News

  • As Pandemic Pressures Ease, Capital Senior Living Focuses on New Programs and Rate Growth
    by Tim Regan on May 13, 2021 at 9:10 pm

    For Capital Senior Living (NYSE: CSU), the pandemic’s pressures are easing, and CEO Kim Lody is optimistic that the company will see more improvement in the months ahead. Occupancy ticked up in the first quarter of 2021 — today standing at 77.7% — and in March and April, the Dallas-based provider saw its highest level […] The post As Pandemic Pressures Ease, Capital Senior Living Focuses on New Programs and Rate Growth appeared first on Senior Housing News. […]

  • Invesque CEO: Commonwealth Posts Historic Move-In Gains, Senior Housing Occupancy Bottomed Out in Q1 2021
    by Chuck Sudo on May 13, 2021 at 8:20 pm

    Invesque (TSX: IVQ.U) CEO Scott White believes that occupancy and net operating income for his company’s senior housing operating partners will experience a quick rebound, paced by pent-up demand for senior living. As evidence, he points to Commonwealth Senior Living, Invesque’s affiliated operator with 33 communities across four states, which recorded the highest number of […] The post Invesque CEO: Commonwealth Posts Historic Move-In Gains, Senior Housing Occupancy Bottomed Out in Q1 2021 appeared first on Senior Housing News. […]

  • Despite COVID, HUD Funding Remains Lifeline for Skilled Nursing Operators
    by Guest Contributor on May 13, 2021 at 8:05 pm

    Mostly positive news continues to make headlines when it comes the United States’ recovery from the COVID-19 pandemic, including that related to the conditions and census at skilled nursing facilities. Like all facets of operations during the past 14 months, senior living was hit hard, including its lending environment involving U.S. Department of Housing and […] The post Despite COVID, HUD Funding Remains Lifeline for Skilled Nursing Operators appeared first on Skilled Nursing News. […]

  • Invesque to Lower Symphony Exposure by 50%, Grow Relationship with Cascade
    by Amy Stulick on May 13, 2021 at 8:04 pm

    Invesque Inc. (TSE: IVQ.U) on Thursday updated shareholders on its continued separation from Symphony Care Network (SymCare) during its first quarter earnings call, with an intended 50 percent drop in SymCare assets long term. The Carmel, Ind.-based real estate investment firm began the first phase of its divestiture with the $20 million sale of its […] The post Invesque to Lower Symphony Exposure by 50%, Grow Relationship with Cascade appeared first on Skilled Nursing News. […]

  • In the Pipeline: Watermark Adds to Elan Collection in Los Angeles; Discovery Makes Progress on Florida Community
    by Tim Regan on May 13, 2021 at 7:18 pm

    In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here And if you’d like to submit a project to In the Pipeline, email us. Construction: In progress Discovery Starts Pre-Leasing […] The post In the Pipeline: Watermark Adds to Elan Collection in Los Angeles; Discovery Makes Progress on Florida Community appeared first on Senior Housing News. […]