Brookdale Senior Living to acquire 41 communities for $610 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will acquire 41 communities for $610 million, the company announced Monday morning.
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...
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
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...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Seniors housing REITs a risky investment right now: Motley Fool
By
Amy Novotney
Oct 06, 2020
The COVID-19 pandemic has turned many formerly safe investments into potentially risky ventures. These include seniors housing real estate investment trusts, according to a Motley Fool analysis.
Spot occupancy spikes in June, Welltower reports
By
Kathleen Steele Gaivin
Jul 14, 2022
Spot occupancy in Welltower’s U.S. senior housing operating portfolio rose 120 basis points (1.2%) in the second quarter, with half of that increase occurring in the last two weeks of June, according...
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...