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, and currently manages 10 care homes in the UK, with […]

Why Ending DACA Could Make Senior Living’s Labor Crisis Worse

President Donald Trump’s plan to end the Deferred Action for Childhood Arrivals (DACA) immigration program could reduce the number of workers available to the senior living industry during an already worrying labor shortage, industry experts agree. U.S. Attorney General Jeff Sessions announced on September 5 that the administration will end the Obama-era program that protects about […]

Senior Living Prepares for Next Big Wave of Consolidation

Serving the nation’s growing aging population could lead to widespread consolidation among senior living operators striving to provide services under healthcare reform, according to experts attending Senior Housing News’ 2013 Summit in Chicago on Thursday. An important factor has been development relating to RIDEA, which has been a “tremendous game-changer” for operators, according to Dan […]