Senior living occupancy rates averaged 89.7% in the second quarter, according to the National Investment Center for Seniors Housing & Care. That marked a 0.3% downturn from the first quarter. Within the...
‘It feels good’: Senior living recovery continues to gain traction as labor challenges improve: Sabra
By
Kimberly Bonvissuto
May 05, 2023
Sabra Health Care REIT is continuing to see traction in operational recovery as senior living operators that overcame labor and wage challenges over the past two years now focus on occupancy, CEO and Chairman...
Ventas: Senior living growth and recovery ‘in full swing’
By
Kimberly Bonvissuto
Nov 06, 2023
A strong third quarter was the result of actions taken to drive performance, combined with powerful demand in the senior living market, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter...
‘Buckle up for the tax reform roller coaster ride,’ Ventas’ Cafaro says
By
Lois A. Bowers
Jul 30, 2017
“Now the real estate community can buckle up for the tax reform roller coaster ride,” Ventas Chairman and CEO Debra Cafaro told those participating in a second-quarter earnings call Friday,...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
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...
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...
New Welltower CEO remains committed to ‘wellness infrastructure’
By
Kimberly Bonvissuto
Oct 30, 2020
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
CCRCs continue upward trend in occupancy recovery
By
Kimberly Bonvissuto
Jun 20, 2024
Continuing care retirement / life plan community occupancy continues to grow, according to a new report from specialty investment bank Ziegler.