Life Plan Communities Face Risks After Withstanding Early Covid-19 Pressures

Nonprofit life plan communities — particularly those with stronger credit ratings — have done an effective job of keeping Covid-19 at bay and are withstanding immediate financial pressures. However, the sector as a whole still faces numerous challenges and uncertainties as the pandemic drags on. This was the message delivered Tuesday by Fitch Ratings, in […]

Inside Atria Senior Living’s Covid-19 Response

With more than 180 communities across the United States — including many in the hard-hit New York City metropolitan area — Atria Senior Living has had to get creative to develop and execute a large-scale Covid-19 response. There have been lessons learned along the way, but the Louisville, Kentucky-based company has hit on innovative approaches […]

Welltower: Occupancy Could Drop 6% in Q2, Senior Housing Still Key To Future of Health Care

Welltower’s (NYSE: WELL) senior housing portfolio took a substantial hit to occupancy between March and May as the Covid-19 pandemic dragged on — but the company believes the worst still is yet to come on that front. Occupancy for the Toledo, Ohio-based company’s senior housing operating (SHO) portfolio fell by 70 basis points in March […]

Five Star’s Sales Leads Drop 50% in April, More Deterioration Expected

As with other publicly traded operators, Five Star Senior Living (Nasdaq: FVE) did not escape the first quarter of 2019 unscathed by the coronavirus pandemic. Five Star entered 2020 with 82 newly hired executive directors and a new operational agreement with its primary landlord, Diversified Healthcare Trust (Nasdaq: DHC), and both companies were focused on […]

Senior Housing Sales Inquiries Down 41% in April, But Good Signs for Independent Living

Compared to April 2019, consumer inquiries into senior living communities decreased 41% last month, and move-ins were down 22%. That’s according to data from more than 2,200 communities, compiled and analyzed by Enquire, a company that offers customer relationship management, marketing automation and contact center solutions to the industry. The numbers help quantify the stark […]