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 […]
Welltower
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 […]
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 […]
Welltower (NYSE:WELL) is off to a busy start in 2024, carried by momentum ending 2023 and a “torrid” landscape for new investment activity. Mitra on Wednesday outlined the Toledo, Ohio-based real estate investment trust’s “five different growth pillars,” amid favorable demand for senior living, something Mitra said would “only get better” in the coming years. […]
Welltower (NYSE: WELL) notched strong occupancy gains and nearly $3 billion in gross investments in the fourth quarter of 2023, marking one of the company’s most active periods of capital deployment in its history, according to a business update issued on Monday. The Toledo, Ohio-based real estate investment trust (REIT) reported completing $2.8 million in […]
This article is available as part of your SHN+ membership While the end of the year is typically quiet for senior living industry news, one big move caught my eye as 2023 wound down. On Dec. 20, Retirement Unlimited (RUI) announced it is acquiring Brandywine Living, a deal that is set to create an operator […]
After a slower start than many operators had hoped in 2023, the senior living industry is poised to regain pre-pandemic occupancy in 2024 – but many of the pandemic era’s challenges still remain. Challenges for the year ahead include finding ways to grow as new development remains tough, navigating lingering high expenses, staffing communities with […]
(Updated Jan. 3, 2023) A new Washington Post investigation has detailed dozens of incidents where senior living residents have wandered away and died as well as “bare-bones” staffing levels at communities across the country. In one article published over the weekend, the Post examined thousands of cases since 2018 where senior living residents wandered away […]
This was a tough year for the sector, judging by the most-read stories on Senior Housing News. Financial troubles dominated, with Enlivant’s default notice and related negotiations being the most-read story in the last 12 months. The bankruptcy filing of a large CCRC, the troubles at Anthology Senior Living’s parent company, and the closure of […]
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 […]