Second-quarter earnings calls continued Friday with updates from CareTrust REIT, Diversified Healthcare Trust, Omega Healthcare Investors and Ventas.
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Month-over-month occupancy up 20 basis points in Diversified Healthcare Trust’s portfolio
By
Kathleen Steele Gaivin
Jan 02, 2024
November occupancy was 80.1% in Diversified Healthcare Trust’s senior housing operating portfolio, the Newton, MA-based real estate investment trust disclosed Thursday in a press release.
First-quarter earnings calls continued Wednesday with updates from Aleris Senior Living, CVS Health (parent of Omnicare), Diversified Healthcare Trust and Healthpeak Properties.
Five Star reports progress on strategic plan; Diversified transitions 7 additional properties
By
Kathleen Steele Gaivin
Sep 14, 2021
With a management agreement in place with Northstar Senior Living for seven additional properties, Diversified Healthcare Trust has now completed 62 of 108 planned transitions from Five Star Senior Living...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
Newton, MA-based Diversified Healthcare Trust experienced a “year of recovery,” President and CEO Jennifer Francis said during the real estate investment trust’s fourth-quarter and full-year 2022...
Diversified Healthcare Trust ‘well positioned’ following Five Star community transitions, RMR CEO...
By
Kathleen Steele Gaivin
Nov 18, 2021
Diversified Healthcare Trust is “well positioned to unlock value and improve performance within its senior living portfolio,” RMR Group President and CEO Adam Portnoy said during the company’s third-quarter...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...