This article is available as part of your SHN+ membership In recent years, deep-pocketed companies, mainly REITs, have put considerable capital behind plans to reshape how senior living owners and operators work together. Yesterday, I caught wind of another such company: SPHERE (Strategic Public Health Equities and Real Estate) Investments. The investor – which has […]
Ventas
Ventas (NYSE: VTR) has appointed two people to the company’s board of directors in connection with a new cooperation agreement with activist investor Land & Buildings. On Monday, the Chicago-based real estate investment trust (REIT) named Theodore Bigman and Joe V. Rodriguez, Jr. as new directors on its board. Bigman is slated to sit on […]
This article is available as part of your SHN+ membership Industry heavyweights Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Brookdale (NYSE: BKD) have now reported their Q423 and full-year results, and some themes and trends have emerged. The news is generally positive for the state of the industry, with leaders from all three companies zeroing […]
Ventas (NYSE: VTR) is gearing up for an active investment year ahead, with a “line of sight” on more than $300 million of senior housing deals this year, according to CEO Debra Cafaro. Last year, the Chicago-based real estate investment trust (REIT) raised more than $4 billion amid what Cafaro called “the most favorable supply […]
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 […]
A new year always brings new challenges and opportunities. In 2024, the senior living industry will have plenty of both. The senior living sector endured a hard year in 2023, starting with multiple stories of operators shutting down or in distress, and ending with assisted living being slammed in the recent Washington Post series. But […]
This story is available as part of your SHN+ membership Senior living operators are especially optimistic about the prospect of further occupancy growth in the coming year, at least according to their public comments. But as promising as 2024 seems, I think senior living operators still have a substantial hill left to climb and therefore […]
This content is available as part of your SHN+ membership Third quarter earnings calls highlighted the pain to be inflicted by “higher for longer” interest rates, but the calls also revealed positive trends related to the improving operating environment for senior living. In particular, leaders with Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Brookdale (NYSE: […]
This content is available as part of your SHN+ subscription We might be entering a golden age for senior housing REITs, judging by what the top leaders of Welltower (NYSE: WELL) and Ventas (NYSE: VTR) had to say during their companies’ most recent earnings calls. The senior living industry is entering a new period of […]
This content is available as part of your SHN+ subscription This economic cycle is going to feel like a “slow-moving train wreck.” Shankh Mitra, CEO of Welltower (NYSE: WELL), said that last week at the National Investment Center for Seniors Housing & Care (NIC) Fall Conference in Chicago. And his comments were reinforced the next […]