The rollout of the COVID-19 vaccine has helped communities reopen and begin occupancy gains, but the road to recovery is likely to be uneven, according to National Health Investors President and CEO Eric Mendelsohn. “We expect that the path to a more normal operating environment will be uneven and is likely to be a multi-year…
Gross move-ins at Enlivant senior living communities in Sabra Health Care REIT’s portfolio hit their highest levels in 18 months in March, according to the Irvine, CA-based real estate investment trust. On a Thursday earnings call, executives also discussed a $1.5 billion investment pipeline, federal funding for senior living, and when occupancy will return to pre-pandemic levels.
As vaccines roll out to the broader population, older adults and their families are growing more comfortable about moving into senior housing, driving up leads, move-ins and occupancy, according to New Senior Investment Group President and CEO Susan Givens.
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.
