Sonida looks to close out ‘exceptional’ recovery year, focused on 2024 growth
By
Kimberly Bonvissuto
Nov 15, 2023
Sonida Senior Living is approaching the end of an “exceptional” year in its recovery, with increased occupancy and rate growth, along with stabilizing operating expenses.
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Senior living providers missing opportunities to get paid for everything they offer, expert says
By
Kimberly Bonvissuto
Nov 13, 2023
As senior living residents decline in acuity and need more services and care, it’s more important than ever for providers to be aware of the full-package value of their amenities and services so they...
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
Invesque makes addition, dispositions and operator transitions
By
Lois A. Bowers
Nov 10, 2023
Invesque continued to adjust its portfolio through an addition, dispositions and operator transitions in the third quarter and afterward, the Fishers, IN-based healthcare real estate company reported as...
NHI performance better than expected thanks to record rent repayments, occupancy gains
By
Kimberly Bonvissuto
Nov 09, 2023
National Health Investors’ third-quarter results exceeded its expectations, due to strong rent collections, record repayment of rent deferrals and no unexpected rent concessions for operators, according...
The Pennant Group reports ‘continued positive momentum’ in third quarter
By
Lois A. Bowers
Nov 09, 2023
The Pennant Group saw “continued positive momentum” in operating results in the third quarter, according to Pennant CEO Brent Guerisoli.
With a year of ‘solid progress and growth,’ Brookdale says it is prepared to meet demand for senior...
By
Kimberly Bonvissuto
Nov 08, 2023
Upon experiencing another “strong” quarter of growth, Brookdale Senior Living is seeing the positive results of its recovery strategy by focusing on profitable and sustainable growth, executives said...
Maplewood Senior Living continues to struggle but sees path forward
By
Kimberly Bonvissuto
Nov 06, 2023
Omega Healthcare Investors continued to see financial performance that exceeded its expectations in the third quarter, executives of the Hunt Valley, MD-based real estate investment trust said Friday,...
Ventas: Senior living growth and recovery ‘in full swing’
By
Kimberly Bonvissuto
Nov 06, 2023
A strong third quarter was the result of actions taken to drive performance, combined with powerful demand in the senior living market, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter...