by Steve Monroe | Feb 6, 2024 4:24 pm | Developments, Opinion
Don’t you love it when a plan finally comes together? Sonida Senior Living has been working diligently to streamline its capital structure, not to mention improving its census and margins. Yesterday they announced two major developments which should set the stage for... Read More »
by Steve Monroe | Feb 2, 2024 3:51 pm | Developments
It is all about culture, and handing down responsibility, accountability, and providing financial incentives that makes The Ensign Group tick, and rock every quarter. It is also something some seniors housing providers can learn from. Some companies are doing it, but... Read More »
by Steve Monroe | Jan 30, 2024 4:32 pm | 60 Seconds, Opinion
Whenever there are headlines about anything in senior care, we can always count on Senate hearings, with a lot of unfounded accusations and unrealistic recommendations. This usually leads to a new commission being formed, the results of which are delivered a year... Read More »
by Steve Monroe | Jan 9, 2024 3:27 pm | Developments
Even though it took a year, the 35 assisted living communities that had been leased by LTC Properties to Brookdale Senior Living have now found homes, with some being new. The leases were set to expire at the end of 2023, and in early 2023 discussions began in... Read More »
by Steve Monroe | Dec 28, 2023 2:13 pm | Developments
As with several companies still trying to regain their financial footing after the pandemic, investors were worried about Brookdale Senior Living’s looming debt maturities. Worry no more, at least for the next few years. The company recently obtained a $180 million... Read More »