Earlier this spring, I received a LinkedIn message related to the future of the TPG/Sabra Healthcare REIT (Nasdaq: SBRA) joint venture senior living portfolio, operated by Enlivant. The message was from a relative of a resident, sharing a letter stating that a new operator would soon be taking over. I eventually learned the future operator […]
Federal Reserve
Average senior living occupancy grew 90 basis points to 81.4% in the second quarter of 2022, representing the fourth consecutive quarter for census growth in the industry. That’s according to new quarterly occupancy data from NIC MAP Vision. The data — released Thursday — shows that although the industry has not fully recovered from its […]
This past week, Senior Housing News kept readers in the know about be.group’s anti-turnover efforts and how interest rate hikes might impact senior living next year. We also parsed out which cocktails are most popular in senior living—and wished we could regularly take part in some senior living communities’ happy hours. Most Read Dished: Most […]
As expected, the Federal Reserve updated its policy to effectively raise short-term interest rates Tuesday, and said it will impose as many as three rate hikes in 2017. Senior housing real estate investment trusts (REITs) saw swift losses, despite the decision coming as no surprise. Fortunately, the impact of the announcement is unlikely to negatively impact […]
After 2016 got off to a slow start in terms of transaction volume, industry experts are seeing more stability in deal flow and expect sustained interest in the senior housing sector. And following the most recent Federal Reserve meeting on Wednesday, a steadier interest rate environment and less jumpiness from investors may lead to more confidence […]
As the stock market rallied around the news that the Federal Reserve would refrain from raising its benchmark interest rate in March, the senior housing industry saw some immediate short-term gains but remained in the midst of a shifting environment. The Central Bank’s Federal Open Market Committee (FOMC) announced it would not raise interest rates […]
Those waiting on bated breath for interest rates to rise finally got an answer Wednesday after the Federal Reserve announced it would aim to increase its benchmark interest rate, potentially cooling down a hot senior housing market. The historic move is a positive sign for the economy—which the Central Bank has deemed strong enough to […]
This week, SHN readers caught up on one of the biggest industry acquisitions as of late and were eager to learn more about the implications for REITs following the news that the Federal Reserve would not change its policies to raise target interest rates. Other top stories of interest involved a new entrant to the senior […]
While some senior housing options can be costly — nursing home care costing upward of $10,000 to $15,000 a month — 25% of Americans admit they don’t know how they will pay their expenses in retirement, a Federal Reserve report suggests. The report is part of a broader study of the economic well-being of U.S. households and […]
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