Activist shareholder announces intent to vote against long-serving Ventas board members… American Senior Communities announces Vision Centre sponsorship to help address workforce challenges … LCS community...
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
‘Robust’ senior housing recovery well underway: Ventas CEO
By
Kimberly Bonvissuto
Nov 08, 2021
Although a “robust senior housing recovery is well underway,” Ventas Chair and CEO Debra Cafaro said during Friday’s third-quarter earnings call that it may not progress in a straight line.
Ventas ‘optimistic’ as senior living outlook remains competitive
By
Kimberly Bonvissuto
Feb 19, 2021
In looking back at 2020, Ventas Chairman and CEO Debra Cafaro called it a “grueling” year “dominated by the pandemic and punctuated by extreme weather disruptions,” but she said the company’s...
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...
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...
Ventas, CareTrust REIT hope for COVID aid for senior living
By
Lois A. Bowers
Aug 10, 2020
Ventas and CareTrust REIT executives said Friday they are hopeful that senior living operators will receive assistance to battle the coronavirus in the next federal aid package.
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...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Senate leader promises coronavirus relief this week as U.S. cases, deaths increase and senior living...
By
Lois A. Bowers
Mar 18, 2020
As coronavirus disease 2019 (COVID-19) spreads in the U.S. and senior living companies face increasing challenges, the Senate on Tuesday did not vote on a relief bill passed by the House. Senate Majority...