Welltower SHOP sees 4th consecutive quarter of 20+ percent NOI growth
By
Kathleen Steele Gaivin
Nov 01, 2023
Net operating income growth in Welltower’s senior housing operating portfolio exceeded 20% for the fourth consecutive quarter, CEO Shankh Mitra said Tuesday during the company’s latest earnings call.
CareTrust REIT implements ‘green lease’ strategy
By
Kathleen Steele Gaivin
Oct 13, 2023
A new “green lease” strategy is one of the efforts highlighted in CareTrust REIT’s third annual corporate sustainability report, released Wednesday.
$35,000 sign-on bonuses offered for RNs in Bassett Healthcare Network
By
Kathleen Steele Gaivin
Oct 04, 2023
Cooperstown, NY-based Bassett Healthcare, which includes two skilled nursing facilities and an enriched housing/assisted living residence, is upping the ante for 90 days to attract workers.
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Colorado SNF sanctioned for 2021 data breach
By
Kathleen Steele Gaivin
Sep 26, 2023
The state of Colorado has settled with Broomfield Skilled Nursing and Rehabilitation Center for not protecting the personal data of hundreds of residents, patients and employees before and during a 2021...
Investor dissatisfaction grows with boards, ESG proposals: report
By
Kathleen Steele Gaivin
Sep 21, 2023
More shareholders are dissatisfied with corporate boards of directors than in the past, and support for environmental, social and governance proposals also has waned, according to a report released Wednesday...
Welltower touts ‘strengthening fundamentals’ in third quarter
By
Kathleen Steele Gaivin
Sep 12, 2023
The third quarter has been marked by “strengthening seniors housing fundamentals driving continued momentum during peak leasing season,” Toledo-based real estate investment trust Welltower said Monday...
‘Substantial change’ needed at Ventas, activist shareholder says
By
Kathleen Steele Gaivin
Sep 12, 2023
Stamford, CT-based Land & Buildings Investment Management issued a public letter Monday describing Ventas’ recent financial performance as “lackluster” and calling for “substantial change.”
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Pennant Group CEO: Senior living segment makes ‘remarkable progress’
By
Kathleen Steele Gaivin
Aug 10, 2023
The Pennant Group’s senior living segment “made remarkable progress” in the second quarter, CEO Brent Guerisol said Wednesday on the company’s latest earnings call.