Avenue Development launches smart design program at two Ignite post-acute properties, financed by LTC...
By
Amy Novotney
May 07, 2021
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...
‘Resiliency’ will help senior living industry through pandemic recovery: LTC
By
Kimberly Bonvissuto
May 03, 2021
With some of the more daunting challenges of the COVID-19 pandemic “mostly” behind the senior living industry, LTC Properties Chairman and CEO Wendy Simpson said Friday she is cautiously optimistic...
Two major tenants failed to pay rents in the first quarter as a result of ongoing challenges related to the COVID-19 pandemic, leading some to remain concerned about the operating metrics of Westlake Village,...
LTC defers, abates about $3.7M in rent as tenant Abri Health Services/Senior Care Centers files for Chapter...
By
Amy Novotney
Apr 21, 2021
LTC Properties has granted more than $3.6 million in rent deferrals since the beginning of the year, according to a company update released Monday.
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
LTC to transition 11 Texas SNFs to new operator
By
Amy Novotney
Mar 15, 2021
LTC Properties sent a notice of default to ABRI Health Services/Senior Care Centers last week for nonpayment of March rent and additional charges owed under the master lease, according to an U.S. Securities...
SNF investors focus on needs-based model, expect census return by mid-2022
By
Amy Novotney
Feb 25, 2021
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,...
LTC continues to focus on operator support as occupancy ‘is close to or has hit bottom’
By
Kimberly Bonvissuto
Feb 22, 2021
As the pandemic continues to create a “somewhat uneasy road” for the senior living industry, real estate investment trust LTC Properties will continue providing support to its operators while balancing...
Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations
By
Amy Novotney
Feb 22, 2021
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....
Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain
By
Amy Novotney
Jan 04, 2021
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...