Omega Healthcare Investors (NYSE: OHI) CEO Taylor Pickett has seen some distressed assisted living communities on the market — but not at prices indicative of their condition. “On the assisted living side, we’ve made an effort to look for potentially distressed prospects, and quite frankly, those have not panned out,” Pickett said during the company’s […]
Maplewood Senior Living
Earlier this month, Maplewood Senior Living accepted its first residents at Inspir Carnegie Hill, its luxury high-rise senior housing community in Manhattan. The project was supposed to open a year ago, but the coronavirus pandemic disrupted those plans, and the total cost of the development rose to around $315 million, Maplewood CEO Gregory D. Smith […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
With Covid-19 dominating the news for most of 2020, it’s no surprise that the most-read stories of the year were all related to the pandemic. In particular, readers were interested in how Covid-19 might change the way that communities are designed, with the top two stories both focused on this topic. And the hottest design […]
Covid-19 has made “density” a dirty word in real estate, and senior living developers are taking heed. Some data indicate an exodus is occurring from the most densely populated urban centers in the United States, in part because people are wary of coronavirus outbreaks like the one that beleaguered New York City in the early […]
Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]
Over the past three months, senior living providers have embraced telehealth during shelter-in-place orders. At the same time, the way providers and residents use telehealth, along with the forces propelling it forward, continue to evolve. Changes in federal policy and new flexibilities from insurers — some of them from before the pandemic — have made […]
Covid-19 has caused a slowdown in senior housing construction across the country, and will delay one of the largest projects underway: the Manhattan highrise that will launch Maplewood Senior Living’s Inspir brand. Initially scheduled to open at the end of Q1 2020, Inspir Carnegie Hill now is on track to open in the third quarter […]
The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions. As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]