DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
Diversified Healthcare Trust, AlerisLife and Omega Healthcare Investors held third-quarter earnings calls Thursday. Highlights appear below.
Healthpeak remains ‘open minded’ to potential opportunities to sell CCRC portfolio
By
Kimberly Bonvissuto
Nov 03, 2022
Healthpeak Properties President and CEO Scott Brinker said the real estate investment trust’s continuing care retirement community portfolio isn’t on the market — yet — but that a potential sale...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
Product differentiation by rate, services marks evolution of senior housing: report
By
Kathleen Steele Gaivin
Nov 01, 2022
Evolution of the senior housing sector this year and heading into next year has been marked by new product types that are differentiated by rate and service offerings, according to the new Urban Land Institute...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
Good Samaritan independent living units in Florida permanently ‘uninhabitable’ due to Hurricane Ian...
By
Kimberly Bonvissuto
Oct 21, 2022
Significant flooding damage to independent living units caused by Hurricane Ian is leading to the permanent closure of six neighborhoods at Evangelical Lutheran Good Samaritan Society–Kissimmee Village...
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
Recapitalization to fund expansion of Discovery Senior Living’s portfolio
By
Kathleen Steele Gaivin
Oct 14, 2022
Funds advised by Lee Equity Partners and Coastwood Senior Housing Partners have signed an agreement to invest in Bonita Springs, FL-based Discovery Senior Living. The recapitalization will fund Discovery’s...
‘Aggressive’ rate increases needed in long-term care: ESI
By
Kathleen Steele Gaivin
Oct 13, 2022
Due to increased debt costs and other inflationary pressures, rate increases in long-term care are inevitable, Evans Senior Investments Director Kris Lowes said Wednesday. He called for operators to “aggressively...