Welltower (NYSE: WELL) posted solid senior housing gains in the third quarter of 2019, thanks in part to the last few years spent unwinding certain “one-sided” relationships while forging new ones under more well-aligned RIDEA structures. That’s according to CEO and Chairman Thomas DeRosa, who on a Tuesday earnings call with investors and analysts laid […]
Senior living operators are under more pressure than ever before, American Seniors Housing Association (ASHA) President David Schless believes. “This is probably as challenging a time as there has ever been — certainly if your buildings are older and haven’t been refreshed,” he told Senior Housing News after the recent 2019 Senior Housing News Summit […]
Nationwide senior housing occupancy is near a historic low, as many providers across the U.S. are grappling with oversupply. The average U.S. senior housing occupancy increased to 88% percent in the third quarter of this year, while construction versus inventory in the U.S. was 6.7%, according to data from the National Investment Center for Seniors […]
Senior Resource Group (SRG) has implemented new evidence-based wellness offerings, announced a new program to reduce hospital readmissions, joined a virtual reality research project, and helped launch a new effort related to Medicare Advantage — all in the past 12 months. But CEO Michael Grust isn’t calling this a new chapter for the Solana Beach, […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Madison Marquette, a Washington, D.C.-based real estate investment manager and real estate services provider, partnered with a Bahraini investment firm to acquire a six-property senior housing portfolio. GFH Financial Group announced the acquisition on Tuesday, valuing the deal at over $180 million. The portfolio totals 509 units/589 beds in a mix of private-pay independent living, […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Watercrest, United Properties Announce Plans for Florida Community Watercrest Senior Living Group and United […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned $60 Million Senior Living, Multifamily Community Planned in Ohio Trustees in Sugarcreek Township, Ohio, […]
