2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
A different way to support the senior living industry
By
Lois A. Bowers
Dec 06, 2021
Scott Tittle joined VIUM Capital as a managing director and the national lender’s first head of government relations and external affairs in September after serving as executive director of the National...
Pent-up demand, occupancy gains making senior living, skilled nursing ripe for investment: report
By
Kimberly Bonvissuto
Nov 12, 2021
The confluence of near-term pandemic-induced challenges and long-term potential in the seniors housing and skilled nursing facilities sector presents a window of opportunity for investors, according to...
Invesque thrusts more prominently into senior living with active portfolio
By
Kimberly Bonvissuto
Nov 12, 2021
Invesque Chairman and CEO Scott White said it’s been a busy year with active portfolio management as the company continues its push into the seniors housing sector through strategic transitions, dispositions...
Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Healthpeak substantially exits rental senior housing with final $149 million in sales
By
Kimberly Bonvissuto
Nov 04, 2021
Healthpeak Properties closed on the final sale of $149 million of its seniors housing portfolio in the third quarter, bringing total sales proceeds on the properties to $4 billion since July 2020, CEO...