‘Coiled spring’ of senior living expanding sector momentum: Welltower
By
Kimberly Bonvissuto
May 12, 2022
The “coiled spring” of senior living is starting to expand, with growth driven by higher rental rates, increasing occupancy and improving margins, according to Welltower executives.
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
Last year’s momentum carries over into first quarter, Welltower says
By
Kathleen Steele Gaivin
May 12, 2022
Last year’s momentum carried over into the first quarter “and translated into the first period of year-over-year bottom-line growth for our company since the beginning of [the] pandemic,” Welltower...
NHI reaches ‘inflection point’ as it sees finish line on portfolio optimization
By
Kimberly Bonvissuto
May 11, 2022
With optimization of its portfolio largely complete, National Health Investors President and CEO Eric Mendelsohn said that the real estate investment trust has reached an inflection point with greater...
Earnings call recap: Pennant Group, National Health Investors
By
Kathleen Steele Gaivin
May 11, 2022
The Pennant Group and National Health Investors held first-quarter earnings calls Tuesday.
People in the news, May 10
By
Amy Novotney
May 10, 2022
Appointments, promotions and retirements at Avera Health, CareTrust REIT, Cura Hospitality, Erickson Senior Living, Health Dimensions Group, Healthpeak Properties, Kendal, LeadingAge Minnesota, Link-age,...
Brookdale sets occupancy, move-in records despite market pressures
By
Kimberly Bonvissuto
May 09, 2022
Brookdale Senior Living recorded its best first-quarter sequential occupancy results in 10 years and in March experienced its highest March move-in figure in history, executives said Friday during a first-quarter...
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...
CareTrust enters behavioral health by converting underperforming assisted living communities
By
Kimberly Bonvissuto
May 09, 2022
San Clemente, CA-based CareTrust REIT is moving into the behavioral health segment after reaching an agreement to convert three of its underperforming assisted living communities into residential addiction...