Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Economists predict recession as a result of COVID-19; virus putting senior housing to the test
By
Amy Novotney
Mar 13, 2020
The coronavirus will cause U.S. economic contraction in the second quarter, leading to a greater chance for recession, according to more than 60 economists polled by The Wall Street Journal. The poll also...
Business briefs, May 15
By
Kathleen Steele Gaivin
May 15, 2023
Senior housing occupancy increases reflect strong demand: NIC… Bill would make Workers’ Memorial Day a federal holiday every April 28 … Humana partners with two DME companies to increase investment...
Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
‘We believe we’ve turned the corner,’ Ventas execs say
By
Kathleen Steele Gaivin
May 19, 2021
Ventas executives are “encouraged by what we’re seeing early in this recovery,” Executive Vice President of Senior Housing Justin Hutchens said yesterday at the Capital Markets Global Health Care...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Healthcare Trust completes management internalization, rebrands as National Healthcare Properties
By
Kathleen Steele Gaivin
Oct 01, 2024
Healthcare Trust Inc. has completed the previously announced internalization of management functions, the New York-based real estate investment trust said Monday.
Sabra portfolio gaining momentum heading into second half of year, CEO says
By
Kathleen Steele Gaivin
Aug 09, 2024
Sabra Health Care REITs’s portfolio, particularly in the skilled nursing segment, “has continued to gain momentum as the year has progressed,” CEO and Chair Rick Matros said in prepared remarks released...