‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Skilled nursing occupancy has ‘taken a jolt’ as delta variant spreads: NIC survey
By
Kathleen Steele Gaivin
Sep 20, 2021
Skilled nursing occupancy has “taken a jolt” in the past 30 days, according to National Investment Center for Seniors Housing & Care Senior Principal Lana Peck said, citing results of Wave 32 of the...
Senior living occupancy rates continue to rise, according to business reports released Thursday by Brentwood, TN-based Brookdale Senior Living and Toledo, OH-based real estate investment trust Welltower.
Senators, state execs send pleas for release of aid to senior living providers
By
Kimberly Bonvissuto
Aug 24, 2021
As senior living providers and advocates continue calls to the federal government to release Provider Relief Funds, two senators are circulating a letter in search of signatures, to try to add pressure...
Demand for senior housing driving accelerated move-in pace: NIC
By
Kimberly Bonvissuto
Aug 13, 2021
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
Senior living industry breathes sigh of relief over Provider Relief monies, asks HHS to pay up
By
Kimberly Bonvissuto
Kathleen Steele Gaivin
Aug 12, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed.
Senior living celebrates safety of Provider Relief Funds, asks HHS to pay up
By
Kimberly Bonvissuto
Aug 11, 2021
With Senate passage of the $1 trillion bipartisan infrastructure deal on Tuesday, the senior living industry is breathing a sigh of relief that Provider Relief Funds emerged unscathed. And now they are...
Ortelius Advisors moves to block Capital Senior Livings’ $152M million capital raise plan with Conversant...
By
Kathleen Steele Gaivin
Aug 10, 2021
Peter DeSorcy, founder and managing member of Ortelius Advisors, Monday issued a letter to the board of directors of Capital Senior Living, stating that Ortelius intends to block the company’s planned...
Ventas portfolio sees 5 consecutive months of occupancy growth: CEO
By
Kimberly Bonvissuto
Aug 09, 2021
Ventas Chairman and CEO Debra Cafaro said Friday that she sees a clear path to growth for the Chicago-based real estate investment trust and is committed to “winning the recovery.”
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...