Senior Housing News

Business information and industry analysis about Seniors Housing

Latest articles

COVID-19 Continues to Weigh on Ventas Senior Housing Performance in Q2

As with its other REIT peers, Ventas’ (NYSE: VTR) senior housing segment continued to lag from the impact of Covid-19 in the second quarter of 2020, but is encouraged from positive trends emerging after the pandemic’s initial disruption. Its roster of operators achieved sustained intra-quarterly improvements in leads, movements and clinical...

Gardant CEO: Residents Are Driving Reopening Plans, Financial Support Finally Arrives

Assisted living providers have been largely overlooked by the government’s financial support programs during Covid-19. Even Gardant Management Solutions — a large provider with significant Medicaid revenues — had to wait a long time for federal aid. The provider had to wait until early July to apply for assistance through the $15 billion CARES...

New Senior Credits Independent Living Model in Trimming Q2 Operating Expenses

New Senior Investment Group (NYSE: SNR) was able to cut its operating expenses by 4.5% in the second quarter of 2020, despite also losing about 250 basis points of occupancy during that time. Susan Givens, CEO of the New York City-based health care real estate investment trust (REIT), attributed the operating expense decline to two main things:...

Transform Podcast #31: Randy Richardson of Vi

Vi President Randy Richardson is an optimist, but he finds it hard to maintain a bright outlook in the midst of Covid-19 — in fact, he fears that the worst is yet to come for senior living.  But Richardson is still bullish on the industry’s long-term prospects. Vi was able to adapt its operations, sales and marketing in order to mitigate the impact...

Capital Senior Living To Transfer 18 Properties in Balance Sheet Restructuring

Capital Senior Living (NYSE: CSU) took further actions to improve its financial position during the coronavirus pandemic in the second quarter of 2020. But the moves raise deeper questions about its status as an ongoing concern. Notably, Capital announced in an SEC Form 8-K filing on Thursday that it is in negotiations with Fannie Mae to transfer...

Sabra’s Senior Housing Portfolio Shows Resilience Against Pandemic Pressures

For Sabra Health Care REIT’s (Nasdaq: SBRA) senior housing portfolio, the worst has not come to pass. That is evident in the Irvine, California-based company’s average senior housing occupancy rate, which declined between February and July — but not to a calamitous degree. Sabra’s managed senior housing portfolio, which consists of 47 communities,...

Welltower Sees Senior Housing Progress in Q2, But More Covid-19 Challenges Loom

The outlook for Welltower’s (NYSE: WELL) senior housing properties improved in the second quarter of 2020 — but the company’s leaders aren’t “signaling the all-clear,” either. When the coronavirus pandemic hit earlier this year, much of Welltower’s senior housing operating portfolio (SHO) went on lockdown and many halted move-ins. But as of the...

Healthpeak CEO: Maintaining Blue Chip REIT Status Vital as Covid-19 Persists

Healthpeak Properties’ (NYSE: PEAK) senior housing segment continues to struggle from the impact of Covid-19. But with a full quarter of operations during the outbreak under its belt, there are signs that the health care real estate investment trust (REIT) has entered the management phase of the pandemic. Occupancy declines are slowing on a sequential...

Kayne Anderson Buys 34-Property Medical Office, Senior Housing Portfolio From Welltower

The real estate private equity arm of Kayne Anderson Capital Advisors, Kayne Anderson Real Estate, has completed an acquisition of 34 Welltower properties, including seven senior housing properties in Florida. The portfolio consists of 27 medical office buildings located across the U.S. along with the senior housing communities. An unspecified...

SRG CEO Grust: ‘No-Touch Wellness’ Guides Our Adaptable Reopening Approach

SRG Senior Living came into 2020 with momentum, having raised the bar on its wellness model while pursuing several other innovative initiatives in recent months and years. The Solana Beach, California-based provider is now benefiting from that hard work in its response to Covid-19, Founder and CEO Michael Grust told Senior Housing News. Notably,...

Discover, share and read the best on the web

Subscribe to RSS Feeds, Blogs, Podcasts, Twitter searches, Facebook pages, even Email Newsletters! Get unfiltered news feeds or filter them to your liking.

Get Inoreader
Inoreader - Subscribe to RSS Feeds, Blogs, Podcasts, Twitter searches, Facebook pages, even Email Newsletters!