Market segmentation means it’s ‘a very interesting time’ in senior living: NIC
By
Kathleen Steele Gaivin
Jun 09, 2022
The market segmentation occurring in senior housing right now — with differentiation by price and service offerings including middle-market properties, luxury senior living apartments and active adult...
Senior living investors re-examine portfolios: NIC Leadership Huddle
By
Kathleen Steele Gaivin
May 24, 2021
Despite seeing lower occupancy levels through the pandemic, senior living investors are seeing some light at the end of the tunnel, according to panelists at last week’s Leadership Huddle of the National...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
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.
Occupancy downturn is losing steam as resident demand rises: NIC executive survey
By
Alicia Lasek
Mar 26, 2021
The share of seniors housing and care organizations reporting decelerations in move-ins and occupancy rates is at an all time low for all care segments during the pandemic, according to the NIC’s...
Lending volume ticks upward heading into 2022
By
Kathleen Steele Gaivin
Dec 03, 2021
With vaccination rates and occupancy increasing in senior living and care communities, bankers are seeing lending volume increase as well, Brian Heagler, senior vice president at KeyBank, said during a...
Business briefs for Wednesday, Dec. 16
By
Amy Novotney
Dec 16, 2020
Nursing and residential care employment has fallen 7.4% since February … Welltower occupancy declines continue; 4Q COVID costs higher than expected … Industry leaders stress action on combined COVID...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Manufactured homes may present competition for traditional senior living
By
Kathleen Steele Gaivin
Nov 09, 2021
Manufactured housing is beginning to look like a viable alternative to traditional senior living options for the 55-and-older age group, according to JLL’s recently published Manufactured Housing Report.
Chicago-based Ventas slashed its quarterly dividend by 43% Friday, declaring a 45 cents per share second quarter dividend payable July 14. That’s down from the 79 cents per share payout a quarter earlier....