LTC Properties - McKnight's Senior Living

LTC Properties

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.

Parkinson ponders post-election landscape

Regardless of how long we need to wait after Election Day until we know the results, they will have “enormous implications on everything, including long-term care,” American Health Care Association / National Center for Assisted-Living President and CEO Mark Parkinson told those listening to LTC Properties’ third-quarter earnings call on Friday.

older woman looking at pictures

Juniper Communities wins Tech Awards Gold with website making Virtual Connections

When real estate investment trust LTC Properties approached Juniper Communities, one its operators, back in March offering support at the outset of the COVID-19 pandemic, a bright idea virtually popped into the head of Juniper founder and CEO Lynne Katzmann, Ph.D. That bright idea has won Gold in the activities category of the Senior Living track of the 2020 McKnight’s Excellence in Technology Awards.

McKnight’s 40 for 40: Wendy Simpson

“The future is very, very bright for women in the world,” Wendy Simpson said during an educational webinar at the McKnight’s Women of Distinction Forum last month. No doubt, her work steering LTC Properties’ ship has helped make it so.

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