Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...
‘Right now’ is most challenging time for many senior living providers
By
Kimberly Bonvissuto
Jun 30, 2021
Continued unemployment compensation, wage pressures, decreased occupancy and increased costs continue to create challenges for many senior living providers, according to speakers at an Argentum congressional...
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...
Future of seniors housing industry is ‘all about a vaccine’: NIC economist
By
Kimberly Bonvissuto
Oct 06, 2020
The future of seniors housing will depend on several factors, but to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace, “It’s all about a vaccine.”
CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...
Healthpeak shifts focus from seniors housing; analysts question dividend sustainability
By
Amy Novotney
Nov 04, 2020
Irvine, CA-based Healthpeak Properties is making good on its previously indicated intentions of a potential exit of its senior housing operating portfolio and triple-net lease assets. The real estate investment...
$70 million in aid in Michigan ‘encouraging’ for assisted living providers nationwide, CEO says
By
Lois A. Bowers
Feb 18, 2022
Senior living providers across the country need pandemic relief like the $70 million in direct aid in which assisted living operators will share in Michigan after bipartisan support in the state Legislature,...
All states must comply with forthcoming COVID vaccine mandate, former OSHA official says
By
Kathleen Steele Gaivin
Oct 29, 2021
Individual states do not have the authority to opt out of the emergency temporary standard on workplace COVID-19 vaccines and testing expected to be released soon by the Department of Labor’s Occupational...
Invesque CEO ‘cautiously optimistic’ about senior living despite pandemic challenges
By
Kimberly Bonvissuto
Mar 12, 2021
2020 was a unique year in so many ways, challenging the senior living industry and companies operating within that sector.
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...