Pandemic likely to force operators to reexamine paths toward profitability
By
Amy Novotney
Apr 29, 2020
The pandemic is upending the seniors housing industry and causing baby boomers to rethink how they want to live out their retirement years, according to a Commercial Observer article Tuesday.
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Diversified Healthcare Trust reports 54.4 percent dip in net operating income, occupancy drop
By
Kathleen Steele Gaivin
Feb 01, 2024
Net operating income in Diversified Healthcare Trust’s senior housing operating portfolio, or SHOP, has fallen 54.4% since November, the Newton, MA-based real estate investment trust reported Wednesday.
HCP playing ‘long game,’ expects improved finances in 2019, leaders say
By
Lois A. Bowers
Feb 15, 2019
Senior housing will continue to provide challenges for HCP in 2019, but the real estate investment trust’s portfolio will start to see sequential improvement in net operating income, executives predicted...
Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Philanthropy as a tool to unite senior living communities during the pandemic
By
Walker Konkle
Apr 25, 2022
Although the long-term effects of the pandemic are still unfolding, we can rest assured that our communities are stronger today because of the way we pulled together when it mattered most. May that never...
AL supply up, SNFs in decline
By
Tim Mullaney
Aug 01, 2014
Nursing home inventory is continuing its slow but steady downward trajectory, according to quarterly data released in July by the National Investment Center for the Seniors Housing & Care Industry.
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...