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 […]
Holiday Retirement
Welltower’s (NYSE: WELL) credit rating received a slight boost, in another sign that its senior housing operating portfolio’s (SHO) performance is on the rebound. The Toledo, Ohio-based real estate investment trust’s (REIT) rating outlook was revised from negative to stable, and its issuer credit rating was revised to “Baa1” status by Moody’s Investors Service. The […]
Despite all of the recent disruptions from Covid-19, some of the country’s biggest senior living providers are still logging web traffic above pre-pandemic levels— good news for an industry anxiously awaiting what the coming months will bring. That’s according to BMO Capital Markets analysts Juan Sanabria and John Kim, who analyzed SimilarWeb website data for […]
Last week on Senior Housing News, we ran a story with the headline “U.S. News to Create Best Senior Living Community Rankings.” After learning more about what U.S. News is planning, I changed the headline to “U.S. News to Issue Senior Living Ratings.” I regret using the wrong terminology initially. But, I also think that […]
Senior living providers have been on the leading edge of implementing Covid-19 vaccine mandates for employees — and soon, they must be joined by every large company in the United States. President Biden on Thursday announced plans to order companies with 100 or more employees to mandate coronavirus vaccinations for workers or test them for […]
U.S. News & World Report — which issues influential rankings of hospitals, nursing homes, universities and other businesses — is turning to senior living. The publication plans to rate* U.S. senior living brands based on standardized consumer input gathered through surveys created by Activated Insights. Activated Insights is the organization that is also behind the […]
National Health Investors (NYSE: NHI) completed a sale of eight communities operated by Holiday Retirement. The total price was $115 million. The communities total 909 units, and NHI expects to realize a gain on the sale of up to $2 million. To date, the company announced $203.4 million in dispositions and expects to end 2021 […]
Brightview Senior Living and Summit Vista have again come out on top in the annual Best Workplaces in Aging Services list. The list, now in its fourth year, ranks the top aging services workplaces among 25 large senior housing and care providers and 25 small- and medium-sized senior housing and care providers. The list is […]
National Health Investors (NYSE: NHI) is seeking to sell nine properties operated by Holiday Retirement, with plans to potentially sell even more properties this quarter. The Murfreesboro, Tennessee-based real estate investment trust (REIT) has inked a non-binding letter of intent to sell the nine-property portfolio to an institutional buyer that is leased to Holiday with […]
The positive momentum within Ventas’ (NYSE: VTR) senior housing operating portfolio (SHOP) that manifested in the first quarter of 2021 continued into the second quarter and July. New leads and move-ins in the quarter exceeded Q1 2019 levels, with the former setting a new high. Occupancy has improved sequentially for five straight months. And the […]