on classes the the activity more I'll rise sell is which quarter financing performance the market as any to David. in making the buyer our fourth comments rapid you, in of well interest slowed, major We to difficult primarily operators. due properties disposition rates, Thank investment asset as and as not my secure. and did concentrate
properties quarter closing a XX sales net and but few difficult beyond predict currently value any sale book future cash fourth this for and of $X concessions. do million million of assets before it's $XX.X have timing of the We to scheduled, that, We rent with of rent consideration held market. a have in
Fortunately, and focused resources the the acquisitions dispositions recent our we have more to of downturn completed on prior again. majority
a We and average time deploy increasingly of fourth John capital at to shape when quarter investments is the Eric described, $XX million yield scarce. in As eager financial of at made capital are X.X%. approximately great in and an we
million which $XX.X NHI. Senior to is weighted operated of good a are Silverado by with $XX.X memory year in a start a at We of the X.X%. investments communities two acquisition for care Living, relationship off yield this includes This million developed new newly average
said, That what buyers, active believe years. with our lessons creating seen relative are we improved the actionable learned patient favor and over have shareholder willing more the is valuable we have have process, couple shifts in pipeline be the last more underwriting than value we as The we of which are long-term. deals to to market of
Shifting to asset management.
As cash which due positive contractual Eric fourth and efforts portfolio million and complete, we the have compares need-driven for was of to strong with focused optimization been mostly of third is portfolio, XX% largely results. optimization deferrals quarter $X.X started XX.X% Overall, $X.X to The quarter. NOI. XX.X% the of approximately see collections housing noted, million, at in which senior adjusted accounts on
improvement large to sequentially reset is X.XXx. X.XXx the X Bickford's fully was The September quarter third the positive. rent the forma X.XXx highest XX through since which improved the pro accounts continue and EBITDARM the of period. in third Bickford Trailing to was at quarter for coverage, trailing for be April by trends coverage XXXX. part XX-month straight driven Coverage for
and just occupancy quarter and As due January. to move-outs, which declined in Bickford's sales debt. the outlined actually have press been fourth not pace in Leads recently predominantly again strong, have our but have kept and earnings been release, with unfortunately in
Bickford high which in decline. increase some occupancy price the single-digit offsetting a implemented is December, of
been of strategic our high-priority withstand these fluctuations. has One of strengthen our to to goals types Bickford portfolio
a from in and is need-driven periods properties coverage at improving in as complete reported of future Bickford, across XXXX. asset XX we is coverage other a which material from X.XXx, restructurings low where benefit factored fully improvement rent are X.XXx remaining should Coverage the we in. Aside sales
two tenants. fourth we cash as of for our operators and placed with During decline the restructured should tenant, of portfolio, has the housing several this XXX with accounted accounts which we adjusted improved the throughout quarter perform another on selling portfolio operator. the group discretionary properties working SLC, three accounting, CCRC we for into XX% X.XXx, had cash-based cash-based it lease and including These associated at The the coverage from largest quarter are X.X% on collections, senior quarter, January year-over-year. of basis occupancy the communities. points again entrance our XX%, pandemic. NOI, EBITDARM up entrance XX% continues as fee SLC's well to throughout fourth of fee Continuing
housing discretionary communities which the the was coverage, largely comfortable at Our performance senior very reflects of SLC, entrance excluding X.XXx. fee
are SNF years, so SNF continues our of solid somewhat in we NHC other annualized We at believe are operators hospital. of any point. correlated adjusted have to specialty X.XXx, been insulates CCRC communities have properties of free not portfolio, length more that entrance XX including at short-term XX% that NOI X.XXx to from stay geographies average to moves. which the to this mindful housing properties six impact meaningful is monitoring interest-free the experienced and in our and this market represents EBITDARM our the for have housing Remember X.XXx coverage
in property the of the been At a NHC Northeast the from NHC during impacted is from the Group primarily coverage sequential by SNF coverage remains quarter. the level, stimulus seven Ensign anchors revenue an corporate with The benefits ratio excellent year-over-year SNFs decline has along by federal the third whose programs. portfolio. credit the coverage charge NHC and sale non-core decline government the in in fixed
operators SNF repayment other amount began quarter. in concessions fourth minimal five on Our nominal have rent received the and this
is portfolio, to represents continue of XX.X%, move-ins. use to points volumes occupancy slightly we and Lastly, which decreased declined as tool RevPOR sequentially drive again in XXX to SHOP adjusted while lead our NOI, X% basis one price
pressures, show the XX.X% decline to quarter. contributed the to NOI significant to inflationary which fourth continue to expenses margin Operating in
XXXX the results NOI significant were expectations, still below see While our longer-term. the over we upside
last XXXX, XXXX. over expecting of over Our improve And to repositioned the nine communities in course operating are management months. the for to we partners planned of have local teams with capital six conjunction the the fundamentals projects
closing for hand the I'll his to Eric remarks. call back
