by Steve Monroe | Aug 15, 2023 4:58 pm | Developments
Just like for almost everyone else, Sonida Senior Living had some good news to report for the second quarter as well as some areas that did not improve as much as maybe expected. But progress is being made to achieve stabilized occupancy, cash flow and operating... Read More »
by Steve Monroe | Aug 11, 2023 4:14 pm | Developments
All we can say is that Sabra Health Care REIT is fortunate to have gotten out of its joint venture with TPG and the former Enlivant portfolio. TPG bought those assets at a very low per-unit price, and Sabra bought its 49% interest from them at a very high per-unit... Read More »
by Steve Monroe | Aug 11, 2023 4:13 pm | Developments
Chartwell Retirement Residences, the largest operator of seniors housing in Canada, serving more than 25,000 residents in four provinces, posted a net loss in the second quarter, but same-community occupancy increased by 180 basis points year over year to 79.2%. The... Read More »
by Steve Monroe | Aug 10, 2023 4:16 pm | Developments
National Health Investors turned in a mixed second quarter but appears to see more tailwinds than headwinds as it approaches 2024. They are not out of the woods with some of their providers yet, and deferrals are still a bit of a problem, but census levels are rising,... Read More »
by Steve Monroe | Aug 10, 2023 4:08 pm | Developments
The former President and CEO of NIC, Brian Jurutka, will be taking his seniors housing knowledge and talents to IMA Financial Group, a Denver-based insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management. IMA is... Read More »