Senior housing sector posts positive total return: NIC
By
Kathleen Steele Gaivin
Jun 07, 2023
The senior housing sector posted a total return of 0.11% in the first quarter, up from a decline of 0.88% total return in the previous quarter, according to a National Investment Center for Seniors Housing...
Property, professional liability insurance costs major culprit as operating expenses increase
By
Kathleen Steele Gaivin
Oct 21, 2022
Increases in property and professional liability insurance costs are major contributors to runaway operating expenses for long-term care providers, according to results of the latest Executive Survey Insights...
Holidays complicate pay calculations for employees taking FMLA leave
By
Kathleen Steele Gaivin
Jun 12, 2023
If an employee takes a full week of leave under the Family and Medical Leave Act during a week with a holiday, then the employee does not get additional pay for the holiday and must use a full week of...
Evidence points to improving job market in senior living, economist says
By
Kathleen Steele Gaivin
May 03, 2023
“There’s evidence of improvements in the job market for senior housing,” Beth Burnham Mace, National Investment Center for Seniors Housing and Care chief economist and director of outreach, said...
CCRC occupancy continues to outpace non-CCRCs across all care segments: NIC
By
Kathleen Steele Gaivin
Dec 07, 2023
Overall, the third-quarter occupancy rate for continuing care retirement communities / life plan communities continued to outpace that of non-CCRCs across all care segments, according to recent analysis...
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Rising operating expenses surpass staffing as top provider concern: NIC
By
Kathleen Steele Gaivin
Aug 26, 2022
Rising operating expenses are now the top-cited challenge for long-term care providers, according to the latest Executive Survey Insights report, released Thursday by the National Investment Center for...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...