With contributions from Tim Regan and Nick Andrews Rapid growth, innovative operating models and seasoned leaders who are still generating new ideas. These are among the factors differentiating some senior living providers from the pack, making them companies to watch in 2022. As the industry embarks on a critical re-building year, these providers are taking […]
Several recent stories on Senior Housing News have highlighted the changing way clinical services are delivered in senior living: — Senior living health care provider EmpowerMe Wellness secured $100 million — Five Star rebranded to AlerisLife (Nasdaq: ALR) and is pursuing a diversification strategy — Trilogy consolidated its ancillary services under the Synchrony brand Not […]
Avenida Partners has been on the leading edge of the growing active adult rental market, with a pipeline of ground-up development projects. Now, Avenida will expand that development platform through a newly formed venture with Winter Properties, a vertically integrated real estate investment, management and development company. With Avenida already having undertaken nine projects, the […]
A dispute over senior living properties has led one real estate investment trust (REIT) to take legal action against another. National Health Investors (NYSE: NHI) has filed a lawsuit in the Delaware Court of Chancery against Welltower (NYSE: WELL) and certain of its subsidiaries. Murfreesboro, Tennessee-based NHI alleges that the Welltower entities have failed to […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
While senior living operators continued to battle the Covid-19 pandemic in 2021, the industry was being reshaped by blockbuster deals. It’s no surprise that Atria Senior Living’s acquisition of Holiday Retirement — with Welltower (NYSE: WELL) investing in 86 Holiday properties — led to the most-read story on Senior Housing News in the last 12 […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
National Health Investors (NYSE: NHI) is in the midst of a transformation that company leaders believe will position the real estate investment trust for success in 2022. The Murfreesboro, Tennessee-based REIT is planning to pare down its portfolio managed by Bickford Senior Living, going from 42 communities as of Sept. 30 to 35 or 36. […]
Companies that employ more than 100 people — including senior living providers — must implement a mandatory Covid-19 vaccination policy, under an Occupational Safety and Health Administration (OSHA) rule issued Thursday. All workers in these companies must receive their final Covid-19 vaccination shot by January 4, 2022. Alternately, workers could undergo routine Covid-19 testing and […]
Atria Senior Living is making progress on its plan to fully integrate with Holiday Retirement and combine the company’s operations — including through right-sizing the corporate team. Leaders with Louisville, Kentucky-based Atria announced the progress on Wednesday. Atria acquired the management business of Winter Park, Florida-based Holiday earlier this year. The two companies are currently […]
