Ventas’ diversified portfolio a ‘significant benefit’ amidst pandemic
By
Amy Novotney
Aug 10, 2020
Chicago-based Ventas suffered significant impact from the COVID-19 pandemic in the second quarter, though an increase in move-ins later in the quarter and into July indicate the real estate investment...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Analysts tout larger units, more amenities and urban locations
By
Amy Novotney
Jul 20, 2020
To meet the anticipated demand from baby boomers, senior housing developers should focus on increasing the average unit size in their projects and adding a greater number of amenities. That’s according...
Business briefs for Tuesday, June 9
Jun 09, 2020
WSJ analysis: SNFs have lost 100,000 residents as a result of coronavirus … UnitedHealth Group invests $100M in affordable housing for families and seniors … Charter Senior Living and DMK Development...
NIC panelists remain bullish, despite COVID-19
By
Amy Novotney
Jun 05, 2020
Although COVID-19 continues to hit the seniors housing industry hard in terms of increased operational expenses, most investors and capital providers still believe the sector is likely to withstand the...
Barron’s: Skilled-nursing-focused REIT CareTrust in good shape amidst pandemic
By
Amy Novotney
Jun 02, 2020
With plenty of balance sheet flexibility, San Clemente, CA-based CareTrust appears ready to weather the pandemic successfully and continue growing in the near term, predict experts at Barron’s and Seeking...
Pace of move-ins appears to be improving: NIC
By
Amy Novotney
Jun 01, 2020
A growing number of operators across all care segments now are reporting an increase in move-ins, according to data from the most recent Executive Survey results from the National Investment Center for...
Business briefs for Wednesday, May 20
May 20, 2020
Seniors housing occupancy decreased by 1.1 percentage point, to 88.7%, and SNF occupancy was down 2.2 percentage points to 84.7% in April, according to NIC’s MAP Data Service … New legislation aims...
Invesque announced several moves Wednesday to preserve cash and strengthen the company’s balance sheet. These included the suspension of its dividend for common shareholders, executive compensation and...
Ensign Group has strong first quarter; National Health Investors withdraws guidance
By
Amy Novotney
May 13, 2020
San Juan Capistrano, CA-based Ensign Group reported a nearly 30% quarter-over-quarter increase in its per-share earnings, according to information discussed during the firm’s 2020 first-quarter earnings...