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,...
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...
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.
Business briefs for Monday, June 29
Jun 29, 2020
Data from the U.S. Bureau of Economic Analysis shows a rebound in health spending across all categories except nursing home care … Treasury to give Congress access to all PPP loan data … Ziegler closes...
Business briefs for Monday, Nov. 2
Nov 02, 2020
Fed lowers minimum loan amount to $100,000 for Main Street Lending Program … Most cities ill-equipped to meet the needs of older residents: report … Ziegler closes $125M in financing for CCRC owner...
LTC Properties reports EPS, revenue increases, but suspends 2020 guidance
By
Amy Novotney
May 05, 2020
LTC Properties recorded a net income available to common stockholders of $63.4 million, or $1.60 per diluted share, for the first quarter of 2020, according to earnings information released Monday. That’s...