Even as the senior living industry recovers from the Covid-19 pandemic, headwinds from inflation and the lack of further federal aid could force some operators to make tough decisions in the months ahead. Inflation of the cost of goods and services, coupled with the dwindling possibility of more federal relief dollars, have put pressure on […]
Welltower (NYSE: WELL) has expanded its relationship with a handful of operators in its senior housing portfolio, including Oakmont Management Group, Cogir Management and Treplus Communities. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday announced it had agreed to purchase seven senior living communities for a total investment of approximately $344 million, with […]
National Health Investors. (NYSE: NHI) is making steady progress on its efforts to optimize its senior housing portfolio — and while there are still some pieces left to fall, the company’s leaders feel more confident about the road ahead this year. Although the company’s operating partners have some challenges left to work through — made […]
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Real estate investment trust CareTrust (Nasdaq: CTRE) has outlined 32 properties it marked for sale or repurposing — and the “vast majority” of them are senior housing, according to the company’s top executive. “We have a portfolio of skilled nursing facilities that we are selling, and then the rest are all senior housing,” CEO David […]
Brookdale Senior Living (NYSE: BKD) drove occupancy and revenue gains in the first quarter of 2022 — and CEO Cindy Baier believes the company will only build on its momentum in the rest of the year. Giving Baier confidence is the fact that the Brentwood, Tennessee-based senior living operator’s occupancy only dipped 10 basis points […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Firms Partner for Construction at Bronx Senior Living Site Asland Capital Partners and Pembroke Residential Holdings have secured $100 million in financing for development […]
With a new interim CEO leading the company, senior living operator AlerisLife (Nasdaq: ALR) is taking a narrower focus on driving occupancy growth and cutting costs for the year ahead. Current interim president and CEO Jeff Leer took the reins following the recent resignation of former President and CEO Katie Potter. He laid out his […]
The small-house senior living trend is only growing — and a handful of trends are helping to shape how the product type is evolving. Interest in small-home senior living has swelled in recent years and operators and developers have entered the arena with a bevy of new designs and philosophies. Small home senior living gained […]
Welltower Inc. (NYSE: WELL) made a near $5 billion cash offer for Healthcare Realty Trust Inc. (NYSE: HR) that was ultimately rejected by the medical office REIT, according to a new report by the Wall Street Journal. Though its initial bid was rejected, the Toledo, Ohio-based real estate investment trust (REIT) remains interested in a […]