by Steve Monroe | Aug 31, 2022 10:13 am | 60 Seconds
We learned two days ago that our friend Bill Sheriff passed away over the weekend. We lost a true gentleman and a true leader in the seniors housing industry. Not many people knew Bill well, as he was a quiet, but thoughtful, man. Known to be a man of few words, I had... Read More »
by Steve Monroe | Aug 19, 2022 9:07 am | Acquisitions
Atlas Healthcare, a skilled nursing provider based in central New Jersey, acquired a portfolio of 3 senior care properties in the greater Hartford, Connecticut area. Evans Senior Investments represented them in the transaction. Featuring one independent living... Read More »
by Steve Monroe | Aug 17, 2022 9:18 am | Acquisitions
Chartwell Retirement Residences, the largest Canadian seniors housing company, has agreed to sell two of its long-term care facilities for C$112 million, or C$424,000 per bed (or US$331,000 per bed). Net proceeds to Chartwell are expected to be C$56.8 million after... Read More »
by Steve Monroe | Aug 15, 2022 11:13 am | Opinion
We are truly glad to see that Sonida Senior Living (formerly Capital Senior Living) is seeing improvements in census, contract labor use, rates and revenues. We are sure outgoing CEO Kim Lody wanted to leave with some upbeat news. Census (84% at quarter end) is now... Read More »
by Steve Monroe | Aug 10, 2022 8:46 am | 60 Seconds
Brookdale Has Great Start To Third Quarter Nearly two years ago, we wrote that the first half of every year was a census downer for the industry, but that the third quarter was always a winner. We are making history, or better said, you are making history. The first... Read More »