News

Senior Living Community For Football Players Now Set To Open In 2020

September 5, 2017, Lois Bowers, McKnight's Senior Living - A 143-bed senior living community for retired professional football players should be complete in Canton, OH, in time for the 100th anniversary year of the National Football League, 2020, the 

Kindred Scores $519 Million In First Closing Of Skilled Nursing Exit

September 5, 2017, Emily Mongan, McKnight's Long-Term Care News - Kindred Healthcare has sold off the first batch of skilled nursing facilities as part of its exit from the sector, the company 

Ventas Receives $488 Million From Sale Of 22 SNFs

September 4, 2017, Alex Spanko, Senior Housing News - Ventas, Inc. (NYSE: VTR) on Thursday announced it had completed the initial phase of its sale of 36 skilled nursing facilities (SNFs) that are presently operated by Kindred Healthcare, Inc. (NYSE: KND).  Specifically, Louisville, Kentucky-based…

HCP, CareTrust REIT Provide Updates After Hurricane Harvey

September 4, 2017, Elizabeth Jakaitis, Senior Housing News - HCP Inc. (NYSE: HCP) and CareTrust REIT (Nasdaq: CTRE) both issued statements on Thursday to provide an update on their residents and communities in the aftermath of Hurricane Harvey.  Though each had to evacuate senior housing…

Labor Contracts Show Little Impact On SNF Employees' Job Satisfaction, Study Finds

August 28, 2017, Emily Mongan, McKnight's Long-Term Care News - Workplace culture and teamwork may play a bigger role in keeping nursing home employees satisfied than collective labor contracts, a 

SNF Turns Therapy Gym Into Makeshift Bedroom To House Residents Evacuated By Hurricane Harvey

August 28, 2017, Emily Mongan, McKnight's Long-Term care News - A Texas skilled nursing facility jumped from 80 beds to 150 late last week as it welcomed residents from a sister facility evacuating ahead of Hurricane Harvey.  Ninety residents from Gulf Point Plaza in Rockport, TX,…

New MOB Report Ranks Metros With Growing Senior Populations

August 27, 2017, Mary Kate Nelson, Senior Housing News - Senior housing isn’t the only business where success can be tied to the number of older adults within a particular market. In some ways, the success of the medical office industry also depends on the same thing.  Older adults, after…

Dished: Maplewood’s Farm to Provide More Than Fresh Food

August 27, 2017, Tim Mullaney, Senior Housing News - Maplewood Senior Living has ambitions to create top-flight urban senior housing, but is also undertaking a project…

The Enigma Of The CCRC Market: The Care Model That Won’t Die

August 25, 2017, Steve Monroe, Senior Care Investor - Out of all the care and service models available to the elderly population, the CCRC market has been marked for death far too many times.  Is the CCRC model doomed?  It depends on whom you ask.  Will the baby boomers want it?  Some, but…

Growing Senior Living Operator Sees Benefits In Skilled Care

August 24, 2017, Alex Spanko, Senior Housing News - Operating a continuing care retirement community (CCRC) generally requires the full continuum of senior living services, from independent living to long-term senior care.  But amid troubles in the skilled nursing marketplace, some senior…