COVID down, interest up, but senior living occupancy unchanged as inventory grows
By
Lois A. Bowers
Jul 09, 2021
Senior housing occupancy (independent living and assisted living combined) held steady at 78.7% in the second quarter, despite declining cases of COVID-19 and increasing interest in independent living...
Pandemic, REITs, women leaders major factors affecting senior living: report
By
Kimberly Bonvissuto
Jul 07, 2021
Major market changes, post-COVID-19 disruption and the progress of women in leadership are highlights of a recent report about the largest for-profit senior living providers.
2 blind spots cost senior living operators $2.8 million of value per community: report
By
Kimberly Bonvissuto
Jul 01, 2021
Two blind spots are costing senior living companies up to $225,000 of earnings before interest, taxes, depreciation and amortization, or $2.8 million of value per community, according to a new report with...
‘Right now’ is most challenging time for many senior living providers
By
Kimberly Bonvissuto
Jun 30, 2021
Continued unemployment compensation, wage pressures, decreased occupancy and increased costs continue to create challenges for many senior living providers, according to speakers at an Argentum congressional...
Ventas to acquire New Senior Investment Group in $2.3 billion transaction
By
Lois A. Bowers
Jun 28, 2021
Real estate investment trusts Ventas and New Senior Investment Group will merge in an all-stock transaction valued at $2.3 billion, including $1.5 billion of New Senior debt, the companies announced Monday...
Capital Senior Living ‘at inflection point,’ CEO says
By
Kimberly Bonvissuto
May 14, 2021
With the “grips of the pandemic” easing considerably over the past few months, and a 93% vaccination rate among its residents, Capital Senior Living President and CEO Kimberly Lody said signs of recovery...
Lifesprk, Tealwood Senior Living team up to offer innovative solutions to seniors
By
Diane Eastabrook
May 12, 2021
Lifesprk, an innovator in whole-person senior services, is jumping into the senior living sector through a partnership with Tealwood Senior Living.
Ventas plans to ‘win the recovery’ in senior housing through strategic moves
By
Kimberly Bonvissuto
May 10, 2021
Saying that the worst of the pandemic is over, Ventas Chairman and CEO Debra Cafaro said the real estate investment trust’s portfolio delivered “better than expected financial results” in the first...
Healthpeak continues exit from rental senior housing with $1B in asset sales
By
Kimberly Bonvissuto
May 06, 2021
Healthpeak Properties continued its exit from most senior living with the sale of $1 billion in assets in the first quarter, with an additional $400 million in deals under hard or soft contract.
Independent living trends signal potential move to pandemic recovery: New Senior
By
Kimberly Bonvissuto
May 06, 2021
As vaccines roll out to the broader population, older adults and their families are growing more comfortable about moving into senior housing, driving up leads, move-ins and occupancy, according to New...