by Steve Monroe | Aug 6, 2021 9:13 am | Opinion
The one thing that has been beneficial about COVID is the enhanced reporting by the public companies. By the time they release quarterly earnings results, they have already been issuing monthly updates, mostly on occupancy, so there is rarely much of a surprise. Such... Read More »
by Steve Monroe | Jul 27, 2021 4:02 pm | Financings
Sometimes to get a deal done you have to get creative and be flexible. It appears that was the case for a recent sale of a 55-unit assisted living and memory care community located in Utah. Of the total, 42 units are assisted living and 13 are memory care. Even though... Read More »
by Steve Monroe | Jul 27, 2021 2:52 pm | 60 Seconds
Just when we thought we were emerging from the pandemic crisis, the news seems to be getting worse about this Delta variant. The good news, at least for seniors housing providers, is that it is a much younger population that is getting hit, not senior care residents... Read More »
by Steve Monroe | Jul 23, 2021 9:14 am | Acquisitions
If you believe that the worst of the pandemic is behind us, and that after all the distress of the past 15 months opportunity abounds, then you want to be an investor in seniors housing. That is just part of the thinking of the partners in a new $300 million... Read More »
by Steve Monroe | Jul 23, 2021 9:07 am | Opinion
It isn’t often that a company gets to report good news on two different fronts on the same day, especially in this environment. Capital Senior Living announced that June occupancy reached an average of 79.1%, up 380 basis points from its pandemic low of... Read More »