Senior living starts 2024 facing workforce challenges, financial issues… ‘Bleak’ outlook: Unknowns and impossibilities shrink nursing home provider optimism for 2024 … IRS increases employee retention...
Actions & Transactions, Jan. 2
By
Kathleen Steele Gaivin
Jan 02, 2024
California AG conditionally approves change in control, governance of Mercy Retirement and Care Center to Transforming Age … Utility Bank provides multimillion dollar construction loan for Clinton, NJ,...
Report suggests market opportunities for senior living
By
Kathleen Steele Gaivin
Dec 19, 2023
Conventional wisdom that care at home is less costly than assisted living is not necessarily true anymore, according to a recent report from the Joint Center for Housing Studies of Harvard University and...
Actions & Transactions, Dec. 12
By
Kathleen Steele Gaivin
Dec 12, 2023
Construction underway for $25M Vergennes Grand Senior Living expansion project in Vermont … Texas Capital, FHLB Dallas celebrate opening of affordable senior housing in Fort Worth … Chelsea Senior...
Occupancy, revenue trend upward in Q3 for HTI
By
Kathleen Steele Gaivin
Dec 08, 2023
Occupancy in the Healthcare Trust Inc.’s senior housing operating portfolio, or SHOP, segment of its portfolio grew by 0.8% to 74.1% in the third quarter compared with the prior quarter, CEO Michael...
Business briefs, Dec. 7
By
Kathleen Steele Gaivin
Dec 07, 2023
University-affiliated senior living communities taking advantage of popular trend … Senior living operator Revel first in sector to adopt next-gen security platform … Bedrock Healthcare at Home partners...
Business briefs, Dec. 6
By
Kathleen Steele Gaivin
Dec 06, 2023
Incentives undermine senior living sales process, threaten rate integrity: expert … 4 Iowa SNFs added to federal watchlist … InnovAge acquires ConcertoCare’s PACE programs … Clarendale West End...
Actions & Transactions, Dec. 1
By
Kathleen Steele Gaivin
Dec 01, 2023
Fitch Ratings affirms Casa de las Campanas issuer default rating at BBB+; outlook stable … Fitch affirms Oak Crest Village (MD) IDR at ‘A’; outlook stable … Merchants Capital provides $17.4M in...
Actions & Transactions, Nov. 30
By
Kathleen Steele Gaivin
Nov 30, 2023
Northbrook, IL, senior living community breaks ground on $66.5M expansion … Premier Senior Living adds 3 communities to management portfolio … Blueprint brokers sale of Catawba Island, OH, senior living...
‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.