Healthpeak Properties’ (NYSE: PEAK) senior housing segment continues to struggle from the impact of Covid-19. But with a full quarter of operations during the outbreak under its belt, there are signs that the health care real estate investment trust (REIT) has entered the management phase of the pandemic. Occupancy declines are slowing on a sequential […]
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The foundation for Bloom Senior Living’s rebranding was laid with separate emails the operator received from two different family members of the same resident in one of its South Carolina communities. If one complained that the food was too hot, the other complained that it was too cold, Bloom Acquisitions Director and General Counsel Bradley […]
In early March, five residents moved out of Rose Haven Assisted Living, a 28-bed assisted living facility in Merrimack, New Hampshire, right before the coronavirus pandemic swept across the U.S. The family-owned and operated facility already operated under tight margins. The loss of these residents — which were among the highest billed in Rose Haven’s […]
This article is sponsored by PointClickCare. In this Voices interview, Senior Housing News sits down with PointClickCare Enterprise Consultant Murry Mercier to learn why senior living’s family-oriented model can create technology problems, what the technology industry must do to better connect with senior living and the beauty Mercier saw during a recent sabbatical in a […]
Two former leaders of Five Star Senior Living (Nasdaq: FVE) are officially back in the operations game. Sona Senior Living, the operating company that Bruce Mackey and Scott Herzig launched last year, now has two management contracts under its belt in New Hampshire and Massachusetts, stepping into those buildings in the midst of Covid-19. The […]
Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]
Real estate investment and development firm MedCore Partners has acquired a seven-property senior living portfolio operated by Senior Services of America (SSA), and has ambitions to do similar value-add, middle-market deals going forward. The 582-unit portfolio consists of five properties in Washington state and two in California, offering a mix of independent living, assisted living […]
Editor’s Note: Interested in the active adult market? Check out SHN’s Active Adult Virtual Summit, taking place July 15-17. Click here to learn more and register. A senior housing company and player in the multifamily space has set its sights on becoming the premiere boutique developer and operator of active adult communities in the United States. Through […]
Federal Reserve’s bond-buying program includes Welltower, Ventas, Healthpeak Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Healthpeak Properties (NYSE: PEAK) are among the real estate investment trusts receiving funding as part of the Federal Reserve Bank of New York’s Secondary Market Corporate Credit Facility (SMCCF), The Real Deal reported. The program, established as part of the […]
Senior living providers — like many businesses across the United States — have been responding to the Black Lives Matter movement with a variety of messages and actions. To get a sense of how providers are responding, I spoke with several CEOs and corresponded with many of the largest for-profit and nonprofit organizations in the […]
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