Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
‘Substantial change’ needed at Ventas, activist shareholder says
By
Kathleen Steele Gaivin
Sep 12, 2023
Stamford, CT-based Land & Buildings Investment Management issued a public letter Monday describing Ventas’ recent financial performance as “lackluster” and calling for “substantial change.”
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
3 operators to take over management of 26 Holiday communities for Ventas
By
Kathleen Steele Gaivin
Aug 23, 2023
Sodalis Senior Living, Priority Life Care and Discovery Senior Living will assume management of 26 Holiday by Atria independent living communities for Chicago-based Ventas, the real estate investment trust...
Sonida experiences ‘pivotal’ second quarter in continuing effort to rebuild
By
Kimberly Bonvissuto
Aug 15, 2023
In a “pivotal” second quarter, Dallas-based Sonida Senior Living saw occupancy “surpass industry averages” from early 2023, an aggressive resident rate push and expenses moderate against a backdrop...
Fishers, IN-based healthcare real estate company Invesque and Dallas-based senior living provider Sonida Senior Living held second-quarter earnings calls on Monday.
Self-assessments can help providers survive and thrive
By
Kimberly Bonvissuto
Aug 11, 2023
Consolidation in the long-term care sector is occurring at a more rapid pace than in the past. One business expert advises senior living and other owners and operators not to wait too long to explore potential...
‘Slow and steady’ wins the race as Sabra reports ‘encouraging’ operating trends
By
Kimberly Bonvissuto
Aug 09, 2023
Increasing occupancy and declining labor expenses are leading to promising operating trends for Sabra Health Care REIT, according to CEO, President and Chair Rick Matros.
Brookdale, Sabra detail second-quarter earnings
By
Kathleen Steele Gaivin
Aug 09, 2023
Second-quarter earnings reports continued Tuesday with calls held by Brookdale Senior Living and Sabra Health Care REIT.
Lagging independent living portfolio drags down double-digit growth in assisted living: Ventas
By
Kimberly Bonvissuto
Aug 07, 2023
Ventas’ assisted living portfolio saw strong double-digit growth in the second quarter, and actions are being taken to improve performance in a lagging independent living segment, Chairman and CEO Debra...