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Occupancy Trouble Brewing, Unusual Joint Venture

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July 7, 2016

NIC: Occupancy Trouble Brewing for Independent Living

Senior housing occupancy worsened in the second quarter of the year, with independent living trends in particular raising red flags, according to the latest information from the National Investment Center for Seniors Housing & Care (NIC). Occupancy for the senior housing sector—including assisted living and…Read More »

Senior Living Providers Forge Unusual Joint Venture in Cincy

Two senior living organizations in Greater Cincinnati have joined forces—as far as their home health and hospice operations are concerned. Cedar Village, an assisted living community in Mason, Ohio, and Maple Knoll Communities, a senior living operator based in Springdale, Ohio, have merged their home health…Read More »

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Movers & Shakers: Touchmark’s New CEO

Touchmark, a Portland, Oregon-based company that develops and operates full-service retirement communities in the United States and Canada, announced the promotion of Marcus P. Breuer to CEO. He takes over the leadership position from Founder and Chairman Werner G. Nistler Jr. Breue…Read More »

Ventas Inks $1.5 Billion Acquisition to Enter New Real Estate Sector

Ventas Inc. (NYSE: VTR), a real estate investment trust that is one of the premier owners of senior housing properties nationwide, is continuing to diversify by acquiring a portfolio of life science and medical real estate assets for $1.5 billion in cash. The portfolio includes…Read More »

Senior Care Crisis Looms as New Doctors Avoid Geriatrics

The lack of geriatricians and other health care professionals specializing in senior care is no secret, but dramatic under-enrollment in training programs nationwide should be ringing alarm bells, according to a recent NPR report. For the past three years, no new students have enrolled in…Read More »

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