COVID-19 likely to be a driving force in lenders’ economic perceptions: survey
By
Amy Novotney
Oct 13, 2020
Despite some experts indicating that the outlook for the U.S. economy is more favorable for the rest of 2020, less than one in four lenders expect their loan portfolios to improve from a risk rating perspective....
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Healthpeak considering HQ relocation
By
Amy Novotney
Oct 20, 2020
Irvine, CA-based Healthpeak Properties is reportedly considering moving its headquarters. According to the Nashville Business Journal, the real estate investment trust is eyeing a move to Nashville, TN....
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Regional Health Properties sees revenues decrease, costs increase in third quarter
By
Amy Novotney
Nov 17, 2020
Although Suwanee, GA-based Regional Health Properties has received approximately 83% of its expected monthly rent from tenants since the beginning of the year, the real estate investment trust continues...
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Senior housing average daily census rates within Irvine, CA-based Healthpeak Properties fell to 76.8% in August, dropping 0.9% compared with July, according to an investor presentation posted by the real...
Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...