Invesque considering restructuring options with two senior living and care tenants
By
Amy Novotney
Aug 14, 2020
Invesque reported solid second quarter financial results Wednesday. The real estate investment trust cited cost-cutting measures announced in the first quarter to strengthen liquidity and preserve cash....
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Senior housing operators showing improved performance during COVID-19 pandemic: NHI
By
Kimberly Bonvissuto
Aug 12, 2020
COVID-19 has had a negative effect on the senior living industry, impacting operator revenues and building occupancy rates, but National Health Investors’ leadership said during a second-quarter earnings...
Stimulus grants helping Diversicare and NHC withstand pandemic’s decreased revenue and significant...
By
Amy Novotney
Aug 07, 2020
Brentwood, TN-based Diversicare felt the impact of COVID-19 “in a very real way” in the second quarter, recording more than 2,500 positive cases in patients, residents and staff, affecting 56 of the...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
Small businesses in dire straits, CEOs warn Congress
By
Amy Novotney
Aug 04, 2020
Nearly 100 current and former CEOs of companies both large and small sent a letter to congressional leaders Monday pressing them for additional, longer-term support for small businesses.
HHS extends deadline for assisted living operators to apply for CARES Act funding
By
Lois A. Bowers
Jul 20, 2020
The Department of Health and Human Services on Friday extended until Aug. 3 the deadline for eligible state Medicaid and Children’s Health Insurance Program providers, including assisted living operators,...
Here’s the COVID-19 information borrowers should be sharing with lenders: Ziegler
By
Amy Novotney
Jul 17, 2020
Most borrowers know that amidst the onset of COVID-19, ongoing disclosure to lenders with regards to how the pandemic is impacting the organization is crucial. But how often should operators be providing...
Business briefs for Thursday, July 16
Jul 16, 2020
Here’s what to expect in the next stimulus bill, which could be introduced as early as next week … Ohio county receives $100,000 Alternative and Clean Energy Program grant to develop seniors housing...
House subcommittee spending bill looks to expand affordable senior housing supply
By
Kimberly Bonvissuto
Jul 10, 2020
The House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies on Wednesday passed its fiscal year 2021 spending bill, which includes $860 million for new Section...