Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
DHC to transition 108 Five Star senior living communities to other operators by year’s end
By
Amy Novotney
Apr 12, 2021
Diversified Healthcare Trust will amend its management arrangements with Five Star Senior Living to transition 108 senior living communities, representing approximately 7,500 units, to other operators...
Economic impact of coronavirus continues to escalate
By
Amy Novotney
Mar 09, 2020
Market turbulence amidst the continuing spread of coronavirus continued Friday as stocks and oil prices tumbled and the yield on the benchmark 10-year Treasury note fell below 0.7% for the first time.
Companion robot will not go mainstream in 2022
By
Amy Novotney
Dec 20, 2021
Although 2021 saw renewed investment and focus on the social robotics market, 2022 will not be the breakout year the industry is hoping for, according to a new report on technology trends.
DHC: 65 percent of residents vaccinated; sales leads up 83 percent since start of fourth quarter
By
Amy Novotney
Feb 02, 2021
Diversified Healthcare Trust announced a series of business updates Monday regarding the ongoing effects of the COVID-19 pandemic on the real estate investment trust’s business and operating results.
Subtle signs point to start of recovery for senior living industry
By
Amy Novotney
Dec 10, 2020
One positive to the otherwise devastating effects of the COVID-19 pandemic on the senior housing industry has been that it appears to be helping to more favorable align future supply and demand fundamentals,...
Pennant Group making gains in midst of spin-off
By
Amy Novotney
Mar 06, 2020
When it comes to senior living, 2019 was a positive year for the Pennant Group, a senior living, home health and hospice company. Still, significant work remains to unlock the tremendous potential within...
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...
Healthpeak reduces 2021 guidance and dividends, continues senior living exit
By
Amy Novotney
Feb 11, 2021
Denver-based Healthpeak Properties reported fourth-quarter adjusted funds from operations Tuesday of 41 cents per share, surpassing several analysts who had estimated 40 cents per share.
With COVID-19 cases down to just two per day in recent weeks within a portfolio serving 40,000 residents, and a 100% resident vaccination rate expected by the end of the month, Ventas Chairman and CEO...