• Ventas Posts Strong 2025 Results and Continues SHOP Momentum

    One of the big REITs, Ventas, reported its fourth quarter and full-year 2025 results, and its activity was impressive, with the company continuing to outperform many of its peers. A full comparison will have to wait for Welltower’s earnings release, but Ventas nonetheless posted a strong year.  In the fourth quarter, Ventas’ U.S. portfolio... Read More »
  • Ensign Delivers Strong Q4 and Full-Year 2025 Results

    The Ensign Group posted a strong fourth quarter and full-year 2025. The company reported that FFO was $75.2 million for 2025, an increase of 28.3% over 2024, and $20.4 million for the quarter, an increase of 33.9% over the prior year quarter. Same facilities and transitioning facilities occupancy for the year were 82.9% and 84.2%, increases of... Read More »
  • Omega Reports Continued Momentum

    Omega Healthcare Investors announced its fourth quarter and full-year 2025 results, completing approximately $334 million in fourth quarter investments, which consisted of $52 million in real estate acquisitions, $16 million in real estate loans and $266 million in unconsolidated entities. In 2025 Omega completed $1.1 billion in new investments,... Read More »
  • Senior Lifestyle Recapitalizes Two Communities

    Senior Lifestyle participated with its capital partners in the recapitalization of North Shore Place in Northbrook, Illinois, and The Sheridan at Eastside in Snellville, Georgia. Both communities were developed by Senior Lifestyle and will continue to be operated by the company following the transaction. North Shore Place is a 188-unit assisted... Read More »
  • Berkadia Announces 2025 Activity and Latest Deal

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »
Let’s Talk About Higher Wages

Let’s Talk About Higher Wages

To succeed this decade, seniors housing and care will have to deal with its wage structure in order to succeed. The title today, Let’s Talk About Higher Wages, was actually the title of last Sunday’s editorial in The New York Times. As many of you know by now, there is not much I agree with in The Times, because of its liberal bias in general, and its frequent attacks on nursing homes.  While the editorial was more from a policy perspective, believing that higher wages will drive economic growth, I still believe labor and wages will be “the” key issue moving forward in our sector, post-pandemic, of course. I keep hearing of staffing shortages in our sector, and this at a time when... Read More »
An Interview with Hamilton Insurance

An Interview with Hamilton Insurance

Nearly 20 years ago, the insurance industry faced a major crisis as many insurers removed themselves from the general liability market, leaving providers naked from a coverage perspective. As a result, entire portfolios were sold off due to overpriced liability coverage and its lack of availability.   We sat down with Keith Parnell and Jason Zuccari of Hamilton Insurance Agency to discuss the state of the market as the pandemic looms over the country. Hamilton is a family-owned operation and one of the nation’s largest independent insurance brokerage firms that has specialized in the senior housing and long-term care space for more than 40... Read More »
Let’s Talk About Higher Wages

Being Thankful In A Bummer Year

With a pandemic and too many other problems, it is hard to be thankful at the end of 2020. But there are reasons to be. There is no question, it has been a bummer of a year on many fronts. Without trying to be too cute, however, there are many things to be thankful for in this year of trauma. First of all, if you are reading this, you are alive, and presumably well, so that is a good start. You are not in a hospital on a ventilator at death’s door where far too many have been this year. You still have a job when so many are without.  Hopefully, you have not lost a family member to COVID, or a close friend, which we can be thankful for. But I am sure many of you have lost residents and... Read More »
Senior Care Stocks Stay High After Vaccine News

Senior Care Stocks Stay High After Vaccine News

After Pfizer’s vaccine announcement on November 9, pretty much every publicly traded senior care provider and REIT saw their share prices jump significantly. We believe that much of the exuberance was mainly from the removal of uncertainty surrounding both the vaccine and the election, but as we said earlier this month, it is not like no one thought a vaccine would not be available in the months ahead. And there was still the fact that the Pfizer vaccine needs to go through the FDA approval process, not to mention manufacturing tens of millions of doses, and then distributing them.  But we also wondered if investors had gotten a little ahead of themselves,... Read More »
The New Skilled Nursing Investment Landscape

The New Skilled Nursing Investment Landscape

How have skilled nursing valuations changed, and when (if ever) will we get back to normal? Those were a couple of key questions in our November 19th webinar titled “Valuing SNFs During The Pandemic.” Our Managing Editor, Steve Monroe, hosted a panel with panelists Laca Wong-Hammond, Managing Director of M&A at Lument, Dan Booth, Chief Operating Officer of Omega Healthcare Investors, and David Reis, Chief Executive Officer of Senior Care Development, in which they discussed a range of topics on how the skilled nursing M&A market has been affected by COVID-19. Another question may be how has the business not changed?  First, looking... Read More »
Let’s Talk About Higher Wages

Where Are The Gray Panthers?

Seniors in and out of seniors housing communities need to mobilize, and AARP has not been doing its job representing their members. Where are the Gray Panthers when you need them? Many of you may not remember this 1970s activist group that got its start when someone really objected to forced retirement at 65. This was a full 50 years ago today. As winter approaches and senior living providers prepare for another round of potential shutdowns, lockdowns, admission and tour bans because this pandemic is not going away, when will our senior citizens rise up and revolt? Senior living communities are “their” homes, and it is about time they stood up and said, hands off our homes. Yes, we... Read More »