Healthcare REITs report a 16.7% decline in earnings in second quarter
By
Amy Novotney
Aug 25, 2020
Earnings of all U.S. equity real estate investment trusts fell 21.7% to $11.6 billion during the second quarter, according to the Nareit Total REIT Industry Tracker Series report. Earnings, represented...
Life plan communities under pressure amidst coronavirus: Fitch Ratings
By
Amy Novotney
Mar 20, 2020
Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated...
Green Street Advisors: ‘The property markets are in an adjustment period’
By
Amy Novotney
Apr 07, 2020
The Green Street Commercial Property Price Index declined by 1.3% last month, according to data released Monday by the firm.
Fitch lowers life plan community sector outlook to negative, but no all-encompassing rating action
By
Amy Novotney
May 27, 2020
Fitch Ratings has revised its outlook on life plan communities to negative last week, reflecting the rating agency’s concern that many of COVID’s risks still lie ahead.
Business briefs for Friday, April 30
By
Amy Novotney
Apr 30, 2021
High-income seniors twice as likely to be fully vaccinated than lower-income counterparts: survey … CVS Health launches $100M venture capital fund … Economy boasts strong GDP growth of 6.4% in first...
Senior housing construction recovery likely to be slower than most commercial real estate sectors: report
By
Amy Novotney
Mar 05, 2021
After weathering an extremely volatile year, 2021 is expected to bring more stability to the construction industry, but recovery within senior housing is likely to take longer than other sectors as a result...
LTC workforce has declined nearly 5% since February
By
Amy Novotney
Jun 09, 2020
Employment in nursing homes and other residential care settings fell again in May, but at a lower rate: 37,000 jobs lost versus 117,000 lost in April. That’s according to the latest jobs report from...
Business briefs for Wednesday, July 1
By
Amy Novotney
Jul 01, 2020
Integral Senior Living will manage new Oklahoma senior living community … JM Zell, Trammell Crow partnering to swap in a senior living facility for an office tower near Washington, DC … Sherman Associates...
Business briefs, Sept. 3
By
Amy Novotney
Sep 03, 2021
Planning for LTC should be boomers’ No. 1 savings goal … Turning cameras off during virtual meetings can reduce fatigue: study … RMF lowers minimum age to 55 for its proprietary reverse mortgages...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...