Some of the nation’s largest senior housing landlords are changing or reconsidering their leases with independent living giant Holiday Retirement. National Health Investors (NYSE: NHI) has inked a new lease agreement with tenant Holiday in a move meant to position the operator for long-term success, Read More »
Holiday Retirement COO Mark Prince Departs Company
Holiday Retirement COO Mark Prince has left the company, the independent living giant confirmed to Senior Housing News on Wednesday. “I appreciate Mark’s contributions to Holiday for the last eight years,” Holiday CEO Lilly Donohue told Senior Housing News. “He has significantly helped our communities Read More »
Great Place to Work Data Holds Surprises for Senior Living
In just three months, Fortune magazine will publish the first-ever “Best Workplaces in Aging Services” list. To be considered for inclusion, senior housing and care providers had to complete an initial process by June 18, to become “certified.” With that deadline now past and the Read More »
Transactions & Financings: Revera Buys UK Operator, Cushman & Wakefield Files for IPO
Revera Buys UK-Based Senior Living and Skilled Nursing Operator United Kingdom-based senior care and nursing home provider and developer Signature Senior Lifestyle has been purchased by Canada-based operator and investor Revera Inc., Care Home Professional reported. The purchase price was undisclosed. Signature develops and operates care homes, Read More »
Advocate of Senior Living Innovations to Lead Health Venture of Amazon, Partners
Dr. Atul Gawande, who put the U.S. senior housing and care system under the microscope in his bestselling book “Being Mortal,” has been named CEO of a new health care venture launched by corporate giants Amazon (Nasdaq: AMZN), Berkshire Hathaway (NYSE: BRK.A) and JPMorgan Chase Read More »
Holiday CEO: We Have ‘Changed Our Story’ Following Major Changes
Just over a year after announcing several major changes—including a move of its corporate headquarters across the country and abandoning its longstanding management model—CEO Lilly Donohue says Holiday Retirement is in “put-your-head-down mode” and focusing on improving the resident experience. The nation’s largest independent living Read More »
Why NHI is Making Acquisitions While Other REITs Are Sidelined
Unlike other health care-focused real estate investment trusts (REITs), National Health Investors (NYSE: NHI) has managed to stay off of the sidelines in recent months and remain fairly active in the senior housing marketplace. The Murfreesboro, Tennessee-based company credits its M&A activity to nurturing its several Read More »
New Senior to Reposition Underperforming Holiday Portfolio
New Senior Investment Group Inc. (NYSE: SNR) is repositioning its 51-property Holiday Retirement portfolio as its review of strategic alternatives moves forward. Susan Givens, CEO of the New York City-based real estate investment trust (REIT), called the decision to reposition the Holiday portfolio “a significant evolutionary step for Read More »
Movers & Shakers: Brookdale Hires Interim CFO, Ventas’ New MOB Leader
Brookdale Senior Living Hires Interim CFO Brookdale Senior Living’s board of directors has appointed Teresa Sparks as the company’s interim CFO, effective March 28. Sparks is taking over for Lucinda Baier, who left the CFO role to become Brookdale’s new president and CEO last month. The Read More »
Dynamic Pricing Pegged as ‘Flash in the Pan’ for Senior Living
The shift from building communities with only one level of care to building with an entire continuum of care seems like it could be here to stay in senior living. Dynamic pricing, which some providers have touted as a more effective and technologically sophisticated way Read More »
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