The phrase “artificial intelligence” might be an overused buzzword, but senior living operators are increasingly wielding it to improve operations. Take it from Bickford Senior Living President Andy Eby. In recent years, Eby – once a NFL lineman – has shaped Bickford’s future into one that integrates data in operations and emphasizes transparency with consumers. […]
Transactions Blueprint advises on sale of Michigan community Blueprint announced it advised a real estate investment trust in the sale of an assisted living and memory care community in Wyoming, Michigan on April 4. According to a press release, the community was built in 2015 and consists of 102 units. The seller selected a Virginia-based […]
Management transactions Merrill Gardens named management company for multiple communities Senior living owner-operator Merrill Gardens announced the management of three new communities in Missouri and Washington, according to a news release from the Seattle, Wash.-based company. Merrill Gardens is now the management company for Murano Senior Living in Seattle, Washington and Merrill Gardens at Tukwila, […]
In the Pipeline 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: Completed HumanGood completes $35M redevelopment of California community The Gardens in Glendale, California, a HumanGood community, […]
It’s shaping up to be an active investment year in 2024 for companies like National Health Investors (NYSE: NHI), according to CEO Eric Mendelsohn. Though the company did not announce sizable new investments or outline a granular strategy for the year ahead, Mendelsohn noted that the company’s leaders are growing “more optimistic” about its investment […]
The nature of senior living management companies is inherently evolving as providers look to make regional inroads and grow in a challenging economic climate. Management companies have changed structurally over the last two decades, going from predominantly triple-net leases to management agreements that more closely align operators and owners behind the same goals. Rather than […]
National Health Investors (NYSE: NHI) started the year strong with a relatively muted rate of new rent deferrals and limited rent concessions and deferral payments, according to CEO Eric Mendelsohn. That said, the company still has some soft spots in need of improvement, namely its burgeoning senior housing operating (SHOP) segment, which saw continued pressure […]
Value-based care and the middle market represent two of the biggest opportunities for senior living providers and were hot topics at the recent NIC Spring Conference. But with operators more cash-strapped than ever — thanks largely to inflation and labor disruption — I believe that the sector is at a “show me the money” moment […]
Senior living industry pioneer and ReNew REIT CEO George Chapman died on Wednesday, according to a notice from the Toledo, Ohio-based company. Chapman, who helped found ReNew REIT in 2018 and also was a longtime CEO of the real estate investment trust that later became Welltower (NYSE: WELL), was a “pillar in the industry and […]
National Health Investors (NYSE: NHI) reported “disappointing” results for its newly formed senior housing operating portfolio in the fourth quarter of last year, but CEO Eric Mendelsohn is still optimistic about the company’s next chapter. Giving him confidence is the fact that the company has assembled its ideal portfolio of senior living communities, setting the […]
