Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Business briefs for Friday, Nov. 13
Nov 13, 2020
Invesque amends corporate credit facility; executes memorandum of understanding with SymCare … Pandemic’s costs to senior living on track to reach $17 billion: ASHA … Nursing homes are in era of...
NHI sells 7 assisted living communities in May
By
Kathleen Steele Gaivin
Jun 08, 2022
Murfreesboro, TN-based National Health Investors in May completed the sale of seven assisted living communities, the real estate investment trust said Monday in a business update.
Despite some increase in prospect interest, occupancy improvements still elusive: NIC
By
Amy Novotney
Feb 12, 2021
Although many senior living and care operators have been eagerly anticipating a boost in occupancy as a result of COVID-19 vaccine availability, the upward trend hasn’t hit just yet, according to data...
National Health Investors defers $1.5 million in rent for Bickford Senior Living
By
Kathleen Steele Gaivin
Jun 21, 2021
National Health Investors will defer $1.5 million in Bickford Senior Living rent for June and July, the real estate investment trust said last week in a business update.
Welltower to acquire 86-property Holiday portfolio for $1.6B billion; Atria to acquire Holiday operations
By
Kathleen Steele Gaivin
Jun 22, 2021
Welltower announced yesterday that it will acquire 80 independent living and six combination independent living/assisted living properties from Holiday Retirement.
As lead volumes grow, most operators expect pre-pandemic occupancy in 2022: NIC survey
By
Kathleen Steele Gaivin
Jun 01, 2021
Senior housing and care market fundamentals may have reached a turning point at the end of March, according to results of an executive survey released Thursday by the National Investment Center for Seniors...
Skilled nursing occupancy hits new low of 73.8%: NIC
By
Amy Novotney
Nov 05, 2020
The trend of declining occupancy rates for skilled nursing continued in August as a result of the ongoing effects of COVID-19. Operators saw occupancy rates fall another 81 basis points from July to August,...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Expect 3 to 4 years before senior living returns to pre-pandemic health: investors
By
Amy Novotney
Dec 10, 2020
Thanks to lockdowns, move-in restrictions and ongoing low occupancy rates, the senior living sector has been the weakest part of most of the major healthcare real estate investment trusts over the past...