by Steve Monroe | Oct 3, 2024 3:22 pm | Opinion
All we can say is, it is about time. The former owner of Skyline Healthcare (or Skyline Management), Joseph Schwartz, is finally going to trial on his “alleged” fraud scheme, although he did plead guilty. He and his “team” walked away from leases on more than... Read More »
by Steve Monroe | Oct 3, 2024 3:16 pm | Opinion
Priority Life Care (PLC), based in Fort Wayne, Indiana, was just recognized as one of Fortune’s Best Workplaces in Aging Services for 2024. This comes after recognition as a Great Place to Work certification for the May 2023 to May 2024 cycle, the second year in a row... Read More »
by Steve Monroe | Oct 2, 2024 8:58 am | Acquisitions
Brookdale Senior Living made a series of announcements as the third quarter ended, most of which appear to be setting the stage for better times ahead and an improved capital structure. But, and there is always a but, there is still more work to be done and one large... Read More »
by Steve Monroe | Sep 18, 2024 8:50 am | Opinion
In this post-COVID world, Ventas continues to modify existing leases with major tenants with an eye to the future. First was Brookdale Senior Living several years ago, and now it is with its original tenant going back more than 25 years, Kindred. Ventas owns 23... Read More »
by Steve Monroe | Sep 11, 2024 8:58 am | Opinion
Last week, Retirement Unlimited Inc. (RUI), announced that its President, Doris-Ellie Sullivan, had stepped down “to pursue other opportunities.” That is usually a signal that the person did not leave without getting pushed out. Given what we heard about the poor... Read More »