NHI continues portfolio optimization efforts with focus on return to growth
By
Kimberly Bonvissuto
Nov 10, 2022
With third-quarter results ahead of expectations, National Health Investors President and CEO Eric Mendelsohn said Wednesday during an earnings call that the company’s long-term optimism for the industry...
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Pennant senior living portfolio continues rebuilding, with focus on leadership development
By
Kimberly Bonvissuto
Nov 09, 2022
Although wage pressures stifled third-quarter earnings, the Pennant Group saw notable progress on revenue and occupancy and is on track to make “significant” improvements and deliver strong results...
On Election Day, policies, relationships, leadership are long-term care’s ‘dogs in the fight’
By
Kimberly Bonvissuto
Nov 08, 2022
As the midterm elections play out across the nation today, LeadingAge President and CEO Katie Smith Sloan said that providers’ “dogs in the fight” are policies, relationships and leadership in Congress.
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Restructuring drives efficiencies, occupancy gains in third quarter, AlerisLife CEO says
By
Kimberly Bonvissuto
Nov 04, 2022
Continuing progress on a restructuring plan to make the company more efficient resulted in occupancy gains that were the largest in recent years in the third quarter, AlerisLife President and CEO Jeff...
DHC: Occupancy improvements continue, but so do operating expense challenges
By
Kimberly Bonvissuto
Nov 04, 2022
Although Diversified Healthcare Trust’s senior housing operating portfolio continues to recover from the effects of the COVID-19 pandemic, the third quarter was challenging for operating expenses, according...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
‘Historic’ Social Security cost-of-living adjustment gets mixed reviews from advocates
By
Kimberly Bonvissuto
Oct 14, 2022
The Social Security Administration on Thursday issued a historic 8.7% cost-of-living increase, giving prospective senior living residents improved buying power in the coming year. But the increase is getting...
More news for Thursday, Oct. 13
By
Kimberly Bonvissuto
Oct 13, 2022
Inflation hitting US older adults in the pocketbook … University initiative aims to kickstart CNA interest, retention … Understanding how older adults use tech can lead to better product solutions...