Senior housing investors and operators can anticipate several changes that will affect the industry as a result of the 2020 U.S. elections. Democratic President-Elect Joe Biden has floated proposals including a major investment in home care, changes to real estate programs and policies, and pledges related to the caregiver workforce. The incoming administration also may […]
Senior living owners and operators are eager for a Covid-19 vaccine, but leaders with Sabra Health Care REIT (Nasdaq: SBRA) believe that operations can largely normalize without a vaccine — as long as rapid testing is widely available. Sabra CEO Rick Matros is hopeful but skeptical that a vaccine can be distributed in senior housing […]
Capital Senior Living (NYSE: CSU) experienced an uptick in move-outs during the third quarter of 2020, but CEO Kim Lody believes that the factors at play are temporary. “In Q3, as certain markets across the United States experienced escalating Covid-19 cases, the level of move-outs attributable to home- or self-care increased in our portfolio,” she […]
Leaders with Five Star Senior Living (Nasdaq: FVE) are focused on maintaining rental rates in the face of steep concessions that competitors are offering in some markets, as they seek to rebuild occupancy that has eroded due to Covid-19. The strategy to prioritize rate over occupancy could weigh on near-term results for Diversified Healthcare Trust […]
With the U.S. Presidential election still up in the air on Wednesday, the future direction of public policies that would affect senior living remained uncertain. But regardless of who ultimately wins the White House, tighter federal oversight and regulation of the industry appears likely. “In the months and years to come, we anticipate additional scrutiny […]
Entrepreneur Shelly Sun built BrightStar Care into one of the largest home care providers in the United States, and Covid-19 has made her even more bullish on her company’s growing, franchise-based model of senior living. Specifically, she believes that BrightStar Senior Living is meeting the moment by blending efficiencies of scale with a highly personalized […]
Sales and operator transitions Diversified Healthcare Trust completes 4-property, $53M sale Diversified Healthcare Trust (Nasdaq: DHC) completed a previously announced sale of four properties for a combined $43 million. The disposition includes three senior living communities with a combined 239 units located in Washington and Montana for $46 million. These sales were part of a […]
Since the rise of the Covid-19 pandemic in the spring of 2020, senior living providers have understandably been focused on risks related to the coronavirus. But, existing issues have not gone away, and providers are well-advised to make sure they are acing “risk management 101” in this new and challenging operating environment. That’s a key […]
Throughout the Covid-19 pandemic, Atria Senior Living CEO John Moore has said that the company will be stronger in the future thanks to lessons learned and innovations developed during this challenging period. Now, the company is unveiling Atria Newport Beach — touting the community as its “most pandemic-ready” to date and a glimpse of what […]
Real estate investment trust LTC Properties (NYSE: LTC) is trying to think and act “outside the REIT box” as Covid-19 continues to pressure its operators, with efforts such as a Smart Design initiative to modernize communities. Meanwhile, the Westlake Village, California-based company continues to work through challenges with some tenants, notably Senior Lifestyle. In the […]
