Ventas seeks to exceed 2019 performance in 2023, CEO says
By
Kimberly Bonvissuto
Feb 13, 2023
Ventas is entering 2023 seeking to reach 2019 performance levels and then exceed them, Chairman and CEO Debra Cafaro said during Friday’s fourth-quarter and full-year 2022 earnings call.
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.
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
Apparent strengthening demand in senior living validates resident rate hikes: expert
By
Kimberly Bonvissuto
Apr 23, 2024
For senior living operators on the fence about implementing resident rate increases, a new rate report from a senior housing data analytics company reveals positive signals indicating strengthening demand.
Amidst an increasingly uncertain economic outlook, Welltower reported another quarter of operating results that continue to exceed the company’s expectations, powered by “exceptional” growth in its...
Government shutdown could derail momentum of legislation benefiting senior living
By
Kimberly Bonvissuto
Sep 28, 2023
A government shutdown would suspend a wide range of government programs, furlough federal workers and freeze momentum on several legislative priorities supported by the senior living industry.
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...
Merger remains ‘best path,’ DHC CEO says, as senior living properties struggle with pandemic recovery
By
Kimberly Bonvissuto
Jul 28, 2023
Diversified Healthcare Trust’s pending merger with Office Properties Income Trust remains the “best path” forward as DHC’s senior housing operating portfolio continues to struggle in its COVID-19...
Brookdale continues occupancy momentum in post-COVID era
By
Kimberly Bonvissuto
Dec 11, 2023
Brookdale Senior Living reported its 25th consecutive month of year-over-year weighted average occupancy growth in an update released Friday.
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...