NCAL Day speakers think something other than occupancy should be operators’ top priority.
NIC: New inventory, competition continue to affect senior living occupancy
By
Lois A. Bowers
Oct 05, 2018
The occupancy rate for seniors housing across the United States in the third quarter was at its lowest level since the second quarter of 2011, when it was 87.5%, according to new data released Thursday...
Assisted living occupancy down, but so is construction, and rents are up: report
By
Lois A. Bowers
Sep 10, 2018
Occupancy in assisted living will continue to trend downward this year, but the good news for operators is that the construction that contributed to occupancy woes will decrease, and average rents will...
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
New Senior to pay $50 million to bring management in-house after strategic review
By
Lois A. Bowers
Aug 10, 2018
New Senior Investment Group expects to save $10 million annually by bringing its management in-house, the REIT announced Thursday as it released its second-quarter financial results. But first the company...
Senior Housing Properties Trust looks to other segments while senior living challenges continue
By
Lois A. Bowers
Aug 08, 2018
Senior Housing Properties Trust is focusing its acquisitions energy on its life science and medical office building segments as it waits for senior living challenges to lessen, President and Chief Operating...
Occupancy inching up at former Elmcroft properties now managed by Eclipse, Ventas says
By
Lois A. Bowers
Jul 30, 2018
Eclipse Senior Living, Brookdale Senior Living and seniors housing in general were on the agenda Friday when real estate investment trust Ventas held its second-quarter earnings call.
Five Star becomes first organization to start new J.D. Power Senior Living Community Certification process
By
Lois A. Bowers
Jul 24, 2018
Five Star Senior Living has become the first organization to commit to a new community certification program that one industry expert says could “take the industry to its next level.”
Assisted living occupancy drops to record low in second quarter
By
Lois A. Bowers
Jul 13, 2018
The occupancy rate for assisted living continued its downward trend in the second quarter, falling lower than last quarter’s record-low average of 85.7% to a low of 85.2%, according to data released...
Two paths to higher occupancy, per NIC
By
Lois A. Bowers
Jun 14, 2018
Two paths can help senior living operators prevent occupancy from dropping any further, according to the National Investment Center for Seniors Housing & Care.