We’re ‘on road to recovery,’ say execs at Brookdale, Capital Senior Living
By
Amy Novotney
Mar 12, 2021
The leading indicators all are pointing toward recovery, according to executives at both Brookdale Senior Living and Capital Senior Living during presentations this week at the Barclays Global Healthcare...
With COVID-19 cases down to just two per day in recent weeks within a portfolio serving 40,000 residents, and a 100% resident vaccination rate expected by the end of the month, Ventas Chairman and CEO...
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
Senior housing construction recovery likely to be slower than most commercial real estate sectors: report
By
Amy Novotney
Mar 05, 2021
After weathering an extremely volatile year, 2021 is expected to bring more stability to the construction industry, but recovery within senior housing is likely to take longer than other sectors as a result...
Distressed opportunities ‘unlikely’ as investors eye senior living buys
By
Amy Novotney
Feb 26, 2021
Investors in the senior living industry are feeling encouraged by recent headlines touting the significant decrease in COVID-19 cases and deaths within nursing homes as of late, thanks to ongoing efforts...
Healthpeak reduces 2021 guidance and dividends, continues senior living exit
By
Amy Novotney
Feb 11, 2021
Denver-based Healthpeak Properties reported fourth-quarter adjusted funds from operations Tuesday of 41 cents per share, surpassing several analysts who had estimated 40 cents per share.
Omega announces ‘surprising but sensible’ move in senior living: Mizuho
By
Amy Novotney
Feb 08, 2021
Hunt Valley, MD-based Omega Healthcare Investors reported fourth-quarter adjusted funds from operations of 81 cents per share Thursday, in line with several analysts. But for many, the bigger story to...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...
Several long-term care-related firms on 2021 Bloomberg Gender Equality Index
By
Amy Novotney
Jan 29, 2021
Several senior housing and care real estate investment trusts and private equity and commercial real estate firms are among the 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality...
Vitality Living expanding into Louisiana with partnership to convert New Orleans hotel into active adult...
By
Amy Novotney
Jan 27, 2021
Vitality Living is expanding into Louisiana, as well as the active adult market space, with the opening this summer of Copeland Tower Living.