by Steve Monroe | Apr 2, 2024 5:30 pm | 60 Seconds
As many of you know, I like history. And I like looking back in time at our industry. That is how in October 2020 we concluded that we would not get back to pre-pandemic occupancy levels until 2024 to 2025. It was an analysis no one wanted to hear, but the smart ones... Read More »
by Steve Monroe | Mar 28, 2024 3:52 pm | Opinion
The last company in our sector, Sonida Senior Living, finally reported fourth quarter and full-year 2023 earnings, and while pretty good, that was not even the story. The story started four weeks ago. In February, the company announced a series of capital transactions... Read More »
by Steve Monroe | Mar 12, 2024 4:22 pm | Opinion
Chartwell Retirement Residences, the largest operator of seniors housing in Canada, posted a slight 20-basis point decline in census in February, to 85.5%. They are forecasting no drop for March and a 20-basis point rise for April. If that holds, they will escape the... Read More »
by Steve Monroe | Mar 11, 2024 9:31 am | Opinion
We all know that historically the winter months have never been kind to nursing home census. Known as the flu season, occupancy tends to drop in the first quarter by 50 to 100 basis points, if not more. The same has been true for assisted living, especially since... Read More »
by Steve Monroe | Mar 3, 2024 11:25 pm | Uncategorized
After 25 years running Atria Management Company, formerly Atria Senior Living, John Moore has stepped down as Chairman and CEO, but will remain on the Board as well as an advisor to help with a smooth transition. We know he had some health issues a few years ago, and... Read More »