Good News from Brookdale and Capital Senior Living

Finally, we have had some good news from the two largest publicly traded senior living companies, Brookdale Senior Living and Capital Senior Living. Let’s just say, it has been a long time coming. Capital Senior Living reported a sequential increase in occupancy of 30 basis points in the third quarter, an increase that was continuing […]

Senior Care Stocks Remain in Doldrums

Seniors housing and care stocks remain in the dumps. There has been no Trump bump for them, as the rest of the market is up 16% since the beginning of this year. We should be only half as lucky. One would think that the skilled nursing dominated companies would have been the hardest hit, given […]

Seniors Housing Occupancy Weakens

NIC announced their second quarter occupancy and development trends, and unfortunately it was not pretty. After a first quarter which suffered from the ubiquitous flu season census declines, we had expected, at worst, a small sequential decline in the second quarter, but perhaps a small 10 to 20 basis point uptick, maybe even better. For […]

Pensacola purchase

Following up on its $1.45 billion in total closings for 2015, HFF recently closed another sale. Representing the seller, a private San Diego-based owner/operator, Ryan Maconachy and Chad Lavender of HFF sold a 95-unit assisted living community (built in 1988) and an 84-unit memory care community (built in 1997 and 2006), both located in Pensacola, […]

Senior Care Prospects Dimming With Investors

Investors are selling senior care stocks, and perhaps because occupancy is in a rut with increasing construction starts. So, what are we to make of the dismal start of the New Year? Investors have hammered away at senior care stocks, and it has been ugly. On Monday, Brookdale Senior Living, Capital Senior Living, Genesis Healthcare […]