The former CEO of an Oregon-based senior housing development and management firm who pleaded guilty to fraud in 2015 saw his prison sentence commuted by…
Posts published in “Management”
Life plan community residents who are more extroverted are generally happier than their peers — and that held true even as the Covid-19 pandemic forced…
Cano Health is primed for expansion, as it prepares to go public via a special purpose acquisition company (SPAC) deal, announced in November, that values…
Numbers from real estate investment trust Welltower (NYSE: WELL) provide the latest evidence that high Covid-19 infection rates across the country are taking a toll…
Co-operative senior housing is weathering the pressures brought on by Covid-19 that are straining resources and operations across the greater industry. Sales of co-operative senior…
Senior living providers are still devoting considerable time and resources to Covid-19 testing, even as they ramp up vaccination efforts for residents and staff. The…
For the senior living industry, the incoming Biden administration and Democratic control of Congress means new opportunities for advocacy and education — and potentially some…
Covid-19 will continue to drag on senior housing operations and net operating income (NOI) until vaccines are widely distributed, and NOI is expected to reach…
Although Covid-19 made the process longer and more complicated than anticipated, a new senior living operator — Prosper Life Care — has now acquired its…
Senior living providers in the Northeast U.S. ran into significant challenges as Covid-19 spiked last spring, and Benchmark was no exception. The Waltham, Massachusetts-based senior…
Occupancy continued to slide for Brookdale Senior Living (NYSE: BKD) as 2020 came to an end, with both weighted average occupancy and month-end occupancy sitting…
After two decades of leading Capital Senior Living (NYSE: CSU), Larry Cohen left the company in 2018 — and spent the next two years preparing…
Atria Senior Living is making the Covid-19 vaccine a requirement for its employees. The Louisville, Kentucky-based senior living provider announced on Monday its more than…
A team of senior living veterans including former Capital Senior Living (NYSE: CSU) CEO Larry Cohen is launching a new operating company, Trustwell Living. Cohen…
Papa, a service that provides on-demand companionship to older adults, now has gone nationwide and launched a new Papa Health service. Having raised a total…
Capital Senior Living (NYSE: CSU) has completed the previously announced exit from its triple-net leases and is now entering the growth stage of its turnaround…
Senior housing’s post-coronavirus recovery may take longer than some expect, with cash flows and occupancy not returning to pre-pandemic levels until 2025. That is according…
Senior living occupancy rates have reached a new low as pressures from the Covid-19 pandemic continue. Furthermore, the number of senior living operators with occupancy…
The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they…
by Lynne Katzmann I can’t remember a new year that has brought more hope for a better future than this one. That said, many of…