Welltower’s senior housing occupancy drops to 75.3%
By
Amy Novotney
Jan 20, 2021
Welltower’s total senior housing operating portfolio occupancy declined approximately 220 basis points during the fourth quarter, falling from 78.4% to 76.2%, according to a business update released...
Welltower sees continued senior housing occupancy decline; announces dividend of 61 cents per share
By
Amy Novotney
Oct 30, 2020
Despite the ongoing negative effects of the pandemic on Welltower’s financial results and seniors housing occupancy, the Toledo, OH-based real estate investment trust beat analysts expectations with...
With COVID-19 cases down to just two per day in recent weeks within a portfolio serving 40,000 residents, and a 100% resident vaccination rate expected by the end of the month, Ventas Chairman and CEO...
Welltower sells $1.3B in seniors housing and outpatient medical assets; sees occupancy decline pace slowing
By
Amy Novotney
Jun 03, 2020
Toledo, OH-based Welltower closed on the sale of a $300 million portfolio of six seniors housing assets in May, according to a business update released by the real estate investment trust late Monday.
Despite occupancy improvements, near-term outlook still ‘highly unpredictable’: Welltower
By
Amy Novotney
Apr 30, 2021
Following the rapid distribution and high acceptance rate of COVID-19 vaccinations by residents within assisted living and memory care communities in the United States and United Kingdom, Welltower’s...
Parkinson: ‘Green shoots’ indicate occupancy is troughing, but pace of recovery still uncertain
By
Amy Novotney
Apr 08, 2021
The stocks of senior living and skilled nursing-focused real estate investment trusts have outperformed expectations since the first COVID-19 vaccine announcement last November raised hopes of a quick...
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
Fourth-quarter COVID-19 surge leads to continued occupancy, uncertainty for Welltower
By
Amy Novotney
Feb 11, 2021
Toledo, OH-based Welltower reported normalized funds from operations of 84 cents per share for the fourth quarter Tuesday, beating analysts expectations. Occupancy remains pressured by a decline in move-in...
Long-term outlook strong for senior living: Baird
By
Amy Novotney
Feb 09, 2021
Senior housing industry fundamentals likely will remain “negative and choppy” for the foreseeable future, but its long-term thesis looks strong, according to investment banking firm Baird.
BMO Capital Markets predicts elongated seniors housing recovery, changes outlooks for REITs
By
Amy Novotney
Jan 11, 2021
Although the COVID-19 vaccines are expected to become more widely available as the first quarter continues, investment banking firm BMO Capital Markets is predicting an elongated recovery for the senior...