Healthpeak continues to prune senior living portfolio but sees CCRCs as ‘additive’
By
Kimberly Bonvissuto
Feb 11, 2021
Healthpeak Properties’ planned exit of its senior living operating and triple-net lease portfolio businesses is substantially complete, as the healthcare real estate investment trust focuses on increasing...
Welltower works to preserve value after 2020 that was anything but ‘plain vanilla’
By
Kimberly Bonvissuto
Feb 11, 2021
“We came into 2020 prepared for a plain vanilla business cycle downturn,” Welltower CEO and Chief Investment Officer Shankh Mitra said during the real estate investment trust’s fourth-quarter and...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...
Lenders still bullish on senior housing; expect 2022 to be more borrower-friendly
By
Amy Novotney
Feb 11, 2021
The senior housing financing markets have evolved over the course of the pandemic — as lenders and owners both adapted in real-time — to unprecedented asset level revenue declines exacerbated by operating...
People in the news, Feb. 9
By
Kimberly Bonvissuto
Feb 09, 2021
Appointments, promotions and news at Arrow Senior Living, Bridges by EPOCH, Buckner Calder Woods, CareTrust REIT, Commonwealth Senior Living, Enlivant, Griffin Living, Juniper Communities, Kisco Senior...
Long-term outlook strong for senior living: Baird
By
Amy Novotney
Feb 09, 2021
Senior housing industry fundamentals likely will remain “negative and choppy” for the foreseeable future, but its long-term thesis looks strong, according to investment banking firm Baird.
Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Affordable housing changes needed as older adult households lead growth trends: report
By
Kimberly Bonvissuto
Feb 05, 2021
The Urban Institute, based on new research, is recommending the expansion of the U.S. Department of Housing and Urban Development’s Section 202 Housing for the Elderly program, more low-income housing...
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Acquisitions more likely than new developments as operators emerge from pandemic: speakers
By
Amy Novotney
Feb 03, 2021
More than 10 months into the COVID-19 pandemic, senior housing investors are more interested in prioritizing acquisitions above new developments as the uncertainty of the market continues. That’s according...