Post-Acute & Senior Living: Dealing with troubled operators

In earnings call, NHI officials discuss how they handle struggling properties

By John B. Mugford

National Health Investors changed the operator of four Minnesota senior living communities, including this one in Maplewood, to Bickford Senior Living due to the “underperformance” of the previous operator. Photo courtesy of Bickford Senior Living

 

While most owners of senior housing property remain bullish on the sector, especially over the long term, many find themselves having to take measures to turn around struggling facilities and, perhaps, change operators within their portfolios in the short term.

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