Genesis Healthcare not in compliance with NYSE continued listing standard … Ziegler: Telehealth could be a critical business tool in the COVID-19 crisis … Total annual cost of Social Security program...
Business briefs for Wednesday, June 17
By
Amy Novotney
Jun 17, 2020
Nearly 6 in 10 CFOs worried a new wave of COVID-19 infections will threaten business recovery: pulse survey … CareTrust REIT announces quarterly dividend of $0.25 per share … National Health Investors...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...
Long-term view of seniors housing remains positive: report
By
Amy Novotney
Jun 08, 2020
As COVID-19 continues to take a toll on seniors housing demand and profitability, a new global report from PGIM Real Estate ultimately makes the case for optimism in the sector.
COVID-19 pushes some struggling senior living and care facilities into default
By
Amy Novotney
Jun 04, 2020
Thanks to higher-than-expected costs related to COVID-19, some struggling senior living and skilled nursing facilities are being pushed into default, according to a report Wednesday in Bond Buyer.
Welltower sells $1.3B in seniors housing and outpatient medical assets; sees occupancy decline pace slowing
By
Amy Novotney
Jun 03, 2020
Toledo, OH-based Welltower closed on the sale of a $300 million portfolio of six seniors housing assets in May, according to a business update released by the real estate investment trust late Monday.
COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National...
COVID-19 fueling higher expenses, lost revenues
By
Amy Novotney
Jul 01, 2020
Nonprofit long-term care operators are dealing with millions of dollars in lost revenue and new costs as a result of the COVID-19 pandemic, according to a report Monday in Crain’s Detroit Business.
All REIT sectors declined last week, despite strong June rent collection
By
Amy Novotney
Jul 01, 2020
Property sectors among all real estate investment trust sectors declined last week as a surge of new cases of COVID-19 in many states raised concerns about economic reopenings.
Multigenerational homes likely to be more popular in the future, but may not be safest against pandemic
By
Amy Novotney
Jun 30, 2020
Demand is growing for homes designed to accommodate more than one generation, and many say they expect the pandemic to accelerate that trend. Shelter-in-place orders often make it difficult for adult children...