COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National...
Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Coronavirus forcing investors to realize seniors housing is not just a real estate play
By
Amy Novotney
May 14, 2020
After years spent viewing seniors housing as a potential cash cow given the graying of the baby boomer generation, the coronavirus pandemic is forcing investors in the sector to recognize that they are...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...
Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...
Healthpeak feels effects of COVID-19 but says pent-up demand will help occupancy rebound
By
Kimberly Bonvissuto
May 07, 2020
Healthpeak Properties’s senior housing operators are feeling the effects of COVID-19, but pent-up demand should help occupancy rebound as the pandemic eases, top executives predicted Wednesday on the...
COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...
More than 80% of assisted living facilities report occupancy declines: NIC
By
Amy Novotney
May 01, 2020
Roughly four-in-five assisted living communities and nursing facilities are reporting occupancy rate declines compared with a month ago, according to data collected last week from owners and executives...