by Steve Monroe | Apr 9, 2025 8:44 am | Opinion
After we and several other news outlets reported on the Chapter 7 bankruptcy filing of Pacifica Senior Living LLC on March 24, we heard from the company about the filing and our story. Apparently, the liquidation filing was for one of their management entities,... Read More »
by Steve Monroe | Apr 4, 2025 4:00 pm | Opinion
In what can only be said is a surprising move, Pacifica Senior Living filed for bankruptcy, but not the usual Chapter 11 bankruptcy protection that would allow them to restructure their assets and debts and continue to operate. No, this is a Chapter 7 bankruptcy... Read More »
by Steve Monroe | Apr 1, 2025 4:00 pm | 60 Seconds, Opinion
Investigate, investigate, investigate. Regulate, regulate, regulate. Why not assist? Why not help? Why not try to understand? Liz, Ron and Kirsten, of U.S. Senate fame, have asked the GAO to investigate the assisted living industry and to see if federal oversight is... Read More »
by Steve Monroe | Mar 18, 2025 3:34 pm | Opinion
The last to report 2024 earnings in our sector, Sonida Senior Living turned in a decent fourth quarter, but maybe not as good as they were hoping for. They are looking to the future, however, and not past performance, and are gearing up for growth. While the... Read More »
by Steve Monroe | Mar 11, 2025 3:41 pm | 60 Seconds, Opinion
While I did not make it to the NIC Spring Conference last week, my colleagues Ben and Steph were there to meet and greet the record crowd. The crowd included a lot of smiling faces. Some takeaways included the expectation that liquidity is returning and that we will... Read More »