More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
SNFs and memory care units reporting improvements in occupancy rates: NIC survey
By
Amy Novotney
Sep 04, 2020
More organizations that deliver care for those with greater needs — including skilled nursing and memory care units — have been reporting occupancy improvements, according to data collected from the...
Senior housing average daily census rates within Irvine, CA-based Healthpeak Properties fell to 76.8% in August, dropping 0.9% compared with July, according to an investor presentation posted by the real...
Seniors housing occupancy dropped below 85% on the second quarter: NIC
By
Amy Novotney
Sep 02, 2020
Overall occupancy within majority assisted living and majority independent living averaged 84.9% from April through June, down 2.8% from the prior quarter. That’s according to second quarter market fundamentals...
Fort Myers, FL, seniors housing community defaults on mortgage
By
Amy Novotney
Aug 31, 2020
Campo Felice, a Fort Myers, FL, independent living rental community, has defaulted on its mortgage, according to an account Friday in the Business Observer.
Assisted living occupancy declines at highest rate since April: NIC
By
Amy Novotney
Aug 20, 2020
The occupancy rate for senior living properties with a majority of assisted living units fell 1.7% last month, according to new data from the National Investment Center for Seniors Housing & Care’s NIC...
NHI reports 4.2% in August rent deferrals, continued occupancy declines
By
Amy Novotney
Aug 19, 2020
Murfreesboro, TN-based National Health Investors said Tuesday that it had collected 95.3% of contractual rent in August and deferred 4.2%, including 2.5% related to a previously disclosed deferral to Bickford...