Ortelius Advisors moves to block Capital Senior Livings’ $152M million capital raise plan with Conversant...
By
Kathleen Steele Gaivin
Aug 10, 2021
Peter DeSorcy, founder and managing member of Ortelius Advisors, Monday issued a letter to the board of directors of Capital Senior Living, stating that Ortelius intends to block the company’s planned...
Ventas portfolio sees 5 consecutive months of occupancy growth: CEO
By
Kimberly Bonvissuto
Aug 09, 2021
Ventas Chairman and CEO Debra Cafaro said Friday that she sees a clear path to growth for the Chicago-based real estate investment trust and is committed to “winning the recovery.”
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
Healthpeak down to final $150 million in rental senior housing sales
By
Kimberly Bonvissuto
Aug 05, 2021
Healthpeak Properties continued its substantial exit from rental senior housing in the second quarter, as well as a strategic acquisition and development pipeline across all of its business segments, CEO...
Omega Healthcare Investors commits to senior living investment
By
Kimberly Bonvissuto
Aug 04, 2021
With a franchise of “fantastic” operating partners, Omega Healthcare Investors CEO Taylor Pickett said Tuesday that he expects to see the company’s investment in senior living “climb over time.”
Nearly half of senior living properties see occupancy increase
By
Kathleen Steele Gaivin
Aug 03, 2021
Approximately 18% of properties within the 31 NIC MAP Vision primary markets, and 18% of properties within the 68 secondary markets, reported an increase in occupancy rates in the second quarter, according...
Earnings call wrap-up: REITs take a look senior housing investments heading into third quarter
By
Kathleen Steele Gaivin
Aug 02, 2021
The senior housing real estate market for the most part is turning the corner on pandemic setbacks, according to second-quarter earnings reports on Friday.
CCRC occupancy drops from pre-pandemic levels: Ziegler
By
Kathleen Steele Gaivin
Jul 29, 2021
Continuing care retirement/life plan communities have seen a cumulative drop in occupancy from 89.1% to 84.4% in the second quarter of 2020 through the second quarter of 2021, according to specialty investment...
Hebrew SeniorLife expansion gets funding from town
By
Kathleen Steele Gaivin
Jul 28, 2021
The nonprofit Hebrew SeniorLife in Randolph, MA, is expanding its affordable senior housing with help from the town, and the Massachusetts Department of Housing and Community Development will support the...
Occupancy, move-ins increase; attracting staff remains major challenge: NIC survey
By
Kathleen Steele Gaivin
Jul 16, 2021
The senior living and care industry is slowly rebooting since the COVID-19 vaccine came online, according to results of the latest executive survey released Thursday by the National Investment Center for...