Senior living investors re-examine portfolios: NIC Leadership Huddle
By
Kathleen Steele Gaivin
May 24, 2021
Despite seeing lower occupancy levels through the pandemic, senior living investors are seeing some light at the end of the tunnel, according to panelists at last week’s Leadership Huddle of the National...
Welltower expands active adult presence with Treplus Communities partnership, provides business update
By
Kathleen Steele Gaivin
May 21, 2021
Toledo, OH-based Welltower is expanding its presence in the active adult rental community sector with the addition of Columbus, OH-based Treplus Communities properties to its portfolio. The REIT also provided...
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
‘We believe we’ve turned the corner,’ Ventas execs say
By
Kathleen Steele Gaivin
May 19, 2021
Ventas executives are “encouraged by what we’re seeing early in this recovery,” Executive Vice President of Senior Housing Justin Hutchens said yesterday at the Capital Markets Global Health Care...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Capital Senior Living ‘at inflection point,’ CEO says
By
Kimberly Bonvissuto
May 14, 2021
With the “grips of the pandemic” easing considerably over the past few months, and a 93% vaccination rate among its residents, Capital Senior Living President and CEO Kimberly Lody said signs of recovery...
Invesque sees ‘light at end of tunnel’ following challenging year
By
Kimberly Bonvissuto
May 14, 2021
Although the past year was a challenging one for the senior living industry, Invesque Chairman and CEO Scott White said he has seen positive momentum in the company’s portfolio over the past 45 days...
50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...
Lawmakers lobby feds to release remaining Provider Relief Funds, give providers flexibility
By
Kimberly Bonvissuto
May 13, 2021
A bipartisan group of House legislators is asking the federal government to immediately distribute the remaining Provider Relief Funds, as well as give providers more time and flexibility in using those...
2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: NHI
By
Kimberly Bonvissuto
May 12, 2021
The rollout of the COVID-19 vaccine has helped communities reopen and begin occupancy gains, but the road to recovery is likely to be uneven, according to National Health Investors President and CEO Eric...