Senior Housing Performance Tempers Ventas’ Strong Q2 Earnings

Ventas (NYSE: VTR) continues to deal with the realities of senior housing supply and demand dynamics, even as the company prepares for what it believes will be a reversal of fortune in that segment of its portfolio over the next five years. The Chicago-based health care real estate investment trust (REIT) reported funds from operations […]

Capital Senior Living Shakes Up C-Suite, Operations After Poor Q4 Earnings

In the wake of poor quarterly earnings, Capital Senior Living (NYSE: CSU) assumed full responsibility for its 2018 struggles, made some major changes to its executive team and has made improving its operations and balance sheet an immediate priority. The Dallas-based senior housing operator did not sugar coat its Q4 2018 earnings during a conference […]

Senior Housing Headwinds Temper Ventas’ Q3 Earnings

Ventas’ (NYSE: VTR) senior housing operating portfolio was the outlier in an otherwise rosy Q3 earnings report. The Chicago-based health care real estate investment trust (REIT) reported normalized funds from operations (FFO) of $0.99/share, two cents better than analysts’ forecasts. Ventas posted $936.5 million in revenues in Q3, a 4% increase over last year’s totals. “We continue to […]

Selling Real Estate Floated as Possible Solution for Capital Senior Living

Capital Senior Living’s (NYSE: CSU) only salvation may be in its owned real estate, according to analysts from Stephens and Stifel. On Tuesday, the Dallas-based senior housing provider reported “disappointing” financial results for the second quarter of 2018, as well as a drop in occupancy for consolidated and same communities to 85.5%. Currently, Capital Senior […]

Capital Senior Living Stock Slides Amid Occupancy Concerns

Capital Senior Living’s (NYSE: CSU) share price tumbled more than 18% Wednesday, after the provider posted an occupancy decline in the first quarter of the year. On Tuesday evening, Capital Senior Living announced its Q1 earnings, prompting market-watchers with brokerage and investment firm Stifel to downgrade the stock’s rating from hold to sell. Specifically, the analysts thought CSU’s first-quarter earnings cast doubt […]

Headwinds Batter Senior Housing REITs as 2018 Begins

It’s still early in what analysts had predicted would be an “eventful” earnings season for health care real estate investment trusts (REITs), but several telling themes have emerged in the reports released thus far, and they show a industry under duress. Beyond a harsher-than-normal flu season and concerning levels of new supply, health care REITs—and senior housing REITs, […]

Brookdale Shares Jump on News of HCP Transactions

Brookdale Senior Living’s (NYSE: BKD) share price increased about 7.6% Thursday, following news that the company is pursuing a multi-faceted series of transactions with its longtime landlord, HCP Inc. (NYSE: HCP). Brookdale’s shares rose as high as $11.05 as of mid-day before settling at $10.59 by the time the markets closed. HCP investors also were behind the move, as […]

Brookdale Takeout Chatter Focuses on Valuation, Deal Structures

Many questions have been raised by the rumor that Brookdale Senior Living (NYSE: BKD) is negotiating with the Blackstone Group and other potential buyers over a sale of the company. Perhaps foremost among these questions: What is the value of Brookdale’s real estate, and what deal structures appear most likely? The real estate piece is […]