Senior Housing Execs to Double Down on Training in 2014

When it comes to issues that keep senior living providers up at night, training is at the top of the list, agreed executives at the 2013 annual NIC conference, especially as it’s tied so closely to care.  A huge component of quality care is staff training, the participating executives said, and many providers are already […]

Senior Housing Investments & Acquisitions (10/29/13)

Capital Senior Living Buys Ohio Senior Living Community for $4 Million Capital Senior Living (NYSE:CSU) has acquired a senior living community in Middletown, Ohio for $4.1 million, reports the Dayton Business Journal. The Woodlands of Middletown has 61 units, comprised of 40 assisted living and 21 memory care units.  In September 2012, Rittenhouse Senior Living […]

Senior Housing Investments & Acquisitions (9/10/13)

Care Investment Trust Closes Acquisition of 2 Senior Housing Assets Care Investment Trust LLC, a subsidiary of Tiptree Financial Inc. (NASDAQ:TIPT) that focuses on senior housing real estate investment, and privately-held senior housing owner and operator Premier Senior Living, L.L.C., recently announced the closing of a previously announced acquisition of two senior housing facilities located in […]

Will Rising Rates Swing Senior Housing to a Buyer’s Market?

Low capitalization rates for many high-quality senior housing transactions has made for a “seller’s market” the past several quarters. But senior living buyers may become more cautious as interest rates climb following rises in 10-year Treasury yields. In mid-June, Ben Bernanke, chairman of the Federal Reserve, announced plans to taper off the quantitative easing program—through which […]

Senior Living Operators Repositioning Assets to Boost Revenue

With new development in the pipeline and coming onto the market, senior housing operators and landlords are looking for ways to reposition existing properties to target future generations and achieve return on investment. “There’s more segmentation [in the senior living industry]. People are trying to brand,” said Daniel Decker, founder and principal of investment firm CoastWood […]

Earnings Round-Up: Capital Senior Living, NHI, Kindred

Capital Senior Living Sees Sales Up 13%, More Private-Pay Opportunities Capital Senior Living reported second quarter earnings this week with cash from facility operations up 15.1% to $9.5 million or $0.43 per share. Revenues rose during the same time period to $87.5 million, a 13% increase over the same period in 2012.  “We are very […]

Capital Senior Living Launches New Online Branding Campaign

Capital Senior Living Corporation (NYSE: CSU) announced on Tuesday a branding overhaul that unites the identities of the company’s 100-plus communities and helps simplify the online search process for senior care services. The new branding strategy and website redesign marks the first time in almost 20 years that CSU has undergone what it terms a […]

Senior Housing Investment and Acquisition Round-Up (3/18/13)

Capital Senior Living Buys Senior Care Property for $6.6 Million Capital Senior Living recently purchased an assisted living and memory care community in Elkhorn, Neb., for $6.6 million in a transaction handled by Senior Living Investment Brokerage. Marquis Place of Elkhorn, located in a suburb of Omaha, was built in 2002 with an addition completed […]

Capital Senior Living Corp. Buys Mo. Senior Living Community for $22 Million

An affiliate of Capital Senior Living Corporation (NYSE:CSU) recently acquired a senior living community in Springfield, Mo., for $22 million. The Montclair, a 159-unit independent living community built in 1988, was sold by Montclair Limited Partnership. The five-story, 181,496-square-foot community is located on about 6.71 acres.  At time of closing, The Montclair had an occupancy rate […]