Healthpeak’s earnings in line with estimates; progress continues on seniors housing dispositions
By
Amy Novotney
May 06, 2021
Healthpeak Properties reported funds from operations as adjusted Tuesday of $217.3 million, or 40 cents per share, for the first quarter of the year, slightly surpassing analyst estimates.
Pennsylvania’s White Horse Village embarks on $95M master plan
By
Amy Novotney
May 04, 2021
Last month, the board of directors of Newtown Square, PA-based continuing care retirement community White Horse Village approved a $95 million five-year master plan.
84 percent of organizations report increase in lead volume since year’s start: NIC
By
Amy Novotney
Apr 30, 2021
More than four in five operators in seniors housing and skilled nursing are reporting an increase in lead volume since the beginning of the year, according to the latest executive survey results, released...
Despite occupancy improvements, near-term outlook still ‘highly unpredictable’: Welltower
By
Amy Novotney
Apr 30, 2021
Following the rapid distribution and high acceptance rate of COVID-19 vaccinations by residents within assisted living and memory care communities in the United States and United Kingdom, Welltower’s...
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
Decline in nursing home residents spurs long-planned strategic moves for one long-term care operator
By
Amy Novotney
Apr 20, 2021
The COVID-19 pandemic has offered a bit of a silver lining for one Connecticut long-term care operator: the impetus for making long-planned strategic changes in skilled nursing and an expansion in its...
Data supports trending improvement in move-ins and occupancy rates, but staffing shortages persist: NIC...
By
Amy Novotney
Apr 16, 2021
Many operators have been eagerly anticipating a boost in occupancy due to the COVID-19 vaccine availability, and the latest executive survey results, released Thursday from the National Investment Center...
With buyers and banks willing to transact based on pre-COVID occupancy, SNFs are selling at record highs:...
By
Amy Novotney
Apr 14, 2021
In his 17-year career in the skilled nursing business, Jason Stroiman, president of Evans Senior Investments, says he’s never seen skilled nursing facilities sell for as high a price as they are selling...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Fed chair expects ‘very strong’ economic growth in the second half of the year
By
Amy Novotney
Apr 13, 2021
Federal Reserve Chair Jerome Powell voiced a note of optimism for business leaders this weekend, saying he expects an economic boom to occur mid-year.