by Steve Monroe | Feb 22, 2023 10:57 am | Statistics
We were hoping that maybe, just maybe, Brookdale Senior Living would post a “breakout” fourth quarter earnings report. They didn’t. But the alternative, a negative surprise, did not happen either. Phew. We have to hand it to CEO Cindy Baier, who always sounds so... Read More »
by Steve Monroe | Feb 19, 2023 10:33 pm | Statistics
LTC Properties reported fourth quarter and full year 2022 earnings, and other than the large new joint venture (previously announced), the big news was that tenant Anthem repaid $1.5 million of temporary rent reduction and paid $900,000 of monthly rent in the fourth... Read More »
by Steve Monroe | Feb 17, 2023 9:33 am | Statistics
Following fourth quarter earnings from Ventas, Welltower also posted solid gains in its SHOP portfolio, both sequentially and year over year. On a same-community basis, Welltower’s 654 communities posted a 20-basis point sequential increase in occupancy and a... Read More »
by Steve Monroe | Feb 15, 2023 9:52 am | Opinion
The Biden administration is at it again. While he had just a passing reference to skilled nursing in his State of the Union address, Joe Biden is back at it now. They are continuing with the mantra that after private equity firms buy nursing homes, the mortality rate... Read More »
by Steve Monroe | Feb 10, 2023 10:20 am | Opinion
Ventas just released its fourth quarter earnings as well as full-year 2022, and its seniors housing portfolio is looking up. Year-over-year same-community performance improved in all categories. Average occupancy increased by 140 basis points to 82.5%. While this is... Read More »