Top 10 Senior Housing News Stories of 2017

2017 has been a wild ride for many industries—the senior living industry included.  This year, industry news was once again dominated by Brookdale Senior Living (NYSE: BKD). There were takeover predictions, acquisition rumors and analyst think pieces, but ultimately no merger deals—at least as of Dec. 17.  We also have a strong feeling that we […]

Senior Housing Investments & Transactions: Fortis Files for Receivership

Fortis Management Group Files for Receivership Fortis Management Group filed for receivership in an agreement with its landlords, the company revealed on July 12. The Milwaukee-based management company operates 60 skilled nursing facilities and five independent and assisted living communities throughout Michigan, Minnesota, Wisconsin, Oregon, Washington and Idaho. Read the full story on Skilled Nursing […]

Could a Brookdale-Holiday Merger Follow $3.3 Billion Fortress Sale?

Fortress Investment Group (NYSE: FIG), the investment management firm behind Holiday Retirement and New Senior Investment Group (NYSE: SNR), will be acquired by Japanese technology giant SoftBank Group for about $3.3 billion in cash. The companies confirmed the deal late Tuesday, after The Wall Street Journal first reported on it. The acquisition has sparked speculation […]