Invesque to focus on simplifying portfolio, capital structure: CEO
By
Kimberly Bonvissuto
Mar 11, 2022
Invesque in 2022 will focus on simplifying its portfolio and capital structure after a record year for dispositions in 2021, Chairman and CEO Scott White said Thursday during a fourth-quarter earnings...
Occupancy recovery continues, but rising operating expenses remain a concern: NIC
By
Kathleen Steele Gaivin
Mar 11, 2022
Rising operating expenses may limit the degree to which operating margins will grow in the next six months, according to the latest Executive Survey Insights report, released Thursday by the National Investment...
SNF occupancy continued slow recovery through December, NIC says
By
Kathleen Steele Gaivin
Mar 08, 2022
Skilled nursing facility occupancy in December 2021 hit its highest level since May 2020, according to data released Thursday by the NIC Skilled Nursing Data Initiative.
Methodist Retirement Communities eyes middle market during 60th anniversary year
By
Kathleen Steele Gaivin
Mar 07, 2022
As the Woodlands, TX-based Methodist Retirement Communities marks its 60th anniversary, President and CEO Alan Brown told the McKnight’s Business Daily that he would like to see the organization expand...
Healthcare Trust moves 20 Addington Place communities from Cedarhurst to Senior Lifestyle, Jaybird
By
Kathleen Steele Gaivin
Mar 04, 2022
Healthcare Trust Inc. announced Wednesday that it has transitioned management of 20 Addington Place-branded senior living communities to Senior Lifestyle Corp. and Jaybird Senior Living, effective March...
Senior living experiences highest year-over-year growth in asking rates since 2017: NIC
By
Kathleen Steele Gaivin
Mar 02, 2022
The independent living, assisted living and memory care sectors of long-term care in the fourth quarter of 2021 all experienced the highest year-over-year growth in asking rates since NIC MAP began reporting...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
2022 eyed as ‘turning point’ for National Health Investors: CEO
By
Kimberly Bonvissuto
Feb 24, 2022
Senior housing is making a comeback and will contribute to 2022 being a turning point for National Health Investors, President and CEO Eric Mendelsohn said Wednesday.
High vaccination rates, workforce recovery signal signs of positivity: Sabra CEO
By
Kimberly Bonvissuto
Feb 23, 2022
High COVID-19 vaccination rates and the workforce’s recovery from omicron infections are positive signs as the senior living and care sector climbs back to pre-pandemic occupancy levels, according to...
Senior living industry ripe for inventory growth: forecast
By
Kathleen Steele Gaivin
Feb 23, 2022
The senior living sector could see a robust uptick in inventory growth within four years, according to Sally Heffernan, senior vice president at Plante Moran Living Forward , the senior living development...