Sonida Senior Living sees occupancy record, acquires 9 communities
By
Kimberly Bonvissuto
Aug 13, 2024
Dallas-based Sonida Senior Living saw the highest occupancy in the history of its same-store portfolio and made “considerable” progress on its other growth initiatives, too, in the second quarter,...
NHI: Senior living occupancy, revenue growth contribute to fourth consecutive quarter of outperformance
By
Kimberly Bonvissuto
Aug 08, 2024
Occupancy and revenue growth in its senior housing operating portfolio, or SHOP, contributed to a fourth straight quarter of outperformance for National Health Investors, President and CEO Eric Mendelsohn...
‘Most favorable fundamentals ever’ in senior living tee up ‘unprecedented’ growth opportunities:...
By
Kimberly Bonvissuto
Aug 05, 2024
The “most favorable fundamentals ever” in the senior living industry are setting up Ventas for an “unprecedented” multi-year growth opportunity fueled by demographic demand, Chairman and CEO Debra...
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Senior living sees overall occupancy increase for 12th consecutive quarter
By
Kimberly Bonvissuto
Jul 12, 2024
Senior living occupancy saw its 12th consecutive quarter of overall occupancy gains in the second quarter, although independent living broke previous patterns by surpassing assisted living in its occupancy...
Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...