Diversified Healthcare Trust reports dip in net operating income
By
Kathleen Steele Gaivin
Nov 30, 2023
Net operating income has decreased for Diversified Healthcare Trust, or DHC, the real estate investment trust reported Wednesday in its monthly update pertaining to its senior housing operating portfolio,...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Brookdale Senior Living, Ventas, Diversified Healthcare Trust, Healthcare Realty Trust and Enhabit shared first-quarter financial results with shareholders on Tuesday.
Long-term care mergers and acquisitions drop 13 percent from last quarter
By
Kathleen Steele Gaivin
Apr 18, 2023
Mergers and acquisitions in senior living and skilled nursing in the first quarter included just 98 transactions. That’s 13% fewer than the 112 transactions that occurred in the fourth quarter of 2022,...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Eskaton sells SNFs to Cypress for $35.6 million to focus on senior living, home care
By
Lois A. Bowers
Apr 10, 2023
Carmichael, CA-based provider Eskaton is selling its three stand-alone skilled nursing facilities for $35.6 million as part of a plan to “expand and enhance” the company’s offerings in independent...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Earnings call snapshot: Ventas, CareTrust REIT
By
Kathleen Steele Gaivin
Feb 13, 2023
Chicago-based real estate investment trust Ventas delivered strong fourth-quarter results, Ventas Chairman and CEO Debra A. Cafaro said during the REIT’s call.
Move-ins rebound thanks to senior living’s ‘adaptability’ to pandemic challenges: data expert
By
Kimberly Bonvissuto
Nov 16, 2022
The pace of senior living move-ins today exceeds pre-pandemic levels due to what data experts are calling a “testament to the adaptability” of communities to implement infection control measures and...
Development programs, immigration among potential solutions to workforce crisis, provider groups tell...
By
Kimberly Bonvissuto
Mar 21, 2023
Workforce development programs and immigration reform are among the potential solutions to staffing challenges that senior living advocates presented to lawmakers seeking options to address the crisis.