to SNH as Struggles Continue

Five Star Senior Living’s (Nasdaq: FVE) financial woes continue to pile up. The Newton, Massachusetts-based senior living operator and Senior Housing Properties Trust (NYSE: SNH) agreed to defer the minimum aggregate February rent Five Star owes SNH for properties it operates under a master lease between the two companies. The deal was unveiled in a […]

JLL Makes Key Senior Housing Hires as Investor Interest Grows

Professional services firm JLL (NYSE: JLL) is beefing up the senior housing side of its business with new additions to its national real estate team. The company recently hired Mike Garbers and Cody Tremper as managing directors who will focus on advising owners, investors and operators in the senior housing and skilled nursing industry. Garbers […]

How HCP Plans to ‘Fix’ Its Senior Housing Portfolio

HCP’s (NYSE: HCP) senior housing portfolio underwent a transformation in the past two years. The Irvine, California-based health care real estate investment trust (REIT) now is ready to move from playing defense to being in a position to grow the business, despite market headwinds. But there are still some moves HCP needs to do in […]

Five Star’s Future Still Shaky After Q4 Earnings

Five Star Senior Living (Nasdaq: FVE) acknowledged its continued financial challenges pose a threat to the company’s viability, even as the organization works to implement operational strategies to effect a turnaround. Five Star is also in discussions with its major real estate investment trust landlord, Senior Housing Properties Trust (NYSE: SNH), to potentially restructure. The […]

Veteran Senior Living Leader Handelson Named CEO of Greystone Health Network

Stephanie Handelson, whose resume includes leadership positions across several senior living providers, has been tapped as the new CEO of Greystone Healthcare Management. In taking this position, Handelson will now lead a company that has a focus on skilled nursing. Tampa, Florida-based Greystone manages a portfolio of 28 skilled nursing facilities (SNFs) across the Sunshine […]

LTC Focused on Troubled Tenants, Positioning for Acquisitions

After a year marked by troubled operators and a senior housing acquisition drought, LTC Properties (NYSE: LTC) enters 2019 not quite out of the woods. “It was one step forward, two steps back on the tenant front for LTC in 4Q18,” analysts with financial services company Mitsubishi UFG Financial Group (MUFG) wrote, commenting on the […]