Omega Healthcare Investors (NYSE: OHI) has led a $30 million Series B funding round for fall management technology company SafelyYou. Omega also prepaid $10 million so that the real estate investment trust’s senior living and skilled nursing facilities can access the SafelyYou tech, which involves artificial intelligence to detect falls and video to review fall […]
Omega Healthcare Investors
Patient growth has been a hallmark of Maplewood Senior Living, most recently on display in the six-year process of conceiving and launching the luxury Inspir brand with a Manhattan highrise project. But CEO Gregory Smith believes that now is the time to hit the accelerator, particularly on new development. “I’ve talked to our capital partner, […]
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. Submissions are currently open. Construction: Planned Maplewood to Expand Inspir Brand to Washington, D.C. Maplewood Senior Living and Omega Healthcare Investors (NYSE: OHI) are bringing the […]
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 […]
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 […]
Omega Healthcare Investors (NYSE: OHI) has acquired senior living technology company Connected Living with an eye toward bringing technology into its senior housing and care properties. Connected Living — now a standalone subsidiary of the Hunt Valley, Maryland-based health care real estate investment trust (REIT) — works with senior housing and care companies to provide […]
Omega Healthcare Investors (NYSE: OHI) sees long-term upside in its $510 million acquisition of 24 senior housing communities from Healthpeak Properties (NYSE: PEAK), operated by Brookdale Senior Living (NYSE: BKD). The Hunt Valley, Maryland-based health care real estate investment trust (REIT) believes the operator is poised to capitalize on pent-up demand for senior housing as […]
Healthpeak Properties (NYSE: PEAK) continues to make progress on its portfolio realignment strategy. The Denver-based health care real investment trust (REIT) sold 24 senior housing communities to another REIT, Omega Healthcare Investors (NYSE: OHI), on January 20 for $510 million. Hunt Valley, Maryland-based Omega announced the deal in a press release in conjunction with its […]
Affiliations AccentCare, Seasons Hospice to Merge AccentCare Inc. and Seasons Hospice announced a merger, Senior Housing News sister publication Home Health Care News reports. The deal brings Dallas-based AccentCare, one of the five largest home health care companies in the country, and Seasons, one of the top five largest hospice providers, under one corporate umbrella. […]
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