Senior Housing Investments & Transactions: Sagora Senior Living, Senior Living Investment Brokerage

South Carolina Assisted Living Community Sells for $1.9 Million Dave Balow, Patrick Burke and Brad Clousing of Glen Ellyn, Illinois-based Senior Living Investment Brokerage handled the recent $1.9 million sale of The Magnolias of Santee in Santee, South Carolina. The 31-unit, 22,046-square-foot assisted living and memory care community was sold by an owner/operator looking to […]

Must-Read News: Ventas’ SNF Sale, Old People Are Cool

Happy Monday, Senior Housing News readers. On Sunday, actress Kristen Bell hung out with several Hurricane Irma evacuees—including Atria Senior Living residents. From Bell’s Twitter and Instagram presence, it seems like everyone had a great time: Guys, Corey cries when she’s happy too!!! #soulmates #HurricaneIrma #besthurricaneever #atriaseniorliving — Kristen Bell (@IMKristenBell) September 10, 2017 Here’s […]

How Brookdale Proved Bigger is Rarely Better in Senior Living

Following several blockbuster transactions in recent years, senior housing deal volume has begun to decelerate—and buyers are finally wisening up to the ideal sizes their companies aspire to. Specifically, various headwinds have caused assisted living deal volume to slow in recent months, but current valuations remain “really strong,” according to experts who spoke at the […]

SNF Companies Exiting a ‘Deteriorating Industry’

After a tumultuous year for some of the biggest real estate owners and operators in skilled nursing, many are looking at the future of the space with one foot out the door. Punishing skilled nursing headwinds are creating a “deteriorating industry,” with few attractive prospects for the largest companies for at least five years, according […]

Editor’s Picks: HCP’s New CEO

As temperatures began to plunge in Chicago, we were sure to bring our readers the hottest industry happenings, including the news that a major senior housing real estate owner has named a new CEO and president. Ventas Inc. also made a splash by announcing it would sell 36 Kindred-leased skilled nursing facilities for $700 million […]

Senior Housing Shares Rally After Trump Win, REITs Take Hit

After a long evening of counting votes on Tuesday, Donald Trump was declared as the next President of the United States. The impacts of a Trump presidency will soon be known, but Tuesday night fears swirled around a potential market collapse as Trump’s imminent victory created a sharp initial downturn. By Wednesday morning however, the outlook is […]

Movers & Shakers: Kindred’s New General Counsel

Kindred Appoints Joseph L. Landenwich as General Counsel and Corporate Secretary  Kindred Healthcare, Inc., the largest post-acute services provider in the country, has named Joseph L. Landewich as general counsel and corporate secretary, effective Jan. 31, 2016. He will assume the role following the retirement of M. Suzanne Riedman, chief counsel and chief diversity officer. […]

Kindred Proposes $1.6 Billion Purchase of Major Home Health Provider

In a move mirroring the mega merger of Brookdale-Emeritus, home health juggernaut Kindred Healthcare, Inc. (NYSE:KND) has its sights set on acquiring a major competitor Gentiva Health Services, Inc. (NYSE:GTIV) in a deal valued at $1.6 billion. Under the proposal, Kindred would acquire all of the outstanding shares of common stock of Gentiva for a […]

Huge Opportunity for Assisted Living to Retool for Short-Term Patients

Assisted living providers looking for ways to grab a piece of the post-acute care pie and simultaneously improve occupancy are exploring short-term care models that function as a private-pay bridge from hospital to home. In the skilled nursing industry, the split between the short-term, Medicare-reimbursed and long-term, Medicaid-reimbursed models is growing. As healthcare reform puts […]