Brightview, Summit Vista Rank No. 1 Among 2020’s Best Workplaces in Aging Services

Brightview Senior Living and Summit Vista are the top workplaces in senior living for employee satisfaction, according to this year’s Best Workplaces in Aging Services list. Baltimore-based Brightview, which operates a portfolio of 42 communities, took the No. 1 spot among large providers for the second year in a row; while Summit Vista, a life […]

Welltower Credits ‘Painful’ Restructuring for Strong Senior Housing Performance

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 […]

Welltower Posts Strong Senior Housing Numbers Amid Operator Reshuffles

Welltower’s (NYSE: WELL) senior housing portfolio performance continued to pace strong earnings in the second quarter of 2019 — a period marked by a flurry of transactions. Leadership of the Toledo, Ohio-based real estate investment trust put those deals in greater context during Wednesday’s earnings call. They were approached by a buyer who offered attractive […]

Senior Housing Operators Must Address Risks as Liability Insurance Costs Grow

Faced with rising liability insurance costs, senior housing providers are working with insurers and insurance brokers to address the issue by identifying and managing risks. Liability insurance rates are expected to rise by as much as 30% in 2019, according to insurance broker Willis Towers Watson. The growth in claims, payouts and settlements is so […]

Welltower, Johns Hopkins Unveil Assisted Living Quality Framework

Welltower (NYSE: WELL) has released the results of a study conducted for the health care real estate investment trust (REIT) by Johns Hopkins Medicine (JHM) that may eventually establish best operating practices in assisted living and memory care communities across the country. The National Assisted Living Quality report is the result of a three-plus-year process […]

Silverado Pilots New Program to Reduce Parkinson’s Stigma

Irvine, California-based senior living provider Silverado has launched a new pilot program to maximize functioning for its residents living with Parkinson’s disease, as well as to help reduce the stigma that surrounds the disease and other movement disorders. So far, the new program is being piloted in one community in Chicago and one in Houston. The new program […]

Senior Housing Investments & Transactions: REIT Mega Deal, LTC Properties

Washington Nursing Facility Sells for $6.6 Million  Shoreline Health and Rehab, a 106-bed skilled nursing facility in Shoreline, Wash., recently sold for $6.625 million, a purchase price driven, in part, by its $3 million renovation in 2012, according to Evans Senior Investments, which facilitated the sale. “Although well-managed from an expense perspective, the facility historically […]

How Memory Care Communities Are Tackling the NFL’s Concussion Crisis

After sustaining years of head-on collisions playing America’s billion-dollar pastime, a growing number of former NFL players are being diagnosed with chronic traumatic encephalopathy (CTE) — a result of concussions from head-banging. And memory care providers are taking note, with one former NFL player creating the first sports-themed memory care community that is slated to […]