Omega CEO: Maplewood Senior Living On Firmer Ground in 2024 After Rent Challenges Last Year

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 […]

In the Pipeline: Maplewood Plans D.C. Opening; Westmont Living Opens Fifth San Diego Community

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 […]

Omega, Maplewood Work Through Rent Shortfalls With Timing of Full Repayment ‘Unknown’

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 […]

What Hospitality Companies Are Borrowing From Senior Living Architecture and Design

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 […]

Omega CEO: Operations Improving Despite ‘Fragile’ Recovery, Lingering Tenant Troubles

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 […]

How Maplewood, Vitality Are Evolving for a New Era of Senior Living Tech

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 […]

‘Extraordinary Entrepreneur’: Maplewood Senior Living Announces Unexpected Death of CEO Greg Smith

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 […]