20 months in a row of occupancy growth reported by Brookdale Senior Living
By
Kimberly Bonvissuto
Jul 13, 2023
A 160-basis-point increase in weighted average occupancy for June means Brookdale Senior Living has seen 20 consecutive months of year-over-year occupancy growth.
National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
CCRC occupancy performance holds lessons for success: NIC
By
Kimberly Bonvissuto
Mar 24, 2023
The ability of continuing care retirement communities to outperform other care settings and maintain consistently high occupancy rates throughout the COVID-19 pandemic offers lessons for the rest of the...
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
2023 looks to be ‘relatively quiet’ as senior housing continues recovery: Sabra
By
Kimberly Bonvissuto
Feb 23, 2023
Senior housing continued its recovery in 2022, with 2023 expected to be relatively quiet for Irvine, CA-based Sabra Healthcare REIT, according to CEO and Chair Rick Matros.
Welltower announces new senior living partner, new strategic adviser
By
Kimberly Bonvissuto
Feb 17, 2023
Despite remaining “underwhelmed” by early-2022 results, Welltower CEO Shankh Mitra said Thursday that he’s pleased with the underlying improvements to the company’s operating platform and talent...
Omega restructures lease as Maplewood deals with occupancy, labor, economic issues
By
Kimberly Bonvissuto
Jan 11, 2023
The COVID-19 pandemic’s lingering impacts on labor and inflation costs led Omega Healthcare Investors to propose a lease restructuring with its luxury senior living brand, Maplewood Senior Living, the...
‘Massive’ relief bill sends funding to state’s senior living and care providers
By
Kimberly Bonvissuto
Dec 16, 2022
Several “long-awaited” aging and health policy proposals passed the Ohio Legislature Thursday as part of a “massive” $6 billion relief bill that includes $40 million for assisted living providers...