3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Brookdale Senior Living, Pennant, Sabra Health Care REIT and Welltower reported their third-quarter earnings on Tuesday. Here’s a roundup.
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Skilled nursing demand increasing, but staffing remains issue
By
Kathleen Steele Gaivin
Nov 07, 2022
killed nursing occupancy increased by 48 basis points from July to August to end the month at 78.8%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Operators to ‘grapple’ with COVID-related issues for at least another year, Omega CEO predicts
By
Lois A. Bowers
Nov 04, 2022
Labor costs and inflation continue to affect senior living operators in Omega Healthcare Investors’ portfolio, executives said Thursday on the Hunt Valley, MD-based real estate investment trust’s third-quarter...
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...