Senior Housing News August 23, 2024
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There is a growing focus on finding alignment between the owners of senior living communities and the operators that manage them – but doing so is not always easy.
Leaders of senior living real estate investment trusts (REITs) such as Ventas (NYSE: VTR) and Welltower (NYSE: WELL) are big proponents of finding more ways to get owners and operators moving in lockstep. The reason why is simple: There is a sizable net operating income upside ahead for companies that can right-size occupancy and margins today.
In the not-too-distant past, the relationship between senior living community owners and operators was a relatively one-way street, according to Ventas Executive Vice President of Senior Living,...