Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...
California operator braces for planned $15 minimum wage
By
Lois A. Bowers
Mar 29, 2016
One of California’s largest senior living operators is planning changes in the wake of Gov. Jerry Brown’s March 28 announcement of a deal that will make the Golden State the first to commit...
Five Star responds to Senior Star offer
By
Lois A. Bowers
Dec 21, 2015
Five Star Quality Care remains uninterested in Senior Star’s $325 million bid for 33 of its properties, the company said in a Dec. 21 letter.
People in the news, Nov. 5
Nov 05, 2019
Appointments and promotions at the Alaska State Hospital and Nursing Home Association, Arrow Senior Living Management, Assurance, Bank Leumi, Commonwealth Senior Living, Erdmann, Heron’s Key, Hord Coplan...
Assisted living rates up 0.6 to 3.8 percent
By
Lois A. Bowers
Mar 29, 2024
Average assisted living community rates increased between 0.6 and 3.8% in 2023 nationally, depending on room type, according to illumifin, an administration and claims solution provider for long-term care...
Active adult communities growing in demand for many reasons: panelists
By
Lois A. Bowers
Nov 02, 2021
HOUSTON—As operators wrestle with determining a firm definition of active adult housing and related questions, the sector is experiencing growth in development and resident demand, said panelists participating...
COVID-19 public health emergency will not end in January: reports
By
Lois A. Bowers
Nov 14, 2022
The public health emergency due to COVID-19 will not end in January, according to published reports.
ACHCA joins in effort to ‘strongly urge’ COVID-19 vaccination in long-term care
By
Lois A. Bowers
Aug 03, 2021
The American College of Health Care Administrators said late Tuesday that it is joining several other long-term care and healthcare-related groups in an effort to “strongly urge the vaccination of all...
Federal effort ‘important first step’ but ‘far short’ of what’s needed to protect seniors against...
By
Lois A. Bowers
May 01, 2020
President Trump’s remark Thursday that seniors are being taken “very special care of” is “false,” and federal government efforts “far short of what’s needed to protect the most vulnerable...