NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has received $53 million as part of a settlement with members of its own Board of Directors, as well as the company’s largest investor (Fortress Investment Group) and operator (Holiday Acquisition Holdings LLC).
Legal Issues
WASHINGTON, D.C. — A recent court settlement between several civil rights organizations and social media giant Facebook may have unintended consequences for seniors housing operators, according to the American Seniors Housing Association (ASHA), a D.C.-based advocacy group serving seniors housing industry.
WOOD COUNTY, Wis. — Atrium Health and Senior Living, a skilled nursing and seniors housing operator based in New Jersey, has placed 33 of its properties into receivership, according to a Wood County Circuit Court filing. The news was first reported by the Milwaukee Journal Sentinel.