Diversified Healthcare Trust, AlerisLife and Omega Healthcare Investors held third-quarter earnings calls Thursday. Highlights appear below.
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...
Assisted living demand reaches ‘highest level ever’: NIC
By
Kathleen Steele Gaivin
Oct 07, 2022
The number of occupied units in assisted living is at its highest level ever, according to the National Investment Center for Seniors Housing & Care. The organization released quarterly data on Thursday.
About 20 percent of operators still face severe staffing shortages: NIC
By
Kathleen Steele Gaivin
Sep 26, 2022
Approximately one-fifth of senior living and skilled nursing operators responding to the latest Executive Survey Insights report by the National Investment Center for Seniors Housing & Care consider the...
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Earnings calls wrap-up: Brookdale, NHI, Pennant Group
By
Kathleen Steele Gaivin
Aug 10, 2022
Second-quarter earnings calls continued Tuesday with updates from Brookdale Senior Living, National Health Investors and the Pennant Group.
Restructuring pays off with limited long-term cash flow downside, Omega CEO says
By
Kathleen Steele Gaivin
Aug 03, 2022
Hunt Valley, MD-based Omega Healthcare Investors saw sequential improvement in both adjusted funds from operations and funds available for distribution during the second quarter, CEO Taylor Pickett said...
2022 investments so far top all of 2021, LTC Properties CEO says
By
Kathleen Steele Gaivin
Aug 01, 2022
Westlake Village, CA-based LTC Properties has invested $10 million in senior housing and care properties this year, which is more than its investments for all of last year, Chairman and CEO Wendy Simpson...
Operators ‘scrambling’ to get loans closed as interest rate hike looms
By
Kathleen Steele Gaivin
Jul 22, 2022
As the Federal Reserve prepare to raise the interest rate another 75 basis points at a meeting next week, senior housing borrowers are looking to secure loan terms, says Jessica Johnson, manager of Healthcare...