Covid-19 News Bulletin: Healthpeak Move-Ins Down 50% Compared To March 2019; Kramer, Industry Leaders Invest in Staffing App
April 7, 2020 | Tim Mullaney | Senior Living News
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and your teams, and encourage you to reach out to us individually or at editor@seniorhousingnews.com with news items, topics that you believe are important for coverage, or other feedback.
Bulletin for Tuesday, April 7, 2020:
March 2020 move-ins were down 50% compared to March 2019 for the senior housing operating and continuing care retirement community (CCRC) portfolios of Healthpeak Properties (NYSE: PEAK).
Compared to February 2020, SHOP and CCRC move-ins were down 41% last month, the Irvine, California-based real estate investment trust reported Tuesday. Together, SHOP and the CCRC portfolio represent 27% of net operating income for the company.
