CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
People in the news, April 30
Apr 30, 2024
Appointments, promotions and other news at Claiborne Senior Living, Interim HealthCare, Medical Guardian and Morning Pointe Senior Living.
Healthpeak Properties CCRC portfolio sees 27 percent same-store NOI growth
By
Kathleen Steele Gaivin
Apr 29, 2024
Denver-based Healthpeak Properties saw same-store net operating income growth of 27% in its portfolio of continuing care retirement communities in the first quarter,
Business briefs, April 29
By
Kathleen Steele Gaivin
Apr 29, 2024
NIC notes 4 takeaways from first-quarter fundamentals …… Tennessee creates coordinated response to Alzheimer’s disease … Arizona assisted living community turns over control to third party amid...
Apparent strengthening demand in senior living validates resident rate hikes: expert
By
Kimberly Bonvissuto
Apr 23, 2024
For senior living operators on the fence about implementing resident rate increases, a new rate report from a senior housing data analytics company reveals positive signals indicating strengthening demand.
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches
By
Kimberly Bonvissuto
Apr 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing...