Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Ventas plans to ‘win the recovery’ in senior housing through strategic moves
By
Kimberly Bonvissuto
May 10, 2021
Saying that the worst of the pandemic is over, Ventas Chairman and CEO Debra Cafaro said the real estate investment trust’s portfolio delivered “better than expected financial results” in the first...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Diversified Healthcare reports feeling ‘real change’ during pandemic recovery; Five Star adopts strategic...
By
Kimberly Bonvissuto
May 07, 2021
The COVID-19 vaccine rollout translated to a feeling of “real change,” Diversified Healthcare Trust executives said as they reported growth in occupancy, move-ins and leads in its senior housing portfolio...
Skilled nursing occupancy begins to stabilize: NIC
By
Amy Novotney
May 07, 2021
Occupancy at U.S. skilled nursing facilities increased to 71.2% in February, as reported by the latest monthly skilled nursing data released Thursday from the National Investment Center for Seniors Housing...
Healthpeak continues exit from rental senior housing with $1B in asset sales
By
Kimberly Bonvissuto
May 06, 2021
Healthpeak Properties continued its exit from most senior living with the sale of $1 billion in assets in the first quarter, with an additional $400 million in deals under hard or soft contract.
New Senior CEO cautiously optimistic about start of potential COVID-19 recovery
By
Amy Novotney
May 06, 2021
New Senior Investment Group reported funds from operations Wednesday of $9.6 million, or 11 cents per share, for the first quarter of the year.
Healthpeak’s earnings in line with estimates; progress continues on seniors housing dispositions
By
Amy Novotney
May 06, 2021
Healthpeak Properties reported funds from operations as adjusted Tuesday of $217.3 million, or 40 cents per share, for the first quarter of the year, slightly surpassing analyst estimates.
White House recognizes assisted living’s ‘critical importance’ as aging services provider
By
Kimberly Bonvissuto
May 05, 2021
An announcement from the federal government about the release of $1.4 billion in funding from the American Rescue Plan for programs affecting older adults for the first time acknowledges assisted living...
Pennsylvania’s White Horse Village embarks on $95M master plan
By
Amy Novotney
May 04, 2021
Last month, the board of directors of Newtown Square, PA-based continuing care retirement community White Horse Village approved a $95 million five-year master plan.