New Senior Investment Group will transition the management of 21 senior living communities in its 103-community portfolio from Holiday Retirement to Atria Senior Living in an effort to diversify the operator mix in its portfolio, President and CEO Susan Givens announced Thursday during the real estate investment trust’s fourth-quarter and full-year 2020 earnings call.
Sabra Health Care REIT will make a decision about its joint venture with TPG Real Estate, through which it has a 49% stake in a portfolio of dozens of Enlivant senior living communities, later this year, Sabra Chairman, President and CEO Rick Matros said Tuesday during the Irvine, CA-based real estate investment trust’s fourth-quarter and full-year 2020 earnings call. Enlivant had a “challenging” fourth quarter due to the pandemic.
As with all things in senior living this year, the coronavirus influenced employee perceptions of their employers, and in turn, senior living organizations’ rankings in Fortune’s third annual lists of Best Workplaces for Aging Services, released Thursday by Fortune and Great Place to Work.
Baltimore-based Brightview Senior Living and Taylorsville, UT-based Summit Vista top Fortune’s lists of Best Workplaces for Aging Services for 2020, Fortune and Great Place to Work announced this morning. The lists include 20 large and 20 small to medium-sized senior living and care organizations.
COVID-19 is exhausting. That was the consensus of speakers focusing on issues related to the senior living workforce during the 2020 National Investment Center for Seniors Housing & Care Fall Conference, which is being held virtually this week and next.
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest owner of senior living communities on a companion list. The annual rankings were released Wednesday.
Argentum’s 2020 Largest Providers Report list increased by 10 this year to include data on 150 senior living providers.
Murfreesboro, TN-based National Health Investors said Friday that it had collected 96.9% of its contractual rent in July. The remaining 3.1% has been deferred or uncollected. That’s compared with a 99.4% collection rate in June and 100% in May and April.
As with other senior housing operators and real estate investment trusts with senior housing properties, National Health Investors reported that COVID-19 has presented challenges to its business, but positive cases among residents remain at less than 1% across its portfolio, executives reported Tuesday during a first-quarter earnings call.
Similar to other senior living operators and real estate investment trusts with senior housing portfolios, Ventas is reporting some pretty grim numbers for the first quarter and the part of the second quarter that has passed. The company hopes that new testing and rent deferral programs will help operators, however.
