An analysis published in the New York Times Sunday examined the efforts of some of the country’s largest nursing home companies to assemble lobbyists to help advocate for protection against lawsuits,...
Scenario planning is a powerful financial tool for senior living operators: Mace
By
Amy Novotney
May 19, 2020
The end of the coronavirus continues to be difficult to predict, but in the meantime, operators, investors and lenders can take contingency planning steps to address the myriad paths that may unfold, advises...
Sabra lowers first-quarter dividends in response to COVID-19 outbreak
By
Amy Novotney
Mar 26, 2020
Sabra Health Care REIT, Inc. announced Wednesday that it is resetting its quarterly dividend to $0.30 per share for the dividend expected to be declared in May of 2020, in response to the current economic...
Occupancy declines tapering off for New Senior Investment Group
By
Amy Novotney
Jun 19, 2020
Improvements in leads and move-in volume resulted in a lower rate of occupancy decline in May, and these trends have continued into June, according to a business update Thursday from New York-based New...
CCRCs see lower occupancy dips than non-CCRCs: NIC
By
Amy Novotney
Nov 12, 2020
Two quarters into the COVID-19 pandemic, occupancy within continuing care retirement communities has remained nearly 9 percentage points higher than occupancy within non-CCRCs. That’s according to data...
Ventas, Sabra exceed analysts’ third-quarter expectations, but continued occupancy concerns loom
By
Amy Novotney
Nov 09, 2020
Chicago-based Ventas reported third-quarter funds from operations of 75 cents per share Friday, coming in above analysts’ expectations for the real estate investment trust but still 22% lower than a...
Life plan communities under pressure amidst coronavirus: Fitch Ratings
By
Amy Novotney
Mar 20, 2020
Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated...
Green Street Advisors: ‘The property markets are in an adjustment period’
By
Amy Novotney
Apr 07, 2020
The Green Street Commercial Property Price Index declined by 1.3% last month, according to data released Monday by the firm.
Fitch lowers life plan community sector outlook to negative, but no all-encompassing rating action
By
Amy Novotney
May 27, 2020
Fitch Ratings has revised its outlook on life plan communities to negative last week, reflecting the rating agency’s concern that many of COVID’s risks still lie ahead.
LTC workforce has declined nearly 5% since February
By
Amy Novotney
Jun 09, 2020
Employment in nursing homes and other residential care settings fell again in May, but at a lower rate: 37,000 jobs lost versus 117,000 lost in April. That’s according to the latest jobs report from...