COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
Pandemic causing less disruption in occupancy rates among CCRCs compared with non-CCRCs: report
By
Amy Novotney
Jun 05, 2020
Although the pandemic has slowed the pace of move-ins for all seniors housing and care communities, continuing care retirement communities seem to be outliers. These settings generally have been experiencing...
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.