Sunrise’s revised management agreement sign of things to come: Ventas
By
Kimberly Bonvissuto
May 09, 2022
Ventas’ revised management agreement with Sunrise Senior Living is a sign of things to come for other operators in the real estate investment trust’s portfolio, Ventas Executive Vice President of Senior...
Revenues up, net income down this year: National HealthCare Corp.
By
Kathleen Steele Gaivin
May 09, 2022
First-quarter 2022 net operating revenues and grant income totaled almost $2.8 million, compared with more than $2.5 million for the first quarter of 2021, for a year-over-year increase of 11.2%, Murfreesboro,...
Brookdale Senior Living, CareTrust REIT and Ventas presented their first-quarter earnings reports to investors on Friday.
Buyers are bullish for skilled nursing, expert says
By
Kathleen Steele Gaivin
May 05, 2022
Even in today’s economy, buyers are bullish when it comes to investing in skilled nursing facilities, Jason Stroiman, president and founder of Chicago-based Evans Senior Investments, said Wednesday in...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Experts offer tips to mitigate construction cost risks in the current economy
By
Kathleen Steele Gaivin
Apr 27, 2022
Limited staff, resources, costs and supply chain issues all continue to hinder construction projects in the economy. Plante Moran experts offered strategies for mitigating construction costs risks and...
At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while the unemployment rate At 8.5%, the U.S. inflation reached its highest point in 40 years earlier this month while...
M&A activity in long-term care shrinks 9 percent during first quarter
By
Kathleen Steele Gaivin
Apr 14, 2022
Mergers and acquisitions activity slowed by 9% in the first quarter compared with the fourth quarter of 2021, according to data released Wednesday from LevinPro.
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...