Skilled nursing demand recovering; occupancy highest since April 2020
By
Kathleen Steele Gaivin
May 09, 2022
Demand for skilled nursing is on the rise, as occupancy continues to recover from pandemic lows, according to the latest Skilled Nursing Monthly Report released by the National Investment Center for Seniors...
Increasing independent living presence on many operators’ to-do lists: NIC
By
Kimberly Bonvissuto
May 06, 2022
Half of long-term care executives surveyed about their care and service offering mix expect to increase their presence in independent living in the next year, according to the National Investment Center...
Assisted living, addiction treatment focus of diversification strategy for Sabra in 2022
By
Lois A. Bowers
May 06, 2022
Assisted living figures prominently into the 2022 plans for Sabra Health Care REIT as the company seeks to diversify its portfolio and reduce its exposure to skilled nursing, CEO, President and Chair Rick...
Staffing shortage severity may be lessening, executives say
By
Kathleen Steele Gaivin
May 06, 2022
Severe staffing shortages in long-term care may be lessening, according to results of Wave 40 of the Executive Survey, released Thursday by the National Investment Center for Seniors Housing & Care.
Sabra Health Care REIT to reduce SNF exposure, diversify portfolio
By
Kathleen Steele Gaivin
May 06, 2022
Irvine, CA-based Sabra Health Care REIT is focusing on diversifying its portfolio this year, including reducing its skilled nursing facility exposure, CEO, President and Chair Rick Matros said on Thursday’s...
AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
CCRCs ‘exceeded expectations’ in first quarter, Healthpeak says
By
Lois A. Bowers
May 05, 2022
First-quarter results in Healthpeak Properties’ continuing care retirement community segment “exceeded our expectations,” the real estate investment trust’s president and chief investment officer,...
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
People in the news, May 3
By
Amy Novotney
May 03, 2022
Appointments, promotions and awards at The Ciena Group, Discovery Senior Living, East Ridge Residence, Erickson Senior Living, Fishman & Associates, Franciscan Ministries, Juniper Communities, M3, MBK...
Private buyers dominate senior housing transactions in first quarter
By
Kathleen Steele Gaivin
May 03, 2022
Of the $1.2 billion of closed deals in the first quarter of 2022, private buyers represented $877 million, or 76%, of the closed volume, according to data released at a recent webinar hosted by NIC MAP.