Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
Senior living experiences highest year-over-year growth in asking rates since 2017: NIC
By
Kathleen Steele Gaivin
Mar 02, 2022
The independent living, assisted living and memory care sectors of long-term care in the fourth quarter of 2021 all experienced the highest year-over-year growth in asking rates since NIC MAP began reporting...
1 in 4 long-term care operators expect their development pipelines to decrease: NIC survey
By
Amy Novotney
Nov 13, 2020
About one-fourth (24%) of senior housing and skilled nursing operators now expect their development pipelines to decrease. That’s according to data collected from the most recent Executive Survey conducted...
NHI reports COVID-19 cases remain at less than 1 percent across its portfolio
By
Kimberly Bonvissuto
May 13, 2020
As with other senior housing operators and real estate investment trusts with senior housing properties, National Health Investors reported that COVID-19 has presented challenges to its business, but positive...
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
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.
Five Star reports progress on strategic plan; Diversified transitions 7 additional properties
By
Kathleen Steele Gaivin
Sep 14, 2021
With a management agreement in place with Northstar Senior Living for seven additional properties, Diversified Healthcare Trust has now completed 62 of 108 planned transitions from Five Star Senior Living...
Senior living is a ‘huge opportunity’ in the long term, HCP believes
By
Lois A. Bowers
May 02, 2017
Wage pressures and lower occupancy levels due to new supply in the marketplace are short-term issues for senior living, Thomas M. Herzog, CEO of HCP, told analysts and others participating in a first-quarter...
SNF occupancy slide continues: NIC
By
Amy Novotney
Oct 01, 2020
Occupancy rates for skilled nursing properties dropped to a new record low of 74.6% in July, according to a report this week from the National Investment Center for Seniors Housing & Care’s NIC MAP Data...