Atria Senior Living is taking over management of 21 independent living communities owned by real estate investment trust (REIT) New Senior Investment Group (NYSE: SNR). The portfolio marks the U.S. debut of the Atria Retirement brand, which up to this point has operated in Canada as Atria Retirement Canada. The portfolio previously was managed by […]
The fourth quarter of 2020 brought more disruptions for National Health Investors’ (NYSE: NHI) senior housing tenants, but the company’s leaders are cautiously optimistic that better months are ahead. Recent positive trends in sales leads and vaccination rates, coupled with the prospect of more federal support for senior living providers this year, have given the […]
When the first doses of the Covid-19 vaccine arrived in senior living communities late last year, residents rolled up their sleeves with gusto. But the same was not true for the industry’s workers. And that has not changed in the roughly two months since then, according to a recent National Investment Center for Seniors Housing […]
In late December, many senior living providers began holding or scheduling their first vaccine clinics. But for most of Holiday Retirement’s senior living communities, that wasn’t the case. With 252 independent living communities and seven assisted living communities across the U.S., the Winter Park, Florida-based operator is among the largest in the country, and No. […]
Brightview Senior Living and Summit Vista are the top workplaces in senior living for employee satisfaction, according to this year’s Best Workplaces in Aging Services list. Baltimore-based Brightview, which operates a portfolio of 42 communities, took the No. 1 spot among large providers for the second year in a row; while Summit Vista, a life […]
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 […]
The coronavirus pandemic has challenged senior living providers like perhaps never before — but it’s also given them a chance to reinvent the way they’re recruiting and retaining employees. Put another way, the pandemic and all of its pressures have acted almost as an “unscheduled audit,” according to Lilly Donohue, CEO of Winter Park, Florida-based […]
National Health Investors (NYSE: NHI) was not immune to the Covid-related pressures that other health care real estate investment trusts (REIT) have grappled with since mid-March. Occupancy rates decreased significantly in April, leads are in decline, tours are at a standstill and move-ins have slowed across its roster of senior housing operators. And while rent […]
New Senior Investment Group (NYSE: SNR) saw Covid-related occupancy declines in its senior housing assets in the first quarter of 2019. Compared to other publicly traded owners, however, recent moves such as its $385 million sale of 26 assisted living communities to ReNew REIT and Merrill Gardens allowed it to mitigate the extent of the […]
Senior housing has so far managed to weather Covid-19 better than some feared, according to Rick Matros, CEO of Irvine, California-based Sabra Health Care REIT (Nasdaq: SBRA). However, he emphasizes that more testing is needed to keep the senior housing communities safe and secure — particularly because Covid-19 has spread through Sabra’s buildings in odd […]