Career development and more targeted benefits are among the top ways that senior living operators are seeking to better support employees ahead of 2025. Operators today contend with a range of workforce challenges, including the lack of licensed nursing staff and contend with the steep responsibilities associated with providing care to today’s senior living residents. […]
Trilogy Health Services
Some companies and leaders are hesitant to build a full continuum of care for senior living, given the challenges of skilled nursing – not Trilogy Health Services or its CEO, Leigh Ann Barney. The Louisville, Kentucky-based senior living company has a model that includes units ranging from independent living patio homes to skilled nursing and […]
This story is part of your SHN+ subscription In 2024, the senior living industry sits at the crossroads of excitement and uncertainty. That was on full display during panel discussions at the recent Senior Housing News reBUILD conference. On the one hand, the senior living industry is gearing up for a big year in new […]
Leaders at American Healthcare REIT (NYSE: AHR) believe the company’s recent acquisition of the remaining ownership stake of Trilogy Health Services could fuel future development and capital allocation. The Irvine, California-based REIT real estate investment trust (REIT) announced the purchase of an additional 24% interest in Trilogy for $258 million in September, making it the […]
American Healthcare REIT (NYSE: AHR) on Tuesday announced it has exercised a purchase option to acquire the remaining 24% ownership stake of Trilogy Health Services. Trilogy acquired the minority stake from its joint-venture partner, an affiliate of NorthStar Healthcare Income. The amount that changed hands with the transaction was $258 million, according to a press […]
The senior housing industry is engaged in a “Goldilocks” period of growing rates and margins, according to leaders with American Healthcare REIT (NYSE: AHR). The industry is seeing a period of historically low construction starts and high demand according to Brian Peay, chief financial officer of American Healthcare REIT. For the company’s operating partners, including […]
Leaders with American Healthcare REIT (NYSE: AHR) see a variety of avenues ahead for margin growth beyond simply growing occupancy. Much of that is to do with the “unique business” of Trilogy Health Services, executives from the Irvine, California-based real estate investment trust (REIT) told investors and analysts during an earnings call Aug. 6. Trilogy […]
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Trilogy Health Services expanding in Midwest Louisville, Kentucky-based Trilogy Health Services will develop and expand […]
Senior housing remains an important part of American Healthcare REIT’s (NYSE: AHR) overall opportunities to grow, according to the company’s management. On a call with investors and analysts Tuesday, CEO Danny Prosky noted that the company’s current best risk-adjusted returns are “within Trilogy [Senior Living], both exercising the purchase option and growing the existing portfolio.” […]
This article is part of your SHN+ subscription It’s a common refrain in senior living: Today’s independent living is yesterday’s assisted living; and today’s assisted living is yesterday’s skilled nursing. Although that is obviously an oversimplification of the senior living care continuum, the current acuity level of residents is driving major strategic decisions at big […]