Pandemic putting pressure on seniors housing: Marcus & Millichap
By
Amy Novotney
Apr 14, 2020
The senior living industry may be one of the hardest hit by the coronavirus pandemic, yet with operators well suited to manage infectious diseases, and the strength of the seniors housing market prior...
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...
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...
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...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
Economists predict recession as a result of COVID-19; virus putting senior housing to the test
By
Amy Novotney
Mar 13, 2020
The coronavirus will cause U.S. economic contraction in the second quarter, leading to a greater chance for recession, according to more than 60 economists polled by The Wall Street Journal. The poll also...
Brookdale takes ‘next step’ in pandemic in mandating staff vaccination: CEO
By
Kimberly Bonvissuto
Aug 06, 2021
Brookdale Senior Living President and CEO Lucinda “Cindy” Baier announced a COVID-19 vaccination mandate for its approximately 35,000 workers during today’s second-quarter earnings call,...