by Steve Monroe | Dec 4, 2024 8:10 am | Opinion
They took it to the wire, but Brookdale Senior Living decided not to renew its leases with Ventas covering 120 communities in a Master Lease that expires December 31, 2025. The deadline was November 30, and they let it pass. Ventas will still collect $113.6 million in... Read More »
by Steve Monroe | Nov 22, 2024 8:16 am | Opinion
What is happening at Life Care Centers of America is a great example of how not to establish a succession plan, especially when it involves one of the largest privately owned senior care companies in the country. The company was founded by Forest Preston nearly 75... Read More »
by Steve Monroe | Nov 22, 2024 8:11 am | Uncategorized
I was saddened to hear of the passing of my old friend Jim Moore, the founder of Moore Diversified Services. I had known Jim for nearly 40 years, and we always enjoyed catching up on the latest industry trends, and a little gossip thrown in as well, when we would see... Read More »
by Steve Monroe | Nov 15, 2024 9:14 am | Acquisitions, Opinion
We have been impressed by Sonida Senior Living management’s ability to get out of its census, cash flow and balance sheet difficulties over the past year. After some acquisitions this year, the company now operates 93 senior living communities, most of them... Read More »
by Steve Monroe | Nov 13, 2024 8:22 am | 60 Seconds, Opinion
So, the 2024 election results are in, and many people were surprised, many shocked, some cried and some cheered, and many who did not vote wished they had. But wherever you are on the political spectrum, if you invest in seniors housing and care, the outlook for you... Read More »