Consumer inquiries, tours and move-ins to senior living communities continue to remain at lower levels than last year. Still, June’s numbers suggested a recovery of sorts, according to a report released...
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...
Healthcare M&A volume fell 19% in the second quarter
By
Amy Novotney
Jul 27, 2020
The pandemic’s effect on business deals continued in the second quarter as healthcare merger and acquisition activity fell 19%, to 327 transactions, compared with the previous quarter’s 404 announced...
Business briefs for Monday, June 29
Jun 29, 2020
Data from the U.S. Bureau of Economic Analysis shows a rebound in health spending across all categories except nursing home care … Treasury to give Congress access to all PPP loan data … Ziegler closes...
Business briefs for Monday, Nov. 2
Nov 02, 2020
Fed lowers minimum loan amount to $100,000 for Main Street Lending Program … Most cities ill-equipped to meet the needs of older residents: report … Ziegler closes $125M in financing for CCRC owner...
Business briefs for Thursday, March 25
By
Amy Novotney
Mar 25, 2021
More than 80% of Americans say pandemic has affected their retirement plans: survey … Fitch affirms negative outlook rating for Ventas, affirms and withdraws negative outlook rating for Welltower …...
Pandemic likely has changed senior living business model for good: speakers
By
Amy Novotney
Dec 11, 2020
The future of senior living post-pandemic is healthcare-based, and it will be more difficult for operators who don’t take that approach to maintain a leg up, speakers said Thursday at a senior housing...
Vaccine priority a ‘credit positive’ for senior living and care sector: Fitch
By
Amy Novotney
Dec 04, 2020
Tuesday’s recommendation by the Centers for Disease Control and Prevention that long-term care residents and staff receive priority for COVID-19 vaccinations is a credit positive for the senior living...
LTC Properties reports EPS, revenue increases, but suspends 2020 guidance
By
Amy Novotney
May 05, 2020
LTC Properties recorded a net income available to common stockholders of $63.4 million, or $1.60 per diluted share, for the first quarter of 2020, according to earnings information released Monday. That’s...
Economists expect recession’s end by 2021: survey
By
Amy Novotney
Aug 26, 2020
Most economists expect the U.S. to emerge from the current economic recession later this year or early in 2021, according to a National Association for Business Economics survey. Approximately 80% of respondents,...