This story is part of your SHN+ subscription Publicly traded senior living companies are readying vast sums to deploy in new growth ventures in 2024 and beyond. CEOs with companies including Welltower (NYSE: WELL), Ventas (NYSE: VTR) and National Health Investors (NYSE: NHI) laid out their companies’ respective plans and strategies during earnings calls in […]
Omega Healthcare Investors
Brookdale Senior Living (NYSE: BKD) is continuing to grow and expand its HealthPlus program, with another 50 communities launching the program over the next month. That’s according to Brookdale President and CEO Cindy Baier, who added the Brentwood, Tennessee-based company is looking to expand the care model to a total of 130 communities by the […]
Omega Healthcare Investors (NYSE: OHI) leadership sees a runway for occupancy growth ahead for Maplewood Senior Living’s New York City luxury community. During Friday’s second-quarter earnings call, Omega reported that Maplewood’s Inspir 2nd Avenue property carried an occupancy rate of 67%, up two percentage points from the fourth quarter of last year. The community, which […]
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 article is part of your SHN+ subscription Some notable news broke on Tuesday night: the acquisition of a 113-bed assisted living and memory care community in Brentwood, Tennessee. I know that sounds more like a modest deal rather than headline news, but the transaction could have a big impact on the sector, if the […]
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 […]
Omega Healthcare Investors (NYSE: OHI) is making headway on its plan to restructure a 17-community portfolio operated by Maplewood Senior Living after the senior living operator faced a “modest liquidity crunch” in January. Omega and Maplewood announced a plan to restructure their operating relationship earlier this year. Under the plan, Maplewood and Omega have agreed […]
Omega Healthcare Investors (NYSE: OHI) is looking to restructure the 17 communities in its portfolio managed by Maplewood Senior Living. The Hunt Valley, Maryland-based real estate investment trust (REIT) is seeking to undertake a handful of measures under its proposed restructuring. They include deferring rent escalators through 2025; deferring 7% interest on a $250.5 million […]
TSOLife, a company providing an artificial intelligence-based platform for senior living communities, recently completed a $9 million Series A funding round led by Formation Capital Founder and Executive Chairman Arnold Whitman. Whitman, a longtime venture investor in senior living and founding partner of Generator Ventures, undertook the funding in coordination with Omega Healthcare Investors (NYSE: […]
An industry veteran is launching a new senior living development company with projects planned in the South and Midwest. The new company is an effort spearheaded by Steve Levin, who is a former senior vice president at Omega Healthcare Investors (NYSE: OHI). He was also co-president of Hana2.0 Property Group, which was a spinoff from […]
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