LTC Properties - McKnight's Senior Living

LTC Properties

Avenue Development launches smart design program at two Ignite post-acute properties, financed by LTC Properties

In an effort to create a safer physical environment for residents and staff members amid the COVID-19 pandemic, healthcare and senior living real estate developer Avenue Development and post-acute provider Ignite Medical Resorts have launched a smart design program at two Ignite Medical Resorts properties in Kansas City, MO.

SNF investors focus on needs-based model, expect census return by mid-2022

Amid the all-too-frequent headlines of “nursing home deaths,” federal and state deficits, increased competition from home health agencies and historic low occupancy levels while wage pressures continue, some may be wondering how the nursing home industry will emerge from the pandemic. Yet, despite the challenges of the last year, many investors continue to see opportunity in the skilled nursing sector, according to speakers Wednesday at a National Investment Center for Seniors Housing & Care “Leadership Huddle” webinar.

Wendy Simpson headshot

Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations

Aided by better-than-anticipated rent collection in the fourth quarter, real estate investment trust LTC Properties beat the expectations of analysts, reporting funds from operations of 78 cents per share. Yet although the Westlake Village, CA-based REIT believes that the industry census is close to or has hit bottom, challenges still remain.

senior living resident gets vaccinated against COVID-19

Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain

As ground zero for the pandemic, 2020 was a challenging year for healthcare real estate investment trusts. In the first quarter, for example, healthcare REITs saw a 36.8% decline — much of this stemming from COVID-19-related woes within the senior living and skilled nursing sectors. Recent positive news on vaccine approval and its subsequent rollout within the sectors helped healthcare REITs regain a good chunk of this loss, however, ending the year at a 9.8% decline compared with 2019, according to Nareit daily returns.

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