Welltower selling ‘prominent’ West Coast senior living portfolio for $740 million
By
Lois A. Bowers
Feb 14, 2020
Welltower is selling “a prominent seniors housing operating portfolio” for more than $740 million, the Toledo, OH-based real estate investment trust announced in connection with its fourth-quarter...
Healthpeak president: Senior living turnaround ‘not there yet’
By
Lois A. Bowers
Feb 13, 2020
Market dynamics will improve in senior living in 2020, but it’s too soon to say the industry has turned around from recent financial and occupancy challenges, Healthpeak President and Chief Investment...
Government awards $51.6 million for senior housing construction, service delivery
By
Lois A. Bowers
Feb 10, 2020
The U.S. Department of Housing and Urban Development on Friday announced awards of more than $51.6 million to a total of 18 nonprofit organizations to finance affordable senior housing construction, provide...
Senior living development costs expected to increase in 2020
By
Lois A. Bowers
Feb 05, 2020
Senior living development costs are expected to increase modestly in 2020, even as development activity is somewhat reduced, according to a new report by CBRE.
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...
Big senior living stories of 2019
By
Lois A. Bowers
Dec 23, 2019
Here’s a look at some of the news that occupied many minds in senior living over the past year.
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...
Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...