A wall of debt maturities this year and other market conditions has leaders at LTC Properties (NYSE: LTC) feeling good about the year ahead with regard to new investments. “Market fundamentals currently favor REITs, with billions of dollars of financing maturities coming due, interest rates in flux and banks being more selective about their investments,” […]
This article is available as part of your SHN+ membership Earlier this week, Welltower (NYSE: WELL) made headlines by acquiring a 25-property portfolio operated by Affinity Living Communities for nearly $1 billion. The portfolio consists of 3,900 units primarily concentrated in the Pacific Northwest and carries an average age of less than eight years. With […]
A growing number of patients are using Leqembi, a drug used to treat Alzheimer’s, according to maker Biogen (Nasdaq: BIIB). The company cited Alzheimer’s Network registries and noted there were about 3,800 patients on the drug as of last week, representing a 56% increase to that total from December, management noted during Biogen’s fourth-quarter earnings […]
More investors are seeking to increase their exposure to the senior housing industry as M&A deals present themselves in 2024, according to the latest results of an annual survey from JLL Capital Markets. The survey, released Feb. 13, contains responses from more than 100 professionals working in the senior housing and care space. Slightly less […]
This article is available as part of your SHN+ membership Not every senior living operator has a data scientist on staff – LCS has four. On Jan. 1, the Des Moines, Iowa-based senior living company furthered its investments in data analysis and standardization by bringing a new reporting tool online. Also in January, LCS promoted […]
After two years of stronger sales and occupancy growth, Anthem Memory Care’s “financial anxiety” has eased – and now, the company can again “go on the offensive,” according to CEO Isaac Scott. For Scott, going on the offensive means investing in more forward-thinking technology, training, and resources to help the Lake Oswego, Oregon-based memory care […]
This article is available as part of your SHN+ membership With active adult on one side and assisted living on the other, independent living operators have sometimes struggled to define their value proposition to residents. That issue is fresh on the mind of Priority Life Care CEO Sevy Petras. Last summer, real estate investment trust […]
Senior living operators are getting serious about data collection and the middle-market, all while they are redefining operations for a new generation of residents. That’s not to say the industry is only now starting to talk about these topics – for years, I have spoken with senior living leaders who have said that these are […]
This article is available as part of your SHN+ membership The previous year was one of improvement and bolstering weak points for Vitality Living. With a stronger platform in place, the company is looking to further grow in 2024. The senior living operator grew from seven properties to 30 over the last five years. A […]
A committee of the U.S. Senate is slated to hold a hearing soon to study assisted living, a move spurred by a recent Washington Post investigation. The Post revealed on Jan. 16 that Sen. Bob Casey (D-Pa.), chairman of the Senate Special Committee on Aging, is launching a new review of safety within the assisted […]
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