Share Your Insight for a Chance to Win There is no denying that the senior living industry is evolving at a pace that most operators find challenging to keep up with. Your feedback will help the survey sponsor, PointClickCare, to better understand how your community is keeping pace with increasing demands and evolving technologies in […]
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ABM Names Laurelee Martin and Thomas Gartland to Its Board of Directors ABM, a leading provider of facility solutions, announced it has elected Lauralee Martin and Thomas “Tom” M. Gartland as independent directors, effective immediately. Martin is currently chief executive officer of HCP, Inc., one of the “Big Three” publicly-traded health care real estate investment […]
Senior living providers are ditching the cookie-cutter designs and drab decor of the past—and they don’t have to rely only on professional firms to create appealing rooms. These days, residents are making their rooms completely their own, and they sometimes spend thousands of dollars to do so. Take The Clare, for example, a 53-story continuing care retirement […]
In today’s senior living market, understanding the metrics required to get attention from lenders and investors is more critical than ever. Our panel takes an in-depth look at the financial metrics required to successfully navigate obtaining financing or repositioning an asset for long-term success. Whether it is a standalone asset for new development, an acquisition, […]
With capital still widely available at attractive rates and market fundamentals appearing strong, small- and medium-sized senior housing operators are looking to grow. But to get needed financing for expansion—and succeed once they’ve obtained new assets—providers should not let the M&A game get them focused on dollar signs more than core operations. At least, that’s the message […]
By Ingrid Bagby, Melissa Dimitri, Paul Melville and Christopher Updike As an owner, operator, or stakeholder in a continuing care retirement community (CCRC), the last words you likely want to hear are “restructuring” or “bankruptcy.” But, given the economic pressures CCRCs can face, one doesn’t have to look very far to encounter examples of both. […]
Willis will be hosting their annual Senior Living Conference on November 3rd and 4th, 2015. The conference will be held in Chicago at the Willis Tower and will include a networking dinner and roundtable discussions to allow the group to interact and share best practices. This conference is designed for and by existing Willis Senior […]
Sabra Acquires Nine Senior Housing Facilities for $84.7 Million Maryland-based Sabra Health Care REIT (Nasdaq: SBRA) announced the acquisition of a portfolio of four senior housing facilities in Washington and Oregon, as well as the acquisition of a portfolio of five senior housing facilities in Illinois. On Sept. 1, Sabra acquired the Life’s Journey Senior […]
Brookdale Appoints New Director and Non-Executive Chairman of the Board Brookdale Senior Living (NYSE: BKD), the largest senior living operator in the U.S., announced that its Board of Directors has appointed Daniel Decker as Class I director and the non-executive chairman of the board in replacement of the late Granger Cobb, effective Oct. 1. “Dan is […]
Health Care REIT (NYSE: HCN) President and CEO Thomas DeRosa announced Monday that the company—one of the largest owners of senior housing real estate in the country—will change its name to Welltower Inc. The renamed company will continue to trade its common and preferred stock under the New York Stock Exchange ticker symbol “HCN,” according to […]
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