BMO Capital Markets expects quicker SNF occupancy recovery, though risks remain with government support...
By
Amy Novotney
Jan 12, 2021
Real estate investment trusts with a large share of skilled nursing operators in their portfolios are likely to see occupancy rates recover more quickly than the more elongated recovery of senior living-focused...
Brookdale’s December occupancy drops to 71.5%
By
Amy Novotney
Jan 13, 2021
Brookdale Senior Living reported new occupancy lows as 2020 ended, with a December weighted average occupancy and month-end occupancy of 71.5%.
Aegis Living CEO: ‘Not sure everyone is going to make it’
By
Amy Novotney
Jun 19, 2020
Experienced senior living operators are adapting to the effects of the COVID-19 pandemic and expect to come out strong on the other side of the current recession. Not all operators will survive, however,...
LTC Properties reports EPS, revenue increases, but suspends 2020 guidance
By
Amy Novotney
May 05, 2020
LTC Properties recorded a net income available to common stockholders of $63.4 million, or $1.60 per diluted share, for the first quarter of 2020, according to earnings information released Monday. That’s...
Barron’s: Skilled-nursing-focused REIT CareTrust in good shape amidst pandemic
By
Amy Novotney
Jun 02, 2020
With plenty of balance sheet flexibility, San Clemente, CA-based CareTrust appears ready to weather the pandemic successfully and continue growing in the near term, predict experts at Barron’s and Seeking...
Four in five small businesses believe coronavirus impact will last another next year: survey
By
Amy Novotney
May 13, 2020
More than four-fifths of small U.S. businesses expect the coronavirus pandemic to affect them for at least another 12 months, according to a survey from global payments network Veem.
SavaSeniorCare to transfer operations for 48 SNFs, ALFs by end of 2021
By
Amy Novotney
Nov 04, 2020
Atlanta-based SavaSeniorCare announced Tuesday its intentions to create a more “nimble, regional organization” by transferring operations of 48 skilled nursing and assisted living facilities in eight...
Most investors plan to expand their portfolios in 2021: report
By
Amy Novotney
Jan 21, 2021
Investors largely are optimistic about a market rebound this year, according to a report released this week by professional services and investment management firm Colliers International Group.
Fed study: More firms cutting investments and payouts during pandemic than last recession
By
Amy Novotney
May 07, 2020
Last month’s earnings calls – some of the first to occur since the global coronavirus began – pointed to financing fears throughout corporate America that far exceeded the 2008 crisis, according...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...