Avamere to Build ‘Micro CCRCs’ With No Skilled Nursing

A major regional senior care provider in the Pacific Northwest is looking to reinvent the continuing care retirement community (CCRC) model by taking skilled nursing out of the picture. Wilsonville, Oregon-based Avamere Family of Companies recently announced it plans to open a “micro CCRC” in St. George, Utah. The development, which is part of the Sienna Hills […]

Highest Paid Chief Executives in Senior Living

It should come as no surprise that leaders of the largest publicly traded real estate investment trusts in senior housing—and the nation’s largest provider—topped this list of highest paid senior living executives in 2016. Company leaders at Welltower (NYSE: HCN), Ventas (NYSE: VTR) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation in 2016, which includes base salary, […]

NorthStar Shareholder Fuels Fire Against REIT Merger

Another activist shareholder has come out strongly against the planned merger between Colony Capital Inc. (NYSE: CLNY), NorthStar Realty Finance Corp. (NYSE: NRF) and NorthStar Realty’s current external manager NorthStar Asset Management Group Inc. (NYSE: NSAM), citing concerns about the combined company’s governance and value to shareholders. Real estate investment trust (REIT) NorthStar Realty Finance, a […]