5 Senior Living Providers to Watch in 2022

With contributions from Tim Regan and Nick Andrews Rapid growth, innovative operating models and seasoned leaders who are still generating new ideas. These are among the factors differentiating some senior living providers from the pack, making them companies to watch in 2022. As the industry embarks on a critical re-building year, these providers are taking […]

Top Senior Housing Trends for 2022

As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]

Brookdale Posts First Year-Over-Year Occupancy Growth Since Pandemic Began

Brookdale Senior Living (NYSE: BKD) on Wednesday reported weighted average occupancy of 73.5% for November 2021, marking nine consecutive months of growth.  November also was the first month of positive year-over-year growth for Brookdale’s weighted average occupancy since the Covid-19 pandemic began. Brentwood, Tennessee-based Brookdale is the nation’s largest senior living provider, with a portfolio […]

SafelyYou’s $40M Funding Led by Omega Healthcare, Follows Belmont Village Success

Omega Healthcare Investors (NYSE: OHI) has led a $30 million Series B funding round for fall management technology company SafelyYou. Omega also prepaid $10 million so that the real estate investment trust’s senior living and skilled nursing facilities can access the SafelyYou tech, which involves artificial intelligence to detect falls and video to review fall […]

What the Launch of Walgreens Health Means for Senior Living Providers

During the company’s quarterly earnings call on Oct. 15, Walgreens Boots Alliance CEO Rosalind Brewer described her family’s struggle to find and coordinate services for her mother, near the end of her life. With the launch of a new business segment called Walgreens Health, the retail and pharmacy giant aims to address those problems, including […]

JEA Rebrands as Sinceri Senior Living, Continues Plan to Expand Beyond Memory Care

Within about the last two years, JEA Senior Living was acquired by investment firm Access Industries and named a new CEO. Now, the Tumwater, Washington-based provider has rebranded as Sinceri Senior Living.  “Since the company was founded, there have been countless changes in our industry and around the world,” said CEO Chris Belford, in a […]

LTC Writes Off $17.7 Million in Senior Lifestyle Rent, Extends Brookdale Lease

Real estate investment trust LTC Properties (NYSE: LTC) collected 92% of rent due in the second quarter of 2020, with most of the shortfall attributed to buildings operated by Senior Lifestyle Corp. Westlake Village, California-based LTC wrote off $17.7 million in straight-line rent receivable and lease incentive balances related to an affiliate of Senior Lifestyle, […]