Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...
Senior living investors anticipate rising cap rates over next year, survey shows
By
Kathleen Steele Gaivin
Jul 20, 2022
More than 71% of investors expect rising interest rates and other pressures to push capitalization rates up over the next 12 months. That’s according to respondents in the ninth annual Wealth Management...
Long-term care M and A declined 3 percent in second quarter but still is elevated from 2021
By
Kathleen Steele Gaivin
Jul 15, 2022
Mergers and acquisitions in long-term care declined 3% in the second quarter from the first, according to data released this month by LevinPro LTC.
Brookdale, Sonida CEOs: Embracing change is vital for senior living leaders
By
Kathleen Steele Gaivin
Jul 14, 2022
Effective leaders have a “toolbox” of fortitude and humility to draw upon to help them navigate changes that arise, senior living executives said during Wednesday’s leadership huddle hosted by the...
Spot occupancy spikes in June, Welltower reports
By
Kathleen Steele Gaivin
Jul 14, 2022
Spot occupancy in Welltower’s U.S. senior housing operating portfolio rose 120 basis points (1.2%) in the second quarter, with half of that increase occurring in the last two weeks of June, according...
Recession-proof senior housing REITs a ‘good bet’ for investors
By
Kathleen Steele Gaivin
Jul 14, 2022
Debate exists among experts about whether the United States is heading for recession or already is there, but there is some agreement that senior housing is a recession-proof investment.
Assisted living recovering more quickly than independent living: NIC
By
Kathleen Steele Gaivin
Jul 08, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, and assisted living is best poised for recovery within the sector,...
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.