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.
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates include displaced hotel, restaurant and retail workers.
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.
J.D. Power released the rankings of eight senior living providers as well as insights gleaned from a survey of residents, family members and friends.
Despite a 15% reduction in units over the past year, Brentwood, TN-based Brookdale Senior Living is “still well ahead of the rest of the pack,” holding onto the No. 1 spot on Argentum’s new list of the 140 largest senior living providers, the association said Wednesday.
Brentwood, TN-based Brookdale Senior Living tops the 2019 ASHA 50 list of largest U.S. senior housing operators, and Toledo, OH-based real estate investment trust Welltower tops this year’s ASHA 50 list of largest owners.
