U.S. News & World Report — which issues influential rankings of hospitals, nursing homes, universities and other businesses — is turning to senior living. The publication plans to rate* U.S. senior living brands based on standardized consumer input gathered through surveys created by Activated Insights. Activated Insights is the organization that is also behind the […]
Sunrise Senior Living
Brightview Senior Living and Summit Vista have again come out on top in the annual Best Workplaces in Aging Services list. The list, now in its fourth year, ranks the top aging services workplaces among 25 large senior housing and care providers and 25 small- and medium-sized senior housing and care providers. The list is […]
Sunrise Senior Living has hired Nick Stengle as the company’s new COO while also naming Tav Hare CFO. The hirings deepen the McLean, Virginia-based company’s leadership bench, particularly on the in-home services side. Stengle previously worked as COO of Kindred at Home, the nation’s largest home health provider, which is being fully acquired by insurance […]
The headline from Welltower’s Q2 2021 earnings call was the record investment pace that the real estate investment trust (REIT) is setting. However, I was most interested in news related to two senior living operators: Sunrise and Oakmont. Under a new joint venture, Welltower expects to roughly double its Oakmont portfolio through the acquisition of […]
The positive momentum within Ventas’ (NYSE: VTR) senior housing operating portfolio (SHOP) that manifested in the first quarter of 2021 continued into the second quarter and July. New leads and move-ins in the quarter exceeded Q1 2019 levels, with the former setting a new high. Occupancy has improved sequentially for five straight months. And the […]
Welltower’s (NYSE: WELL) senior housing portfolio is rebounding from its pandemic lowpoint, and the company continues to ink investments in senior housing and other asset classes. In fact, after investing nearly $1.4 billion in Q2 2021, CEO Shankh Mitra predicted that Q3 could be another record quarter. But while the company is making progress on […]
Sunrise Senior Living has announced plans to transfer management of all of its care homes in the United Kingdom to two different local operators. Signature Senior Lifestyle and Care UK are set to take over operations of the McLean, Virginia-based senior living provider’s 46 communities operating under the Sunrise and Gracewell Healthcare brands by the […]
Enso Village, the $300 million life plan community under development from Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, now has the majority of its capital stack in place to begin construction. Chicago-based investment bank Ziegler closed on a $297 million bond debt package on behalf of the joint venture. The bonds were […]
When I learned that Atria Senior Living is acquiring Holiday Retirement, I thought back to April 2019. That month, I was at the event announcing the results of the NIC middle-market study. Much of the discussion focused on how new operating and financial models are needed to create middle-market senior housing at scale. I wondered […]
Construction: Planned MorningStar, Edgemark Plan Colorado Community MorningStar Senior Living and co-developer Edgemark Development are planning to open a new senior living community in Centennial, Colorado. The community, MorningStar Senior Living at Holly Park, is slated to have 160 independent living, assisted living and memory units. Planned amenities include an indoor saline pool, fitness and […]
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