Senior Lifestyle, Brookdale, LCS Top New J.D. Power Senior Living Rankings

Senior Lifestyle Corp. and Brookdale Senior Living (NYSE: BKD) have high satisfaction among senior living decision-makers, while Life Care Services has satisfied independent living residents, according to the 2020 U.S. Senior Living Satisfaction Study from global marketing information services company J.D. Power. The study, which J.D. Power released today, measured resident satisfaction among the nation’s […]

Ventas CEO: Covid-19 Pressure, Interest from Buyers Will Not Precipitate Senior Housing Exit

Ventas (NYSE: VTR) has repositioned its portfolio in recent years, with a focus on life science and medical office — and now, its senior housing assets are bearing the brunt of negative effects from Covid-19. But, unlike one of its real estate investment trust (REIT) peers, Ventas’ leaders are committed to senior living going forward. […]

Five Star Sees Deep Concessions From Competitors, Resists Discounting

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 […]

Transactions & Financings: Ziegler Closes on $125M HumanGood Package; Diversified Completes $53M Sale

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 […]

Covid-19 Bulletin: Rent Concessions, Agency Staffing Become More Common; Updated Heroes Act Does Not Fund ‘Hero Pay’

Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be periodically updating this bulletin to keep you apprised of developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and your […]

Stabilized Senior Housing Occupancy Falls to 88.7% in April

The coronavirus pandemic sent occupancy rates for senior housing and skilled nursing communities on a downward trajectory in April, according to a new intra-quarterly report released Tuesday by the National Investment Center for Seniors Housing & Care (NIC). Senior housing stabilized occupancy among NIC’s 31 primary markets dropped 110 basis points to 88.7% — the […]

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 […]