NHI announces $100 million loan … Ziegler closes $22.5 million deal … Real Estate Roundtable re-elects Ventas’ Cafaro as chair … Weekly unemployment claims fall, but still top 1 million
Business briefs for Tuesday, Feb. 2
Feb 02, 2021
LeadingAge urges Treasury to consider older adults in $25 billion rent relief program … Fitch revises rating outlook for Sabra to stable from negative and affirms the ratings for Sabra’s debt as ‘BBB-‘...
‘We believe we’ve turned the corner,’ Ventas execs say
By
Kathleen Steele Gaivin
May 19, 2021
Ventas executives are “encouraged by what we’re seeing early in this recovery,” Executive Vice President of Senior Housing Justin Hutchens said yesterday at the Capital Markets Global Health Care...
Ventas to cut executive salaries, a quarter of corporate jobs
By
Amy Novotney
May 29, 2020
Chicago-based real estate investment trust Ventas will make adjustments to its corporate cost structure in response to the COVID-19 pandemic’s impact on the firm, according to a Securities & Exchange...
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...
Sabra ‘in all likelihood’ will exit Enlivant portfolio, Matros says, as REITs take varied approaches...
By
Kathleen Steele Gaivin
Jun 10, 2021
Sabra Health Care REIT has yet to reach a decision about its joint venture with private equity firm TPG Real Estate, through which it has a 49% stake in a portfolio of dozens of Enlivant senior living...
Brookdale Senior Living, Ventas and CareTrust REIT all held second-quarter earnings calls on Friday.
Vaccine news boosts analysts’ views on skilled nursing; concerns remain around future of seniors housing:...
By
Amy Novotney
Nov 23, 2020
As Nareit’s REITworld: 2020 Annual Conference wrapped up last week, analysts at Mizuho Securities USA say they remain positive on the skilled nursing sector given the promising vaccine news, strong government...
Ventas offering deferred rent for April; others likely to follow
By
Amy Novotney
Apr 01, 2020
Ventas announced Monday that it is offering a 25% deferred rent payment for April for its operators in triple-net leases — about 20% of its portfolio by net operating income.
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...