Pandemic highlights value of senior living for adult children, leaders say
By
Lois A. Bowers
May 11, 2020
One of the positive effects arising from this pandemic, some industry leaders say, is a growing appreciation of senior living among people whose parents are the age of prospective residents.
A new agreement announced Wednesday gives real estate investment trust Healthpeak Properties the option to acquire up to 24 of Oakmont Senior Living’s housing development properties when Oakmont elects...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Capital Senior Living to terminate master leases with Ventas, Welltower
By
Lois A. Bowers
Mar 17, 2020
Dallas-based Capital Senior Living has reached agreements to terminate its master leases with real estate investment trusts Ventas and Welltower, the operator announced Monday.
Capital Senior Living, Healthpeak Properties to part ways after community sales
By
Lois A. Bowers
Feb 12, 2020
Dallas-based operator Capital Senior Living and Irvine, CA-based real estate investment trust Healthpeak Properties (formerly HCP Inc.) are ending their relationship, Capital said Tuesday in announcing...
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...
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...
Healthpeak Properties announced Monday that it has closed a new $3 billion senior unsecured revolving credit facility, which increases Healthpeak’s total revolving commitments from $2.5 billion to $3...
Healthpeak reduces 2021 guidance and dividends, continues senior living exit
By
Amy Novotney
Feb 11, 2021
Denver-based Healthpeak Properties reported fourth-quarter adjusted funds from operations Tuesday of 41 cents per share, surpassing several analysts who had estimated 40 cents per share.
Healthpeak closes on final $149 million of senior living dispositions
By
Kathleen Steele Gaivin
Nov 04, 2021
Healthpeak Properties has closed the final $149 million of its senior living community dispositions since August, bringing total sales proceeds to $4 billion since July 2020, CEO Thomas Herzog said during...