Ventas looks to COVID-19 testing program to accelerate move-ins, announces new Holiday management agreement
By
Lois A. Bowers
May 11, 2020
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Five-point plan will protect older adults, caregivers, LeadingAge says
By
Kimberly Bonvissuto
May 08, 2020
With several states beginning to reopen businesses but COVID-19 still a threat, LeadingAge on Thursday unveiled a five-point plan of actions it deems essential to protecting older Americans and frontline...
LTC Properties reports EPS, revenue increases, but suspends 2020 guidance
By
Amy Novotney
May 05, 2020
LTC Properties recorded a net income available to common stockholders of $63.4 million, or $1.60 per diluted share, for the first quarter of 2020, according to earnings information released Monday. That’s...
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...
Invesque seeks to divest non-core assets, create efficiencies in 2020
By
Lois A. Bowers
Mar 13, 2020
Invesque plans to “opportunistically divest non-core assets and redeploy capital with our preferred partners” in 2020, Chairman and CEO Scott White said Thursday. The healthcare real estate company...