Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
NHI investment pipeline exceeds $300 million
By
Kathleen Steele Gaivin
May 08, 2024
National Health Investors’ investment pipeline currently is valued at more than $300 million, Chief Investment Officer Kevin Pascoe said Tuesday on the Murfreesboro, TN-based real estate investment...
DHC results miss forecast, but senior housing portfolio continues to improve
By
Kathleen Steele Gaivin
May 08, 2024
Diversified Healthcare Trust saw “continued improvement” within its senior housing operating portfolio, or SHOP, during the first quarter, President and CEO Christopher Bilotto told analysts and investors...
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Ventas plans to expand senior living footprint, building on ‘unprecedented’ growth opportunity
By
Kimberly Bonvissuto
May 03, 2024
Ventas is benefiting from the “unprecedented” multi-year senior living growth opportunity that continues to gain traction and is committed to expanding its footprint in senior living in the coming...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Senior living performance surpasses expectations, Welltower CEO says
By
Kathleen Steele Gaivin
May 01, 2024
Toledo, OH-based real estate investment trust Welltower experienced a strong start in the first quarter, with a 19% year-over-year increase in funds from operations across the board, CEO Shank Mitra said...
All signs point to ‘more robust’ senior living market, LTC Properties CEO says
By
Kathleen Steele Gaivin
May 01, 2024
“The seniors housing and care industry is on a promising upturn after setbacks related to COVID,” Westlake Village, CA-based real estate investment trust LTC Properties Chairman and CEO Wendy Simpson...
Senior living ‘on the precipice of this defining moment,’ Argentum CEO says
By
Kimberly Bonvissuto
Apr 30, 2024
The senior living industry sits “on the precipice of this defining moment with significant challenges but also tremendous opportunities” to tell its story and help millions of older adults “live...