For the first time in a while, Wendy Simpson, chairman and CEO at LTC Properties, is looking forward to the next earnings call for the publicly traded REIT. Business is looking up at the Westlake Village, California-based company after a difficult year for the entire industry.
In mid-September 2020, even as the COVID-19 pandemic continued to drive weaker occupancy rates, higher expenses, and intense media scrutiny of the senior living sector, a ten-property senior living portfolio was successfully closed in a recapitalization and acquisition deal.
Skilled Nursing News’ Payments, Policy, and Capital Summit brought together executives, policy professionals, and capital providers to share their thoughts on the recent past, present, and future of the skilled nursing industry. Highlights and key takeaways from the three-day virtual event are summarized here.