AHR’s New Interim CEO
American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective February 3, 2026. Hanson will work closely with AHR’s senior leadership team to ensure continuity of operations and continued execution of the company’s strategic priorities. We are wishing Danny well. Read More »
60 Seconds with Swett: Can SNF Supply Match Buyer Demand?
We have been inundated with deals since January 1st, with more than 30 already made public, and the activity is coming on the heels of a record-breaking 2025 when we recorded more than 870 separate transactions. Phew. Based on many of our conversations throughout the last year, much of the momentum in the M&A market has centered around the seniors housing sector, as both distressed and higher-quality, performing properties were brought to market amid improving capital markets conditions. Looking at U.S. skilled nursing deal activity, however, according to LevinPro LTC, transactions were relatively flat year over year, despite a higher overall spend. It’s true that the SNF market... Read More »
Brookdale Finally Names a COO
A decade without a Chief Operating Officer? Maybe that is why Brookdale Senior Living has been suffering. But, they are finally filling the position. Mary Sue Patchett is taking on the role, effective December 1st. With Brookdale’s new regional operating model, which she helped redesign and implement, she will have six regional vice presidents, as well as leaders in clinical, dementia care, service alignment, resident and family engagement and experience and dining reporting to her. Patchett brings 40 years of senior living operations experience, currently holding the title of Interim Executive Vice President – Community and Field Operations at Brookdale. She joined the company... Read More »
Brookdale Continues Winning Streak
The big question is, why did this not happen earlier? We are talking about Brookdale Senior Living’s occupancy recovery, and why the previous leadership seemed unable to move the needle, but as soon as they were gone, everything has been on an upward trend. Hmmmmm. Things are not perfect at Brookdale, but they never were. However, same-community occupancy is up by 260 basis points year over year to 82.3%. Even though it lags the rest of the industry, we will take it. Same-community month-end occupancy in October was 84.2%, the highest in years, and a great sign, especially going into the historically tough fourth and first quarters. That represents a 400-basis point increase since... Read More »
Bullish Move by Welltower
Welltower has been a growth and M&A machine under the leadership of Shankh Mitra. As of October 27, the REIT has closed or has under contract close to $14 billion of pro rata gross investments across the U.S., Canada and the United Kingdom this year. These include more than 700 seniors housing properties with more than 46,000 units. Not too shabby. We have covered some of these transactions in other stories, but what really caught our eye was the announcement that Mitra and four other key executives are going to put their future compensation where their strategy is, or something like that. They are “all-in” on increasing shareholder value, which is a good thing, as long as no corners... Read More »Schedule a demo
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