New Senior Provides Update for NAREIT REITworld 2020 Investor Conference
New Senior Investment Group Inc. (NYSE: SNR) announced participation in the NAREIT REITworld 2020 Investor Conference on November 17-19, 2020. The company reported October 2020 occupancy at 83.1%, a slight decline of 20bps from September, but better than the expected 40bps drop. This positive performance was attributed to stronger-than-anticipated move-in volumes at month-end. Additionally, CEO Susan Givens was elected to NAREIT's 2021 Executive Board, enhancing company leadership visibility.
- October 2020 occupancy at 83.1%, outperforming expectations.
- Strong move-in volume towards the end of October.
- CEO elected to NAREIT's 2021 Executive Board, increasing leadership visibility.
- None.
NEW YORK--(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
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.
