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.blur{ color:transparent; text-shadow: 0 0 8px #000; } .memberfulSection{ margin-top:75px; margin-bottom:50px; background-color:#133d55; border-radius:5px; padding:30px 50px 30px 50px; } .memberfulH3Container{ display: flex; flex-direction:row; justify-content: center; } .memberfulH3Style{ color:#ffffff!important; font-size:34px; line-height:38px; margin:0px; } .memberfulPlansContainer{ display:flex; flex:1; flex-direction:row; justify-content:space-between; padding:15px 0 15px 0; } @media screen and (max-width:450px){ .memberfulPlansContainer{ flex-direction:column; } } .memberfulPlanContainer2{ padding-right:15px; flex:1; display:flex; flex-direction:column; justify-content:center; align-items:flex-start; } .group{ padding:17px 34px; font-size:16px; border-radius:8px; background-color:#ebebec; color:#133d55!important; text-decoration:none!important; text-transform: uppercase; text-align:center; font-weight:bold; font-family:sans-serif; } .memberfulPlanContainer1{ padding-right:15px; flex:1; display:flex; flex-direction:column; justify-content:center; align-items:flex-start; } .indvidual{ padding:17px 34px; font-size:16px; border-radius:8px; background-color:#aae3ff; color:#133d55!important; text-decoration:none!important; text-transform: uppercase; font-family:sans-serif; text-align:center; font-weight:bold; }When Wendy Simpson, CEO of LTC Properties (NYSE: LTC), heard a colleague at a different real estate investment trust predict a two-year timeline to senior living occupancy recovery, she thought, “That’s just silly.”
But, she no longer thinks so.
“I think later in the year, we should be able to get a better trend, but I’ve got to admit that I thought it would be faster,” Simpson said during a recent SHN+ TALKS appearance.
Still, the picture is mixed. Though the latest quarterly statistics from the National Investment Center for Seniors Housing & Care (NIC) showed occupancy stuck at historically low levels, LTC tenant Brookdale Senior Living (NYSE: BKD) recently reported positive occupancy trends.
The community, Watersound Fountains, is planned to have 148 independent living apartments and amenities that include a spa, wellness center, pool and multiple dining venues. The project is under development near WaterSound, a 1,400-acre property owned by St. Joe.
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The post LTC Properties CEO: Senior Living Occupancy Recovery Turns Sluggish, Could Extend Recovery Timeline appeared first on Senior Housing News.
Source: For the full article please visit Senior Housing News