‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Aging services providers call out Congress for ‘walking out on older Americans’ during pandemic
By
Kimberly Bonvissuto
Aug 17, 2020
Nonprofit aging services leaders from some states hit hardest by COVID-19 shared their challenges amidst the pandemic on Friday and called out Congress for taking a summer recess.
Invesque eyes Symphony portfolio as COVID-19 creates ‘challenging operating environment’
By
Kimberly Bonvissuto
Aug 14, 2020
Invesque is in discussions with the Symphony Care Network in light of the effect of the COVID-19 pandemic on its operations. Although Invesque said it is too early to comment on the restructuring, options...
Ventas’ diversified portfolio a ‘significant benefit’ amidst pandemic
By
Amy Novotney
Aug 10, 2020
Chicago-based Ventas suffered significant impact from the COVID-19 pandemic in the second quarter, though an increase in move-ins later in the quarter and into July indicate the real estate investment...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Life plan community model remains stable, viable: report
By
Kimberly Bonvissuto
Jun 16, 2020
Life plan communities were the type of senior living community least affected by the COVID-19 pandemic, reaffirming their stable future, according to a report from specialty investment bank Ziegler.
NIC panelists remain bullish, despite COVID-19
By
Amy Novotney
Jun 05, 2020
Although COVID-19 continues to hit the seniors housing industry hard in terms of increased operational expenses, most investors and capital providers still believe the sector is likely to withstand the...
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...
Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
By
Kimberly Bonvissuto
May 15, 2020
When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.
NHI reports COVID-19 cases remain at less than 1 percent across its portfolio
By
Kimberly Bonvissuto
May 13, 2020
As with other senior housing operators and real estate investment trusts with senior housing properties, National Health Investors reported that COVID-19 has presented challenges to its business, but positive...