Timothy Schoen, executive vice president and CFO of HCP Inc. (NYSE: HCP), will step down in the coming months, the real estate investment trust (REIT) announced Monday. He will remain at HCP through May 22 to oversee reporting of first quarter earnings and to guarantee a smooth transition of duties, according to a company news […]
HCP Inc.
This coverage of the 2016 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN brings this on-the-spot reporting from the NIC conference, which […]
After a shaky start to the year, investors are not cutting senior housing real estate investment trusts (REITs) any slack. But with significant ups and downs across the stock market in 2016 so far, REITs are starting to see some gains once more amid a mixed economic environment. The big three health care REITs in […]
This week, Senior Housing News readers discovered where and how providers can most effectively target their marketing to drive move-ins, courtesy of CWI Associates. Readers also learned about a rapid recovery center that feels more like a hotel than an institutional care facility, REITs’ oversupply concerns, and a pilot program that led to Brookdale Senior Living […]
Discussion around oversupply in senior housing is nothing new, including back and forth about the reality of the situation. There still is no clear consensus regarding oversupply concerns in the year ahead as health care real estate investment trusts (REITs) report their earnings for the fourth quarter of 2015. Chicago-based Ventas Inc. (NYSE: Ventas) set the stage for […]
It’s the week of Valentine’s Day, when love is celebrated no matter how old you are. We kept you up to date on the latest earnings reports coming out as well as Mainstreet’s vision for the long-term care industry. Meanwhile, readers likely weren’t struck by Cupid’s arrow while diving into the latest construction trends. We […]
Several of the country’s largest health care real estate investment trusts (REITs) and major lenders have offered their support for a new initiative to track and report seniors housing actual rents, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. The initiative makes NIC the first to collect and report such data, […]
Brookdale Senior Living (NYSE: BKD) and HCP, Inc. (NYSE: HCP) both finished 2015 with some positive notes, but set more modest outlooks for investors on Tuesday in the face of challenges ahead. Share prices of the two companies and their peer companies slid in the aftermath of the earnings releases, with Welltower (NYSE: HCN) approaching a 52-week low. […]
An investment management firm that late last year publicly pushed for the sale of Capital Senior Living Corp. (NYSE: CSU) is now putting even more pressure on the company. The firm has gone as far as to suggest a sale to real estate investment trust HCP, Inc. (NYSE: HCP)—or a company like it. In a public […]
HCP Names New General Counsel and Executive Promotions HCP, Inc., one of the “Big Three” health care real estate investment trusts (REITs), has promoted Troy E. McHenry to executive vice president, general counsel and corporate secretary. McHenry will succeed James W. Mercer, who will retire Feb. 5. but will provide consoling services through the end […]