Assisted living will need to fill 1.2 million direct care jobs over next decade: report
By
Lois A. Bowers
Jan 22, 2020
Residential care settings such as assisted living communities will need to fill more than 1.2 million direct care jobs over the next decade, including new jobs and positions that become available as existing...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Provider groups debate whether industry-developed standards would put operators at risk
By
Lois A. Bowers
Jan 03, 2020
Would industry-initiated national standards hasten or delay the federal regulation of senior living? Would they encourage or prevent lawsuits against operators? Major associations representing senior living...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...
Senior Housing Properties Trust announces name change, $208 million in property sales
By
Lois A. Bowers
Jan 02, 2020
Real estate investment trust Senior Housing Properties Trust changed its name to Diversified Healthcare Trust, effective yesterday, while also announcing that it had completed $207.8 million in property...
Big senior living stories of 2019
By
Lois A. Bowers
Dec 23, 2019
Here’s a look at some of the news that occupied many minds in senior living over the past year.
AARP joins groups challenging arbitration agreements
By
John O'Connor
Dec 11, 2019
AARP and a dozen mostly pro-consumer organizations have expressed support for legislation that prevents senior living organizations from using pre-dispute arbitration agreements.
‘Silver wave’ will affect some real estate markets more than others as older adults move to senior...
By
Lois A. Bowers
Dec 04, 2019
Certain markets will be saturated with housing for sale over the next 20 years as baby boomers’ homes are sold, according to a new analysis from Zillow.
Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019
As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...