Skilled nursing occupancy increases are beginning to slow: NIC report
By
Kathleen Steele Gaivin
Nov 12, 2021
Although skilled nursing occupancy increased for seven consecutive, NIC MAP data reported a slowdown in August in its November skilled nursing monthly report.
Earnings calls wrap-up: Invesque, Capital Senior Living
By
Kathleen Steele Gaivin
Nov 12, 2021
Companies focus on portfolio management among costs and labor availability pressures.
Senior housing, skilled nursing could be investor favorites as dynamics present ‘window of opportunity’
By
Kathleen Steele Gaivin
Nov 12, 2021
With the senior housing and care market reporting movement toward economic recovery in the third quarter, investment firm Marcus & Millichap reported that a “confluence of near-term challenges and long-term...
Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Despite ‘mediocre’ results, Welltower CEO sees strong senior living recovery moving forward
By
Kimberly Bonvissuto
Nov 08, 2021
Despite “mediocre” bottom line results affected by a perfect storm of extraordinary labor, insurance and utility costs, Toledo, OH-based Welltower posted its strongest revenue growth since the pandemic...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
Healthpeak substantially exits rental senior housing with final $149 million in sales
By
Kimberly Bonvissuto
Nov 04, 2021
Healthpeak Properties closed on the final sale of $149 million of its seniors housing portfolio in the third quarter, bringing total sales proceeds on the properties to $4 billion since July 2020, CEO...
Healthpeak closes on final $149 million of senior living dispositions
By
Kathleen Steele Gaivin
Nov 04, 2021
Healthpeak Properties has closed the final $149 million of its senior living community dispositions since August, bringing total sales proceeds to $4 billion since July 2020, CEO Thomas Herzog said during...