Healthpeak Properties - McKnight's Senior Living

Healthpeak Properties

Business briefs for Wednesday, June 10

Healthpeak offers to buy $250M of 4.250% senior notes due 2023, and prices $600 million of 2.875% senior unsecured notes due 2031 … Argentum announces inaugural cohort for its senior living leadership development program … McShane Construction Company completes construction of Illinois senior living community … Monticello provides $2.5M in working capital financing for SNFs in Kentucky and North Carolina … Elevation acquires, rehabilitates Memphis affordable senior living community

Business briefs for Thursday, April 23

Healthpeak sells West Palm Beach, FL, senior housing facility at huge discount … Genesis Healthcare founder dies of coronavirus … NIC founder Bob Kramer launches senior advisory services firm … CareTrust REIT to hold annual meeting virtually

men carrying moving boxes

Healthpeak: Seniors housing move-ins down 41% from February

In response to COVID-19 protocols, sheltering in place and reduced in-person tours, the rate of move-ins within Healthpeak Properties’ seniors housing and continuing care retirement community portfolio declined by 41% since February, and 50% in the past year. That’s according to an investor presentation released Tuesday about the ongoing impact of COVID-19 on the firm.

Next post in Business Daily News