doing to Today, morning, and the a you, environment, of fortify Thank to repositioning work our provide plan position you I'll update the fundamentals the give with first XX and growth we're good the the company the by conclude accelerated I'll Lauren, also update of assets. the I'll in operating on everyone. on for brief the progress portfolio future.
of pleased our now call, lingering not centers. quarter's the recovery be into are effects substance announce or assisted to of have last Landmark that properties to First, of term. to properties due to that the we're hitting living announced sell XX, the X we sustainable leases repurpose Of Recovery repurpose long signed plans to addiction XX we wall COVID are re-tenant or anticipated
get boxes diligence, regulatory redevelopment redevelopment. required summer this start work the upon checked completion of during should with commencing Assuming rents
XX select be formally if properties appears the in expectations. to yet would of process. facilities in early We the of stages and line retaining of with sales not Interest re-tenant retain may taken and the Another solid sale selling XX assets are may be decide instead market a yet to our to not on those been X in we expected. them. gain up remaining assets have end The the
up, and provide update way, we updates firm much the next more meaningful will have we deals should process quarter. along for As the
to also to rent in Looking XX%. report of April, quarter. was approximately I'm XX% the collected operating environment. the collected for And pleased we
with the January XX.X% be collections of So far, occupancy compared appear XX%. 'XX of currently at to to May and stable held nursing pre-pandemic to QX, low line in in April. QX from occupancy Skilled XX%
of and up seniors The market occupancy recovery points, pressure of as basis For compared margins, report to and occupancy behind low year. appears continues recent them. though currently watermark our XX% as housing ticked November the operators labor be put XX% on to a XX%, XXX that last currently pre-pandemic of worst occupancy at to tight
on Finally, that. year, position of I'll to for is a we're important ways while reinforcing platform foundation the the ourselves job growth X is touch us for this for doing years few come. equally to briefly accelerated
potential underperforming opportunity high-demand property developing We're behavioral us innings growth asset certainly the growth. not mentioned, with the only also in the early operator here, in previously meaningful use we relationships own this and as a a excited about provides it for but of are for for undersupplied but up for growth type. the necessary investment health opens finding for assets, tool our new First, better class higher a
in been we've skilled to see money and leading like of range put always play bridge-to-HUD us. build and X at relationships year, to well to best-in-class more really operators relationships space, know this new has work growth with. our relationship giving historic to a operators been the And yields. for of both in partnered opportunities we lenders we've form new Second, the since we'd to this the with attention Lending happy of nursing participate
as on growth on talent Scott, Management. from related deep emphasis an to the to the time some seniors find made fuel of to of the of it of key especially Mark. our and We're executing for past success and operator we've and growth addition Skilled to up operating their losers duties ever of been hired and The by management over in XXX% Grossman years. Amid nursing is but growth. his Vice to Lastly, allows of all story and space, operators, housing of I'll noise, key weaknesses. only portfolio magnified better President off-market are repositioning winners different long who pandemic work also not has perfect proven than us Scott those themselves models timing this deals. Asset strengths year, dedicate this philosophies. a of calibrated turn have over there personnel to The investment couple with and the that, changes experience stories. sourcing more with certainly operating best-in-class With the freeing pipeline, the it invest building a in lot future the has We
