Maplewood Senior Living is on more stable footing in 2024, according to executives with Omega Healthcare Investors (NYSE: OHI), about a year after the operator said it was facing a “modest liquidity crunch.” Omega previously moved to restructure its Maplewood portfolio after the operator fell behind on payments last year. Under that restructuring, the Hunt […]
This content is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Distinctive Living sub-brand plans cottages Live Well Senior Cottages, a sub-brand of Distinctive Living, recently announced […]
By Sloane Airey Covid-19 was especially hard for the memory care sector, but one of the pandemic’s silver linings has been how it has ushered in use of new and promising technology. Today, tech including AI promises to change the senior living industry in ways that were not possible only a few years ago. Nearly […]
While short-term rent challenges remain between Maplewood Senior Living to Omega Healthcare Investors (NYSE: OHI), CEO Taylor Pickett believes the operator and other partners will in the future generate “reliable and growing cash flows” – the only thing he is unsure of is the timing of the company’s repayments. During the company’s third quarter earnings […]
In the years before the pandemic, the senior living industry was slow on the draw with regard to the use of new technology. But the challenges of the last three years have led to big tech advances in areas including automation and telehealth — and operators are just getting started. Some of the biggest recent […]
Throughout the years, hotels and restaurants have been a source for senior living community design inspiration. Now, that inspiration is beginning to flow in the opposite direction. As senior living architects and designers have forged ahead in these areas in recent years, hotels in 2023 are taking notice. And they are taking inspiration from senior […]
Operational trends at Omega Healthcare Investors (NYSE: OHI) are moving in the right direction, according to CEO Taylor Pickett. That said, the company is still working with its operating partners on various challenges affecting their ability to pay rent. In the second quarter of 2023, the company posted adjusted funds from operations (FFO) of $183 […]
With a recent quickened pace of move-ins, the memory care segment of senior living is gearing up for a potentially years-long period of growth and high demand. Operators are preparing in the second half of 2023 by prioritizing growth, programming, technology and cost efficiency. The impact of rate increases, broader factors like cost inflation and […]
Around 2017, a cardiothoracic surgery nurse at New York Presbyterian Hospital in New York City noticed that an inordinate number of patients who underwent surgery experienced a notably high number of adverse health outcomes. The reasons behind these outcomes were initially unclear, and they would be potentially hard to glean unless someone was monitoring that […]
Maplewood Senior Living President and CEO Greg Smith died suddenly on March 31, according to an announcement from the senior living provider and Omega Healthcare Investors, Inc. (NYSE: OHI). Smith founded Maplewood Senior Living and its upscale luxury brand Inspir. He came to the industry with a background in real estate development and hospitality, and […]
