The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Healthpeak remains ‘open minded’ to potential opportunities to sell CCRC portfolio
By
Kimberly Bonvissuto
Nov 03, 2022
Healthpeak Properties President and CEO Scott Brinker said the real estate investment trust’s continuing care retirement community portfolio isn’t on the market — yet — but that a potential sale...
As ‘unprecedented’ crisis continues, workforce issues top 5 priorities for NCAL, executive director...
By
Kimberly Bonvissuto
Oct 10, 2022
NASHVILLE, TN — As assisted living providers continue to experience an “unprecedented workforce crisis right now,” the issue tops the list of five priorities for the National Center for Assisted...
Expense pressures overtake workforce issues as top challenge for operators: NIC
By
Kimberly Bonvissuto
Aug 26, 2022
Increasing operating expenses are overtaking staffing issues as the biggest challenge facing senior living and care organizations, according to the results of a new survey by the National Investment Center...
Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
Operators less optimistic about operating margins: NIC
By
Kimberly Bonvissuto
Jul 01, 2022
Despite improving occupancy, fewer operators expect operating margins to improve, according to a new National Investment Center for Seniors Housing & Care survey.