Covid-19 took United Methodist Communities on a wild ride with regard to occupancy, but CFO Bob Peterson expects to be moving in the right direction…
Posts published in “Bottom Line”
The pace of nonprofit affiliations accelerated in recent years, and the drivers behind consolidation are expected to grow in a post-pandemic landscape. Those drivers include…
With a reconstituted executive team in place, financial restructuring of one life plan community complete, and occupancy beginning to recover from 2020 lows, Lifespace Communities…
With communities in New Jersey and Delaware, Springpoint Senior Living was at the epicenter of the first wave of Covid-19 last spring — and the…
Like many nonprofit providers, Westminster Communities of Florida is balancing stability amidst Covid-19 pressures with maintaining its bond rating. And that may prove to be…
The Bottom Line: United Church Homes Evolves Its Model with Diversified Services, Middle-Market Push
Like many nonprofit providers, United Church Homes offset operational and occupancy pressures stemming from Covid-19 by diversifying its service offerings. The Marion, Ohio-based provider is…
Presbyterian Senior Living (PSL) CFO Dyan McAlister has experienced several challenging moments during her 22 years at the Dillsburg, Pennsylvania-based nonprofit operator. But none of those…
About 60 days ago, leaders at Cedarhurst Senior Living came to a realization, causing them to shift from crisis response to restarting enterprise growth on…
The Pennant Group (Nasdaq: PNTG) was already contending with transitional headwinds related to its spinoff from the Ensign Group (Nasdaq: ENSG) when the coronavirus pandemic…
KeyBank secures $84M financing for 11-property Midwest Health portfolio. A KeyBank Real Estate Capital team led by Vice President Lee Delaveris secured an $84 financing…
National Health Investors (NYSE: NHI) Executive Vice President and CFO John Spaid says he has never seen the economy disrupted as fast as it has…
After affiliating with Sanford Health in 2019, the Evangelical Good Samaritan Society entered 2020 on stable footing and with access to ample financial resources as…
Although the senior living industry is taking a cautious approach to embracing Medicare Advantage, Ohio Living CFO Bob Stillman believes that the program will lead…
Civitas Senior Living launched a lot of experiments to innovate operational practices in 2019, and several of them failed. But that’s not a bad thing,…
Misty Hansen was not expecting a job offer when she met with Watermark Retirement Chairman David Freshwater and CEO David Barnes about four years ago.…
Pam Kessler joined LTC Properties (NYSE: LTC) during a time of crisis for the real estate investment trust and the whole senior housing and care…
Jamie Ranzan knew what she wanted to do from an early age. “I have wanted to work in senior living since I was 10 years…
Harbor Retirement Associates (HRA) is focused on high-end communities and programming for residents — and that can help defend against competitors that resort to deep…
Since Greg Puklicz joined 12 Oaks Senior Living in May 2018, he has helped lay the groundwork for a rapid expansion of scale. The family-owned…
As with many who enter senior living, New Perspective Senior Living CFO Ryan Novaczyk’s story is personal. He and his family cared for his grandmother…