One of the nation’s largest senior living operators will be smaller in the future, as Five Star Senior Living (Nasdaq: FVE) will soon exit management of 108 communities. With this recent news, now all three of the largest publicly traded U.S. senior living operators — Brookdale Senior Living (NYSE: BKD); Capital Senior Living (NYSE: CSU); […]
Holiday Retirement
For Eclipse Senior Living CEO Kai Hsiao, the Covid-19 pandemic has proven that scale matters. He’s been getting more calls from mom-and-pop operators under stress, thinking about how to make an exit from the industry. And he notes that providers historically have not needed to have cash reserves to handle all the costs that the […]
After years of focusing on workforce initiatives and restructuring relationships with capital partners — and while still battling through the Covid-19 pandemic — Holiday Retirement’s leaders now have their sights firmly set on improving the resident experience. “For an industry that talks a lot about our employees and residents, we don’t make a lot of […]
National Health Investors (NYSE: NHI) is deferring more rent from Bickford Senior Living. Among NHI’s other largest operators, Holiday Retirement continued to see occupancy decline between January and February, but Senior Living Communities gained census for the second straight month, the Murfreesboro, Tennessee-based real estate investment trust (REIT) announced Monday. NHI agreed to defer $3 […]
Eight years ago, Enlivant was created in an effort to salvage the portfolio of Assisted Living Concepts and create a successful business. Now, the Chicago-based company is entering a new chapter as President and COO Dan Guill ascends to CEO. Guill takes the reins at a time of intense challenges but also growing optimism. Having […]
Atria Senior Living is taking over management of 21 independent living communities owned by real estate investment trust (REIT) New Senior Investment Group (NYSE: SNR). The portfolio marks the U.S. debut of the Atria Retirement brand, which up to this point has operated in Canada as Atria Retirement Canada. The portfolio previously was managed by […]
The fourth quarter of 2020 brought more disruptions for National Health Investors’ (NYSE: NHI) senior housing tenants, but the company’s leaders are cautiously optimistic that better months are ahead. Recent positive trends in sales leads and vaccination rates, coupled with the prospect of more federal support for senior living providers this year, have given the […]
When the first doses of the Covid-19 vaccine arrived in senior living communities late last year, residents rolled up their sleeves with gusto. But the same was not true for the industry’s workers. And that has not changed in the roughly two months since then, according to a recent National Investment Center for Seniors Housing […]
In late December, many senior living providers began holding or scheduling their first vaccine clinics. But for most of Holiday Retirement’s senior living communities, that wasn’t the case. With 252 independent living communities and seven assisted living communities across the U.S., the Winter Park, Florida-based operator is among the largest in the country, and No. […]
Brightview Senior Living and Summit Vista are the top workplaces in senior living for employee satisfaction, according to this year’s Best Workplaces in Aging Services list. Baltimore-based Brightview, which operates a portfolio of 42 communities, took the No. 1 spot among large providers for the second year in a row; while Summit Vista, a life […]