Most economists expect the U.S. to emerge from the current economic recession later this year or early in 2021, according to a National Association for Business Economics survey. Approximately 80% of respondents,...
Most of its portfolio faces low risk from COVID-19, Healthpeak says
By
Amy Novotney
Mar 17, 2020
Healthpeak Properties reports that it sees varying amounts of risk from the COVID-19 outbreak across its business segments, according to a presentation posted Monday on the company’s website. Company...
Fed cuts interest rate in light of coronavirus slowdown
By
Amy Novotney
Mar 04, 2020
As the coronavirus continues to spread throughout the country, the Federal Reserve made an emergency interest rate cut Tuesday, slashing the nation’s benchmark borrowing rate by half a percentage point....
Assisted, independent living move-in rates reached record post-pandemic highs in June: NIC
By
Amy Novotney
Sep 07, 2021
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued...
Nonprofits cite pandemic for revenue decline
By
Amy Novotney
Sep 11, 2020
Operators’ bottom line clearly have been hit hard by the COVID-19 pandemic, but a new report by specialty investment bank Ziegler shows just how hard. The firm surveyed 230 senior living operators, largely...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
SNFs received a nearly 9% Medicare rate boost from COVID-19 patients in April: analysis
By
Amy Novotney
Jun 17, 2020
April’s average per diem Medicare rate paid for COVID-19 patients in skilled nursing facilities was $669, according to an analysis of claims submitted by the more than 1,300 SNFs, conducted by Zimmet...
Ventas to cut executive salaries, a quarter of corporate jobs
By
Amy Novotney
May 29, 2020
Chicago-based real estate investment trust Ventas will make adjustments to its corporate cost structure in response to the COVID-19 pandemic’s impact on the firm, according to a Securities & Exchange...
Pace of move-ins appears to be improving: NIC
By
Amy Novotney
Jun 01, 2020
A growing number of operators across all care segments now are reporting an increase in move-ins, according to data from the most recent Executive Survey results from the National Investment Center for...