2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
Senior housing: Positive outlook with challenging unknowns
By
Matt Caine
Dec 13, 2021
The coronavirus pandemic has presented a myriad of challenges for the senior housing sector. Even with the vaccine rollout earlier this year, many of these issues remain as the virulent delta variant and...
After months of increases, SNF occupancy slowed in September: NIC report
By
Kathleen Steele Gaivin
Dec 10, 2021
Reversing a seven-month trends, skilled nursing occupancy declined to 75.1% between August and September. That amounted to a 27 basis points downturn, according to the latest Skilled Nursing Monthly...
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...
Lead volumes improving, construction lending is increasing: NIC survey
By
Kathleen Steele Gaivin
Nov 19, 2021
Lead volumes are heading toward pre-pandemic levels, and construction lending is on the rise, according to Wave 34 of the Executive Survey released Thursday by the National Investment Center for Seniors...
Skilled nursing occupancy increases are beginning to slow: NIC report
By
Kathleen Steele Gaivin
Nov 12, 2021
Although skilled nursing occupancy increased for seven consecutive, NIC MAP data reported a slowdown in August in its November skilled nursing monthly report.
Partnerships, universal workers keys to successful middle market communities, execs say
By
Lois A. Bowers
Nov 04, 2021
Relationships with third parties, the use of universal workers, pared-down offerings and strict expense control — but not skimping on quality — are keys to a successful senior living model serving...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
‘Small and complex’ senior living and care industry ripe for investors: NIC chair
By
Kathleen Steele Gaivin
Nov 03, 2021
HOUSTON—Despite the “temporary disruption” from the pandemic, market conditions are favorable for investing in senior living and care, Kurt Read, chair of the NIC Board of Directors and managing...
‘Pervasive’ staffing shortage poses dilemmas for skilled nursing sector
By
Kathleen Steele Gaivin
Oct 25, 2021
Staffing shortages have become “pervasive” nationwide since the pandemic began, and the acute shortage of nursing staff and aides in skilled nursing facilities likely has not hit rock bottom yet, National...