HCP To Sell 15 Million Shares of Stock HCP (NYSE: HCP) is selling 15 million shares of its common stock. The stock consists of 2 million shares offered directly by the company and 13 million shares offered on a forward basis in connection with a forward sale agreement, at a price of $28.90 per share. The forward buyer, […]
Sunshine Retirement Living
Senior living providers are increasingly using ridesharing services to transport their residents wherever they want to go at the drop of a hat—but if they’re not paying attention, they could hit a bump in the road. Accidents, injuries to residents, misconduct from drivers and insurance woes are all risks providers need to watch out for […]
Wildfires sweeping across Northern California have led to mass evacuations, with seniors among more than 20,000 people who fled their homes—thousands of which have been destroyed. It’s likely that some of these displaced older adults will now decide to live in a senior housing community, either on a temporary or permanent basis. Sunshine Retirement Living […]
Senior housing providers increasingly have been utilizing ride-hailing apps to expand residents’ transportation options, and one company in particular has been announcing new initiatives at a steady clip. The popular San Francisco-based ride-hailing company, Lyft, launched in 2012 and is now expanding in numerous directions — one being into senior living and care partnerships. Some […]
BMA Management Tapped to Operate 2 New Ill. Communities BMA Management has been picked to operate two senior living communities currently being developed in Illinois. Both will serve low-income seniors through the state’s Supportive Living Facility program. Goldblatts Senior Living Community is being developed in the historic Goldblatts Department Store building in Chicago’s Back of […]
In efforts to better assist senior living providers in managing and evaluating relationships with prospective residents, lead giant A Place for Mom, Inc. has introduced new enhancements to its proprietary lead management software. New updates to the company’s You’ve Got Leads system include changes in functionality, which aim to drive user productivity and lead conversion […]
Construction: Planned Benchmark Senior Living Proposes Pleasantville Community Benchmark Senior Living has proposed an 87-unit assisted living community in Pleasantville, N.Y., reports the Pleasantville Daily Voice. The community would be on a 3.5 acre plot of land next to a local church, which has agreed to sell the land to Benchmark pending the project’s approval. […]
Online senior living resource SeniorHomes.com on Tuesday released a list of top-rated senior living communities located in nearly 20 major metropolitan markets across the United States. To generate the Best Senior Living Awards list of top-rated and winning communities, SeniorHomes.com compiled state inspection reports, consulted with more than 200 senior living professionals to get their […]