Occupancy trends mixed across long-term care settings: NIC survey
By
Amy Novotney
May 15, 2020
One in five operators saw an uptick in skilled care occupancy levels last week, according to responses provided by owners and executives at 100 seniors housing and skilled nursing operators nationwide....
Invesque announced several moves Wednesday to preserve cash and strengthen the company’s balance sheet. These included the suspension of its dividend for common shareholders, executive compensation and...
Assisted living could be target for COVID-19-related criminal investigations, attorney general says
By
Kimberly Bonvissuto
May 14, 2020
Although skilled nursing facilities are the target of newly announced criminal neglect investigations in Pennsylvania amid COVID-19 outbreaks, the state attorney general’s office said those investigations...
Coronavirus forcing investors to realize seniors housing is not just a real estate play
By
Amy Novotney
May 14, 2020
After years spent viewing seniors housing as a potential cash cow given the graying of the baby boomer generation, the coronavirus pandemic is forcing investors in the sector to recognize that they are...
NHI reports COVID-19 cases remain at less than 1 percent across its portfolio
By
Kimberly Bonvissuto
May 13, 2020
As with other senior housing operators and real estate investment trusts with senior housing properties, National Health Investors reported that COVID-19 has presented challenges to its business, but positive...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
Ensign Group has strong first quarter; National Health Investors withdraws guidance
By
Amy Novotney
May 13, 2020
San Juan Capistrano, CA-based Ensign Group reported a nearly 30% quarter-over-quarter increase in its per-share earnings, according to information discussed during the firm’s 2020 first-quarter earnings...
Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
Ventas beats earnings expectations, enters new agreement with Holiday; other companies report ongoing...
By
Amy Novotney
May 11, 2020
Chicago-based Ventas reported first-quarter 2020 earnings per share of $1.26 Friday, 91 cents higher than the first quarter of 2019. Net income also exceeded prior-year results, the company noted, mostly...