Real estate investment trust Ventas has agreed to restructure its Brookdale Senior Living leases "to give Brookdale support and stability while it executes its operational turnaround under its new team," Ventas Chairman and CEO Debra Cafaro said Friday on the REIT's first-quarter earnings call.
The severe flu season and supply issues that seem to be affecting occupancy among some senior living operators don't appear to be having as much of an effect in National Health Investors' portfolio, leaders of the real estate investment trust said Friday during an earnings call.
A "severe" flu season and a "mismatch of supply and demand" will continue to affect occupancy and net operating income in Ventas' seniors housing portfolio in the short term, the real estate investment trust's executives predicted Friday during a fourth-quarter earnings call.
Familiar faces at a new operator, Eclipse Senior Living, have assumed management of 76 private-pay seniors housing communities owned by Chicago-based real estate investment trust Ventas, the REIT announced Tuesday.
Kindred Healthcare on Tuesday confirmed media reports of a sale that had been published just days earlier, announcing that its board had agreed to sell the company to a consortium of three companies — health insurer Humana and equity firms TPG Capital and Welsh, Carson, Anderson & Stowe — for approximately $4.1 billion in cash.
More than 70 Elmcroft Senior Living properties currently in Ventas' portfolio will be transitioned to a new management company led by a former Holiday Retirement and HCP executive early next year, Ventas Chairman and CEO Debra Cafaro said Friday. The communities will be owned by Ventas and an institutional investor in a joint venture, she added.
Real estate investment trust Ventas has been named to the Dow Jones Sustainability North America Index for the first time and has been ranked the top healthcare REIT by GRESB in its assessment of real estate environment, social and governance factors.
Though challenging to operators — and everyone — as they are occurring, natural disasters such as hurricanes get older adults and their families thinking about the benefits of living in a senior living community, Debra Cafaro, chairman and CEO of real estate investment trust Ventas, said Wednesday afternoon to those attending the Bank of America Merrill Lynch Global Real Estate Conference in New York City.
Ventas' focus when it comes to improving the return on its investment in Brookdale Senior Living is reminiscent of the real estate investment trust's relationship with Kindred Healthcare, Ventas Chairman and CEO Debra Cafaro said Wednesday to those attending the Bank of America Merrill Lynch Global Real Estate Conference in New York City.
Welltower is the top-ranked seniors housing-related entity on Revista's new list of Top 50 Owners of Medical Real Estate. See what other companies made the list.
Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.
Back-to-back earnings calls Friday morning suggested a healthy future for senior living operators, as two large public healthcare real estate investment trusts relayed the growing place that senior living has in their portfolios.
"Now the real estate community can buckle up for the tax reform roller coaster ride," Ventas Chairman and CEO Debra Cafaro told those participating in a second-quarter earnings call Friday, hours after the failure of a Senate attempt to pass a bill to repeal and replace the Affordable Care Act.
"A little bit of policy whiplash" at the federal level is affecting the business world, Ventas Chairwoman and CEO Debra Cafaro told analysts and others participating in a first-quarter earnings call on Friday. But Ventas has a plan, she said.
Real estate investment trust Ventas says it is not negotiating to purchase all or part of Brookdale Senior Living, contrary to a Wall Street Journal report.
Healthcare real estate investment trust Ventas is in talks to purchase all or part of Brookdale Senior Living, the Wall Street Journal reported Thursday.
Changes in the federal government in the new year have brought with them "a period of significant macro volatility and uncertainty" for businesses, Ventas Chairwoman and CEO Debra Cafaro told analysts and others participating in a fourth-quarter 2016 earnings call Friday.
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Hurricane Matthew resulted in death and destruction of property, but it also showed the value of seniors housing, Robert F. "Bob" Probst, the chief financial officer of real estate investment trust Ventas, told those participating in a third-quarter earnings call on Friday.
Brookdale once again tops this year's ASHA 50 lists of owners and operators of senior living communities in the United States, released Wednesday. The lists do contain some changes from last year, however.
Ventas remains confident about seniors housing as an investment for several reasons, the REIT's executives told analysts Friday during a second-quarter earnings call.
Ventas will pay $1.5 billion to acquire almost all of the life science and medical real estate assets of developer Wexford Science & Technology from affiliates of Blackstone Real Estate Partners VIII L.P., the real estate investment trust announced Tuesday.
Although Ventas grabbed headlines for two actions outside of the senior housing sector in 2015, the REIT remains committed to senior living, Chairwoman and CEO Debra Cafaro told investors in a Feb. 12 conference call.
The National Investment Center for Seniors Housing & Care has launched a new initiative to track and report aggregated data on seniors housing actual rents using a standard file format with standard field definitions.
Will the future of assisted living see providers coordinating health and long-term care services to benefit their residents and save the healthcare system money? Healthcare policy researcher David Grabowski, Ph.D., of Harvard Medical School shares his thoughts in an exclusive interview with McKnight's Senior Living.
Brookdale Senior Living is the largest seniors housing and real estate owner and operator, according to the American Seniors Housing Association. The company tops both ASHA 50 lists for 2015.
Real estate investment trust Ventas Inc. has promoted two of its asset management employees.
Real estate investment trust heavyweight Ventas flexed its muscles during the first quarter of 2015 as it reported record revenues and a plan to spin off most of its skilled nursing portfolio.
Real estate investment trust giant Ventas took a huge step in bolstering its private-pay assets when it announced it would acquire American Realty Capital Healthcare Trust for $2.6 billion in cash and stock. The transaction is expected to close later this year.