Mounting rent deferrals leave analysts concerned about NHI’s recovery
By
Amy Novotney
Feb 24, 2021
Weakened rent collection in the fourth quarter has led some analysts to express concerns about how quickly National Health Investors will be able to recover from the COVID-19 pandemic. Yet executives at...
Ventas reports better-than-expected fourth quarter results, thanks to relief funds
By
Amy Novotney
Feb 19, 2021
Ventas reported fourth-quarter funds from operations 15% higher than analysts expected Thursday, coming in at 83 cents per share. These better-than-anticipated results largely were due to the receipt of...
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...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Business briefs for Tuesday, Jan. 26
Jan 26, 2021
SNFs report 69% median occupancy nationwide to start the new year: CLA … With many SNFs missing out on PDPM payments, 2021 may be good time for investors to consider acquisitions: expert … Senior living...
Long-term care industry rebound won’t be quick, but it will happen
By
Amy Novotney
Jan 21, 2021
As of Jan. 12, at least 136,000 COVID-19 deaths have been reported among residents and employees of nursing homes and other long-term care facilities for older adults in the United States, according to...
Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
Despite pandemic, Griffin Living experiencing strong demand at its active projects
By
Amy Novotney
Jan 05, 2021
Although the COVID-19 pandemic has brought devastating occupancy declines and financial challenges for many long-term care operators, privately owned senior housing real estate development firm Griffin...
Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain
By
Amy Novotney
Jan 04, 2021
As ground zero for the pandemic, 2020 was a challenging year for healthcare real estate investment trusts. In the first quarter, for example, healthcare REITs saw a 36.8% decline — much of this stemming...
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...