Senior living market ripe for development, experts say
By
Kimberly Bonvissuto
May 24, 2024
The senior living landscape is ripe for development thanks to market fundamentals, extended construction timelines and growing occupancy, according to experts with the National Investment Center for Seniors...
Sabra Health Care REIT continues to improve operating performance in 2024
By
Kimberly Bonvissuto
May 10, 2024
The first quarter was a continuation of the past couple of quarters, with Sabra Health Care REIT’s operating performance continuing to improve, according to President, CEO and Chair Rick Matros. The...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...
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...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
People in the news, April 30
Apr 30, 2024
Appointments, promotions and other news at Claiborne Senior Living, Interim HealthCare, Medical Guardian and Morning Pointe Senior Living.
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.
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches
By
Kimberly Bonvissuto
Apr 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing...
Brookdale ushers in 29 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Apr 10, 2024
A 180-basis-point average occupancy gain in March represented the 29th consecutive month of year-over-year growth for Brookdale Senior Living, according to a Monday update from the Brentwood, TN-based...