How to Work with Cities on New Developments

Making a partner of your municipality can smooth over many challenges. By Chad Suitonu The hardest thing about senior living development is finding the right land. Many of the good spots are already taken and competition is fierce for the

Make Safety a Competitive Advantage

COVID-19 broke seniors’ trust, and successful communities must repair it. By Raj Shah, CareSafely Running a seniors housing business is an inherently risky proposition. As an operator, you are trusted with caring for residents and patients with complex and persistent

Private Equity Faces Challenges and Opportunities Amid COVID-19

By Michael Okaty and Mark Scimeca, Foley & Lardner The private equity investment landscape for seniors housing has, like so many things this year, been profoundly disrupted by the ongoing COVID-19 pandemic. From 2016 through the third quarter of 2019,

2Life Communities Names Jeff Sacks as Chairman of the Board

BOSTON — 2Life Communities, a Boston-based developer, owner and operator, has named Jeff Sacks as the company’s chairman of the board. He replaces Donna Kalikow, who will continue to serve on the board. Sacks, a partner with Nixon Peabody, is

Protecting Long-Term Facilities in a Mass Tort Era

Legal protections are complicated in the world of COVID-19. By Matt Keenan and Jenn Hatcher, Shook, Hardy & Bacon The owners and operators of long-term care facilities know better than almost everyone does how the destructive evil known as COVID-19

AHCA/NCAL Call on Governors for Help with Lab Processing, PPE

WASHINGTON, D.C. — The American Health Care Association (AHCA) and National Center for Assisted Living (NCAL) have issued a letter to the National Governors Association asking for stronger state support regarding lab processing and personal protective equipment in long-term care.

Propel Insurance Acquires Senior Living Specialist HealthCare Services

KNOXVILLE, Tenn. — Propel Insurance, a leading retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a boutique risk management and insurance consulting firm based in Knoxville. HCS specializes in serving senior care organizations.

Business Realities in the Age of COVID-19

Pandemic creates numerous legal issues for seniors housing operators. (Editor’s note: This column was written by law specialists at Hanson Bridgett. Because of the wide variety of challenges, the law firm asked each subject matter expert to write about his

AHCA: Nationwide Skilled Nursing COVID-19 Testing Would Cost $440M

WASHINGTON, D.C. — Testing all residents and staff and skilled nursing facilities nationwide just once would cost $440 million, according to data compiled by the American Health Care Association (AHCA), based in Washington, D.C. The organization notes that at that

Argentum Comments on Federal COVID-19 Aid Package

WASHINGTON, D.C. — Argentum, a D.C.-based organization representing seniors housing operators, has weighed in on the $484 billion aid package passed on Friday. The bill provides further relief for Americans and businesses suffering from the economic impact of the COVID-19

LTC Sells 22 Preferred Care Skilled Nursing Facilities for $77.9M

WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a Westlake Village-based REIT that invests in seniors housing and healthcare properties, has completed the sale of its entire portfolio of Preferred Care-operated properties. Preferred Care declared bankruptcy in 2017 amid

The Great Medicare Advantage Experiment

As senior living providers pursue partnerships in the healthcare industry, here are five critical points to keep foremost in mind. By Jane Adler With owners and operators of senior living properties serving an increasingly frail population of elders, Medicare Advantage

A Good Hill to Try On

Seniors housing professionals seek solutions to affordability, labor shortages and more through legislative lobbying and legal means. By Jeff Shaw The challenges of owning and operating seniors housing are not news to anyone in the industry, but the solutions may

Ventas Appoints Carey Roberts as General Counsel

CHICAGO — Ventas Inc. (NYSE: VTR) has hired Carey Shea Roberts as executive vice president, general counsel, and ethics and compliance officer. Roberts will lead the company’s legal, compliance and enterprise risk management functions, reporting to Debra Cafaro, Ventas chairman