New Senior hopes selling, transitioning communities will improve performance
By
Lois A. Bowers
Feb 25, 2019
With the almost year-long process of bringing management in-house complete as of Jan. 1, New Senior Investment Group is making changes to its portfolio in an effort to improve finances, executives said...
Seniors housing is bright spot for Welltower in second quarter
By
Lois A. Bowers
Jul 30, 2017
The seniors housing operating portfolio was “the highlight” of the second quarter for Welltower, “with meaningful outperformance relative to our budget,” Shankh Mitra, the real...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
Senior living represents opportunities, REITs, CVS say during earnings calls
By
Lois A. Bowers
Nov 07, 2018
Skilled nursing presents challenges, but senior living offers opportunities, leaders at Senior Housing Properties Trust, Sabra Health Care REIT and CVS Health Corp. said Tuesday during their third-quarter...
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...
Healthpeak down to final $150 million in rental senior housing sales
By
Kimberly Bonvissuto
Aug 05, 2021
Healthpeak Properties continued its substantial exit from rental senior housing in the second quarter, as well as a strategic acquisition and development pipeline across all of its business segments, CEO...
Fitch predicts occupancy gains, stability for CCRCs in 2016
Dec 03, 2015
U.S. nonprofit continuing care retirement / life plan communities will see an uptick in occupancy and a focus on expense control in 2016, according to the latest Fitch Ratings outlook report for the category.
Senior Housing Properties Trust to focus on existing assets
By
Lois A. Bowers
Feb 27, 2017
Senior Housing Properties Trust will focus its senior living efforts in 2017 on its existing portfolio rather than on acquisitions, President and Chief Operating Officer David Hegarty said Monday to those...
Report: Preference for senior housing has ‘fallen off a bit’ among investors, developers
By
Lois A. Bowers
Sep 19, 2019
Investor preference for acquisition and development in senior housing has “fallen off a bit” for the coming year, Byron Carlock, leader of PwC’s U.S. real estate practice, told McKnight’s Senior...
Ventas performs at high end of expectations in second quarter
By
Kimberly Bonvissuto
Aug 08, 2022
The business performance of Chicago-based real estate investment trust Ventas during the second quarter was at the high end of expectations, Ventas Chairman and CEO Debra Cafaro said Friday during a second-quarter...