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Proven Operators Are A Difference Maker in Today’s Frothy Market, Say Panelists

CHICAGO — There are many aspects to consider during development of a seniors housing project, ranging from amenities to technology to demographics. However, the biggest key to whether a seniors housing project can succeed over a long period of time is the quality of the operator, according to several expert panelists at the InterFace Seniors Housing Midwest conference held last Thursday, June 11 at The Westin Chicago River North.

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Genesis Acquires 24 Skilled Nursing Facilities, Operations Business from Revera for $240M

KENNETT SQUARE, Pa. — Genesis HealthCare, a post-acute care provider based in Kennett Square, has agreed to purchase 24 skilled nursing facilities from Revera Inc., an owner-operator based in Canada, for $240 million. As part of the deal, Genesis will also acquire the operations of Premier Therapy, Revera's contract rehabilitation business.

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