This story is part of your SHN+ subscription Publicly traded senior living companies are readying vast sums to deploy in new growth ventures in 2024 and beyond. CEOs with companies including Welltower (NYSE: WELL), Ventas (NYSE: VTR) and National Health Investors (NYSE: NHI) laid out their companies’ respective plans and strategies during earnings calls in […]
Ventas
This story is part of your SHN+ subscription Last year, operators and properties, particularly in rural and tertiary markets, faced “death spirals” of stagnant occupancy and rising expenses. In 2024, conditions behind that trend have not abated, and some of those properties are now being snatched up by well-capitalized players. In the meantime, there has […]
Priority Life Care is launching a new fund to accelerate its growth, with a new chief investment officer leading the effort. The company is spinning up a new $10 million fund to attract and fuel co-investment in senior living acquisitions, according to CEO Sevy Petras. To manage the effort, the Fort Wayne, Indiana-based senior living […]
With improvements and growth underway among operating partners, leaders with Ventas (NYSE: VTR) are now looking to further expand the footprint and bolster the value of the company’s senior housing portfolio. The company’s senior housing operating portfolio (SHOP) now carries an average occupancy rate of 84%, which is 8 percentage points below the segment’s peak […]
Sinceri Senior Living has grown its national footprint to more than 80 communities by taking over seven communities recently acquired by Ventas (NYSE: VTR), with more expansion on the way soon. Ventas acquired the Magnolia Springs communities for $143 million and assigned Sinceri as the operator, the Chicago-based real estate investment trust (REIT) previously noted […]
Ventas (NYSE: VTR) has a runway for growth in North America and the U.K. – but opportunities to expand in the U.S. are “exceptional right now,” according to CEO Debra Cafaro. “This is one the first times in my career where I’ve seen high going-in cash yields on quality assets in good markets that also […]
This article is part of your SHN+ membership Last week, Brookdale Senior Living (NYSE: BKD) reported that the company had reached its highest operating margins since the pandemic began. The company’s adjusted operating margin was 27.6% as of the first quarter of the year, which is higher than the 25.6% operating margin the company reported […]
This article is part of your SHN+ membership The need to improve operations is driving all that senior living operators do as they pivot to the offensive. One big pressure point is the need to do more with less. In 2024, operators are living that mantra in a variety of ways, from maintaining staffing expenditures […]
Ventas (NYSE: VTR) is looking ahead with a pipeline full of potential acquisitions in senior living after a strong quarter for its senior housing operating portfolio. Strong supply-demand dynamics have pushed occupancy gains higher for the Chicago-based real estate investment trust’s (REIT) senior housing operating portfolio (SHOP), which includes 570 properties. Move-ins across the segment […]
This article is available as part of your SHN+ membership In recent years, deep-pocketed companies, mainly REITs, have put considerable capital behind plans to reshape how senior living owners and operators work together. Yesterday, I caught wind of another such company: SPHERE (Strategic Public Health Equities and Real Estate) Investments. The investor – which has […]
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