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 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...
Ventas expects ‘unprecedented demand,’ has $300 million senior living pipeline, execs say
By
Kathleen Steele Gaivin
Feb 16, 2024
With expectations of “unprecedented demand” for senior living in 2024 and subsequent years due to the rapidly growing population of older adults, Ventas is actively working on an investment pipeline...
American Healthcare REIT properties ‘generally performed well’ in Q3, exec says
By
Kathleen Steele Gaivin
Nov 22, 2023
American Healthcare REIT’s properties “generally performed well” in the third quarter, President and CEO Danny Prosky wrote in a letter to investors that was filed Monday with the Securities and...
Employer-sponsored health insurance cost up 7 percent year over year
By
Kathleen Steele Gaivin
Nov 21, 2023
The cost of employer-sponsored health insurance plans is increasing both for employers and employees, according to recent studies.
Bankruptcy filings trend up, with long-term care still showing ‘substantial distress’
By
Kathleen Steele Gaivin
Nov 16, 2023
Chapter 11 bankruptcy filings in the healthcare industry, including those in long-term care, have trended upward in the third quarter, according to the Polsinelli-TrBK Distress Indices Report. Healthcare...
Senior living and care a ‘study of paradox,’ expert says
By
Kathleen Steele Gaivin
Nov 15, 2023
Senior living and care today “is in many ways a study of paradox,” Aaron Becker, head of seniors housing and healthcare production at Lument, said Wednesday during a webinar sponsored by the commercial...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
Social media popular source of financial information for Gen Z
By
Kathleen Steele Gaivin
Nov 15, 2023
Members of Gen Z, born between 1997 and 2012, are plugged into social media platforms to learn about personal finances and “take care of their financial futures in ways previous generations could not,”...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...