Healthpeak Does Not Expect Discounts to Drive Occupancy in Covid-19 Recovery

The Covid-19 pandemic has slowed move-ins for many companies in the senior living industry, including large real estate investment trusts. But for Healthpeak Properties, (NYSE: PEAK) the needle is moving in the right direction, at least for now. Roughly one month ago, around half of the Irvine, California-based health care REIT’s senior housing communities were […]

Front Porch and Covia to Affiliate, Creating 54-Community Organization

Two California-based senior housing nonprofits, Front Porch and Covia, have agreed to affiliate with one another. The two organizations’ boards of directors voted to affiliate on June 1. The affiliation would create a combined organization with 54 senior housing communities. Front Porch was ranked no. 22 in total unit count in the latest LeadingAge Ziegler […]

3 Top Senior Living Redevelopment Opportunities After Covid-19

The coronavirus pandemic is sparking concerns of a real estate collapse that could surpass the one associated with the 2008 recession. But senior housing could prove resilient, and new opportunities for development could arise as other property types become increasingly beleaguered. No asset class has been left unscathed by Covid-19, but product types that rely […]

Aegis, Sabra, New Perspective Adapt Strategies for Covid-19 Paradigm Shifts

When will the Covid-19 pandemic end? Not anytime soon, according to the leaders behind Aegis Living, New Perspective and Sabra Healthcare REIT (Nasdaq: SBRA). All three companies are making preparations now to position their companies to weather the pandemic for the next 24 to 36 months. For instance, Aegis has formed a “virus council” made […]

Covid-19 Testing Mandates For Assisted Living Raise Questions About Access, Cost

As more states are now mandating that assisted living facilities test either residents, staff or both for Covid-19, providers that have been asking for widespread testing for weeks are now faced with logistical challenges and unanswered questions. This highlights the need for best practices and guidelines if testing mandates are going to become more commonplace, […]

KT Urban, Related, Atria To Create Silicon Valley Senior Housing With Affordable Component

Real estate developer KT Urban is partnering with Related Companies and Atria Senior Living to bring a mixed-use project to Cupertino, California. Plans for the Westport Cupertino project call for 88 townhomes and 206 senior living units, KT Urban Partner Shawn Milligan told Senior Housing News. The project also will involve a 20,000-square-foot retail component, […]

Changemakers: Dwayne Clark, Founder and CEO of Aegis Living

Don’t ask Dwayne Clark for his top 10 U.S. senior living operators doing exciting work. No such list exists. “If you gave me $500 million and said, ‘Dwayne, I need you to go find 10 operators in the United States — build communities and have 10 operators in various geographic locations, operators that you feel […]