Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
Despite pandemic, Griffin Living experiencing strong demand at its active projects
By
Amy Novotney
Jan 05, 2021
Although the COVID-19 pandemic has brought devastating occupancy declines and financial challenges for many long-term care operators, privately owned senior housing real estate development firm Griffin...
Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain
By
Amy Novotney
Jan 04, 2021
As ground zero for the pandemic, 2020 was a challenging year for healthcare real estate investment trusts. In the first quarter, for example, healthcare REITs saw a 36.8% decline — much of this stemming...
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...
Business briefs for Wednesday, Dec. 16
By
Amy Novotney
Dec 16, 2020
Nursing and residential care employment has fallen 7.4% since February … Welltower occupancy declines continue; 4Q COVID costs higher than expected … Industry leaders stress action on combined COVID...
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...
Business briefs for Thursday, Dec. 10
Dec 10, 2020
Brookdale occupancy drops to a low of 73% in November … Secondary employment among nurses and direct care workers tied to COVID-19 transmission in nursing homes: study … OSHA fines long-term care providers...
Business briefs for Thursday, Dec. 3
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
Business briefs for Wednesday, Nov. 18
By
Amy Novotney
Nov 18, 2020
Welltower, NHI provide business updates around October rent collection, occupancy … New Hampshire reinstates extra weekly stipend for nursing home workers until end of 2020 … Financial services firm...
Business briefs for Tuesday, Nov. 17
Nov 17, 2020
Bipartisan group of lawmakers urges HHS for more financial support for senior living … Nearly a dozen Illinois nursing homes threaten to strike over pandemic conditions … New Senior’s October occupancy...