Capital Senior Living ‘at inflection point,’ CEO says
By
Kimberly Bonvissuto
May 14, 2021
With the “grips of the pandemic” easing considerably over the past few months, and a 93% vaccination rate among its residents, Capital Senior Living President and CEO Kimberly Lody said signs of recovery...
50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...
Lawmakers lobby feds to release remaining Provider Relief Funds, give providers flexibility
By
Kimberly Bonvissuto
May 13, 2021
A bipartisan group of House legislators is asking the federal government to immediately distribute the remaining Provider Relief Funds, as well as give providers more time and flexibility in using those...
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Ventas plans to ‘win the recovery’ in senior housing through strategic moves
By
Kimberly Bonvissuto
May 10, 2021
Saying that the worst of the pandemic is over, Ventas Chairman and CEO Debra Cafaro said the real estate investment trust’s portfolio delivered “better than expected financial results” in the first...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Diversified Healthcare reports feeling ‘real change’ during pandemic recovery; Five Star adopts strategic...
By
Kimberly Bonvissuto
May 07, 2021
The COVID-19 vaccine rollout translated to a feeling of “real change,” Diversified Healthcare Trust executives said as they reported growth in occupancy, move-ins and leads in its senior housing portfolio...
Skilled nursing occupancy begins to stabilize: NIC
By
Amy Novotney
May 07, 2021
Occupancy at U.S. skilled nursing facilities increased to 71.2% in February, as reported by the latest monthly skilled nursing data released Thursday from the National Investment Center for Seniors Housing...
Healthpeak continues exit from rental senior housing with $1B in asset sales
By
Kimberly Bonvissuto
May 06, 2021
Healthpeak Properties continued its exit from most senior living with the sale of $1 billion in assets in the first quarter, with an additional $400 million in deals under hard or soft contract.