New Senior Provides Update for NAREIT REITworld 2020 Investor Conference
November 13 2020 - 4:30PM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE: SNR) announced today that management will participate in the
NAREIT REITworld 2020 Investor Conference. The conference is
scheduled for November 17 – 19, 2020. New Senior is also providing
the below updates:
New Senior’s operators finalized October ending occupancy after
the Company reported its third quarter 2020 earnings results.
Occupancy for October 2020 ended the month at 83.1%, down 20bps
month-over-month, outperforming the preliminary estimate of down
40bps provided in conjunction with third quarter 2020 earnings on
October 30, 2020. The outperformance was driven by strong move-in
volume over the last several days of the month, which exceeded
expectations.
In addition, NAREIT recently named its 2021 Leadership Team,
effective November 1, 2020. New Senior’s CEO & President Susan
Givens has been elected as a member of the 2021 Executive
Board.
ABOUT NEW SENIOR
New Senior Investment Group Inc. (NYSE: SNR) is a
publicly-traded real estate investment trust with a diversified
portfolio of senior housing properties located across the United
States. New Senior is one of the largest owners of senior housing
properties, with 103 properties across 36 states. More information
about New Senior can be found at www.newseniorinv.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201113005682/en/
Jane Ryu, (646) 822-3700
New Senior Investment (NYSE:SNR)
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