Senior living and care a ‘study of paradox,’ expert says
By
Kathleen Steele Gaivin
Nov 15, 2023
Senior living and care today “is in many ways a study of paradox,” Aaron Becker, head of seniors housing and healthcare production at Lument, said Wednesday during a webinar sponsored by the commercial...
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
NHI performance better than expected thanks to record rent repayments, occupancy gains
By
Kimberly Bonvissuto
Nov 09, 2023
National Health Investors’ third-quarter results exceeded its expectations, due to strong rent collections, record repayment of rent deferrals and no unexpected rent concessions for operators, according...
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Former Enlivant communities exceeding expectations under Inspirit management, Sabra Health Care REIT...
By
Lois A. Bowers
Nov 08, 2023
Performance of a group of 11 former Enlivant senior living communities for which management was moved to Inspirit Senior Living on July 6 “has so far exceeded expectations,” with occupancy in September...
Organizations looking at mergers, affiliations must ‘get their house in order’
By
Kimberly Bonvissuto
Nov 06, 2023
CHICAGO — With increased state attorneys general scrutiny of business transactions, aging services providers would be best served by “getting their house in order” before contemplating a merger,...
Ventas: Senior living growth and recovery ‘in full swing’
By
Kimberly Bonvissuto
Nov 06, 2023
A strong third quarter was the result of actions taken to drive performance, combined with powerful demand in the senior living market, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter...
DHC looks to senior living community sales, other strategies, to recover
By
Kimberly Bonvissuto
Nov 03, 2023
Diversified Healthcare Trust is implementing a recovery strategy to return the company to a position of growth, pinning its hopes on continued improvement in its senior housing operating portfolio, although...
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.