Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
‘Substantial change’ needed at Ventas, activist shareholder says
By
Kathleen Steele Gaivin
Sep 12, 2023
Stamford, CT-based Land & Buildings Investment Management issued a public letter Monday describing Ventas’ recent financial performance as “lackluster” and calling for “substantial change.”
Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
DHC continues to advocate for merger, says future of senior living portfolio ‘highly uncertain and...
By
Kimberly Bonvissuto
Aug 28, 2023
The outlook for Diversified Healthcare Trust’s senior housing operating portfolio for the second half of the year remains “highly uncertain and unpredictable,” pointing to a proposed merger with...
3 operators to take over management of 26 Holiday communities for Ventas
By
Kathleen Steele Gaivin
Aug 23, 2023
Sodalis Senior Living, Priority Life Care and Discovery Senior Living will assume management of 26 Holiday by Atria independent living communities for Chicago-based Ventas, the real estate investment trust...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
Invesque remains ‘bullish’ on senior living as it continues to transform portfolio
By
Kimberly Bonvissuto
Aug 15, 2023
In a busy second quarter, Invesque continued carrying out its strategy to focus its portfolio predominantly on private-pay senior living through sales, operator transitions and acquisitions.