by Steve Monroe | Jun 29, 2022 8:54 am | Uncategorized |
We are now halfway through 2022, and 15 months into the post-pandemic recovery. But with interest rates and inflation rising, there could be new headwinds to a full recovery. Speaking of full recovery, most of the talk has been about getting back to pre-pandemic... Read More »
by Steve Monroe | Jun 10, 2022 10:17 am | Uncategorized |
Brookdale Senior Living just reported that its May weighted average occupancy increased by 70 basis points from April, to 74.6%. Even better, month-end occupancy in May increased by 90 basis points in May compared with the end of April, hitting 76.2% at the end of... Read More »
by Steve Monroe | Jun 1, 2022 10:35 am | Acquisitions |
Stand-alone memory care communities were much maligned several years ago, partly because too many of them were built, and partly just because you said you were a memory care operator didn’t mean that you knew what you were doing (we can just see Loren Shook nodding in... Read More »
by Steve Monroe | May 11, 2022 11:32 am | Opinion |
Everyone tries to put a good face on their performance, whether it has been average or well above average. But Shankh Mitra, CEO of Welltower, was practically exuberant on the REIT’s recent performance and its future growth and prospects. It certainly helped that... Read More »
by Steve Monroe | May 9, 2022 1:16 am | Acquisitions |
So, how do you sell an underperforming, over-leveraged community that is in receivership and was originally built in 1965. That is a tough one, but it did help that Priority Life Care was the court-appointed receiver and manager effective about the end of 2020. This... Read More »
