DALLAS — Due to the coronavirus outbreak and because Seniors Housing Business and the InterFace Conference Group value the health and safety of our attendees and the industry, the inaugural InterFace Active Adult conference, which had been set for May 12 in Dallas, will be rescheduled. The full day conference, the industry’s first event devoted entirely to the red-hot active adult/55+ market niche, will still take place in Dallas at the Omni Las Colinas, the original location. InterFace is actively working to secure a new date to make sure the event …
coronavirus
MURFREESBORO, Tenn., and IRVINE, Calif. — Publicly traded REITs Sabra Health Care REIT, based in Irvine, and National Health Investors (NHI), based in Murfreesboro, have released updated information on the effects of the COVID-19 pandemic. Sabra has confirmed cases of the virus at two of its facilities. Both facilities have stopped new admissions. The company expects to find more cases of the virus as the government ramps up testing. NHI currently has no confirmed cases among its 238 communities. “Operators are following the guidelines set by local health departments and …
The fallout from the coronavirus pandemic sweeping across the globe has been swift and severe with Corporate America taking extraordinary steps to protect its workers. Detroit’s Big Three automakers — Ford, General Motors and Fiat Chrysler — are suspending production this week in North America as a precaution against the coronavirus. Meanwhile, major airlines have cut capacity by 50 percent or more systemwide due to sharply reduced consumer demand. Millions of public school students will be off for at least the next few weeks in an effort to keep the …
TOLEDO, Ohio — Welltower (NYSE: WELL), the largest owner of seniors housing in the United States, has confirmed that two residents in its portfolio have tested positive for COVID-19. “There is no perfect playbook to manage through a pandemic. However, flu and infection mitigation are integral parts of the day-to-day operating model in seniors housing, post-acute care and our medical office buildings,” says Tom DeRosa, the company’s CEO. “We maintain that the population of frail and/or memory impaired seniors are best served in safe, controlled environments that have time tested …
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