Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
NIC report: Half of SNFs reported declines in occupancy rates and a deceleration in move-in rates last...
By
Amy Novotney
Apr 06, 2020
About half of nursing homes saw declines in their occupancy rates last month, according to data collected from owners and executives at 180 seniors housing and skilled nursing operators from across the...
Exclusive: NIC chief economist shares 6 ways COVID-19 could affect senior living
By
Lois A. Bowers
Mar 27, 2020
The coronavirus situation is changing rapidly, but National Investment Center for Seniors Housing and Care Chief Economist Beth Burnham Mace recently spent some quality social distancing time on the telephone...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Operator survey: Coronavirus hasn’t scared families away from moving loved ones into senior living
By
Lois A. Bowers
Mar 24, 2020
The coronavirus has not negatively affected senior living community move-ins to date, according to the results of a newly released survey conducted by Activated Insights in conjunction with the National...
Coronavirus-related costs could be $10B to $20B for senior living; industry deserves bailout, groups...
By
Lois A. Bowers
Mar 24, 2020
COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in...
People in the news, March 24
Mar 24, 2020
Promotions and appointments at Aegis Living, Atlas Senior Living, Cadence Living and Landis Communities.
COVID-19 roundup: Stocks up after emergency efforts to buffer pandemic fallout; NIC economist declares...
By
Amy Novotney
Mar 20, 2020
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday...
Coronavirus has senior housing industry reeling
By
Amy Novotney
Mar 19, 2020
Concerns over additional virus contagion and occupancy declines in seniors housing are taking a toll on industry stock prices, the Wall Street Journal reports.
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...