Capital Senior Living Reportedly Rejected Multiple Bids from TPG

Capital Senior Living (NYSE: CSU) rejected several acquisition overtures from private equity firm TPG during recent months, Bloomberg reported Friday. Bloomberg cited unnamed sources with knowledge of the matter. TPG and Capital Senior Living declined to comment for this article. Shares of Capital Senior Living were up 19.44% as of mid-day Friday, trading at $4.30 […]

How Senior Living Dining is Adapting for Next-Generation Residents

As the oldest baby boomers begin their transition to senior living, they are bringing with them a greater education about food and drink. As a result, senior housing operators are adding flexibility to their dining programs to accommodate these changes. This flexibility was the focus of “New Dining Formats for the Next Generation of Senior […]

Senior Living Providers Fret Over Potential Opioid Laws, Regulations

Seniors—and senior living providers—have not been immune to the U.S. opioid crisis. As state and federal policymakers are taking steps to combat opioid addiction and overdoses, assisted living providers are concerned about maintaining appropriate access to these painkillers for residents and trying to answer tricky questions about best clinical practices. The opioid problem has become […]

Kindred Rumored to Be in Advanced Sale Talks

The nation’s largest home health care provider, Kindred Healthcare (NYSE: KND), is in advanced talks to be purchased by insurance giant Humana Inc. (NYSE: HUM) and two private equity firms, including global private investment firm TPG, the Wall Street Journal reported on Sunday. Under terms of the rumored deal, private equity firms TPG and Welsh, Carson, Anderson […]

Fast-Growing Enlivant Maintains Startup Vibe in Corporate HQ

It’s crucial these days for senior living companies to attract and retain multiple generations of workers, not only in communities but at the corporate level. Doing that is no small feat, however. Some businesses in the sector are finding that a well-designed headquarters, which creates a vibrant culture that drives the company’s mission and bottom-line results, can help. For […]

[Updated] The Top 10 Largest Senior Living Providers of 2017

*Editor’s Note: This story has been corrected from a previous version, which inaccurately stated there was a significant decrease in total units among the largest providers. This was based on a mistaken analysis of the data, confusing resident capacity with unit count. Argentum’s 2016 rankings were based on resident capacity, and this year the rankings […]

Sabra CEO Answers Skeptics with Enlivant Deal

On Tuesday, Sabra Health Care REIT (Nasdaq: SBRA) announced it had entered into a definitive agreement to acquire a 49% equity interest in a joint venture that owns 183 senior housing communities managed by Chicago-based operator Enlivant. The move is a “proverbial strategic win-win-win” for Sabra, Enlivant and the operator’s private equity ownership firm TPG, Enlivant […]

Sabra to Acquire 49% Stake in $1.62 Billion Enlivant Portfolio

Sabra Health Care REIT (Nasdaq: SBRA), which became the eighth-largest health care real estate investment trust (REIT) in the U.S. after a recent mega-merger, has plans to get even bigger. The Irvine, California-based REIT has entered into a definitive agreement to purchase a 49% equity interest in a joint venture that owns 183 senior housing […]

Senior Housing Investments & Transactions: Enlivant, Ensign Group

Enlivant Acquires Four Senior Living Communities In Indiana and Ohio Enlivant, a national provider of senior care services, has purchased three senior living communities in Indiana and one in Iowa, according to a press release. The terms of the deal were not disclosed. The new Enlivant communities are Elkhart Place (formerly Beardsley House) in Elkhart, […]

Movers & Shakers: Somerby Senior Living’s New President and COO

Somerby Senior Living Names New President and COO Dominion Partners and Somerby Senior Living recently announced that David Grady has been named Somerby’s new president and COO. Grady has more than 30 years of experience in senior living operations, having served as an administrator, activities director, area administrator and regional vice president of rehab and skilled […]