by Steve Monroe | Dec 22, 2021 9:44 am | 60 Seconds
I thought about doing my usual year-end, cutesy Christmas poem where I roast a few industry leaders and friends, but somehow I just didn’t think it was appropriate this year. Maybe next year. Even though census and operating performance improved this year compared... Read More »
by Steve Monroe | Dec 21, 2021 4:32 pm | Opinion
Perhaps it is because of the new Omicron variant spreading like wildfire, perhaps occupancy growth has stalled, or perhaps investors are just losing patience for a recovery that would boost the share price. Whatever the reasons, Brookdale Senior Living’s share... Read More »
by Steve Monroe | Dec 14, 2021 4:00 pm | Opinion
After the March to September outsized occupancy gains (but to July for some companies), it does seem that census growth is stalling before the Holiday season and the dreaded first quarter. Sonida Senior Living, the rebranded name for the former Capital Senior Living,... Read More »
by Steve Monroe | Dec 13, 2021 9:49 am | Financings
CBRE National Senior Housing arranged more than $200 million in acquisition and recapitalization financing for seven senior living communities across three different transactions. The financing was done on behalf of Monarch Alternative Capital... Read More »
by Steve Monroe | Dec 13, 2021 9:43 am | Opinion
Amid rumors that CareTrust REIT was looking to make some changes, which may have included a sale or merger of the company into another REIT, the company announced that the CEO, Greg Stapley, will be stepping down at the end of the year, and sometime... Read More »