Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
Coronavirus-related costs could be $10B to $20B for senior living; industry deserves bailout, groups...
By
Lois A. Bowers
Mar 24, 2020
COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in...
Long-term care shows signs of recovery despite inflationary headwinds
By
Kathleen Steele Gaivin
Sep 16, 2022
Despite persistent labor and inflationary headwinds, senior living and skilled nursing are seeing growth in occupancy and rents, according to new reports from Marcus & Millichap released Wednesday.
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
New Senior hopes selling, transitioning communities will improve performance
By
Lois A. Bowers
Feb 25, 2019
With the almost year-long process of bringing management in-house complete as of Jan. 1, New Senior Investment Group is making changes to its portfolio in an effort to improve finances, executives said...
Lenders still bullish on senior housing; expect 2022 to be more borrower-friendly
By
Amy Novotney
Feb 11, 2021
The senior housing financing markets have evolved over the course of the pandemic — as lenders and owners both adapted in real-time — to unprecedented asset level revenue declines exacerbated by operating...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...
