This week on Senior Housing News, readers explored the various ways that the “Big Three” senior housing REITs are taking aim at the hospital system. They also learned the truth about oversupply risks in certain markets and discovered how power players can successfully expand into new regions. Here in the newsroom, we’re melting over Boggles, the 2-year-old Chihuahua who visits a Brookdale Senior Living Community in Destin, Florida, each week to play and snuggle with the residents as a certified therapy dog.
Largest Senior Housing REITs Pencil Out Divergent Hospital Plays—A year of record transaction volume in the senior living space has the “Big Three” senior housing REITs targeting a different asset class—the hospital system. Their approaches vary greatly, however, and SHN connected with leaders from the REITs to discus what their new focus means for senior housing.
The Truth Behind Senior Housing ‘Supply Surges’—Conversations in the senior living sector consistently center on oversupply concerns lately, but a longer-term analysis of some metro areas has revealed some surprising trends regarding markets with shakier reputations.
How American House is Outgrowing ‘Regional Power Player’ Label—Once a provider establishes itself as a staple in a certain senior housing market, how can it successfully expand into a new region? American House is newly qualified to answer that question, as it stretches its footprint from Michigan to toe the Florida market.
REITs Promise Shelter in a Stormy Market—A recently released Fitch Ratings report depicts an uptick in the number of REITs planning stock buybacks in the next few months to support their beaten-down prices. In fact, at least 28 REITs discussed plans to repurchase shares during second-quarter earnings calls, and the New York Times delves into what this might mean.
Dog Lends Helping Paw to Residents of Senior Living Facility—Meet Boggles, the 2-year-old Chihuahua that heads to a Brookdale Senior Living community in Destin, Florida every week with her owner, Katherine Ruffel. Boggles regularly visits the community’s Clare Bridge unit, where Alzheimer’s and dementia patients live.
Written by Kourtney Liepelt