Skilled nursing occupancy begins year with ‘positive momentum’
By
Kathleen Steele Gaivin
Apr 03, 2023
Skilled nursing occupancy increased 49 basis points from December to January, to end the month at 81%, according to the National Investment Center for Seniors Housing & Care’s most recent skilled nursing...
Kandu / Bloom divest of skilled nursing facilities to focus on senior living
By
Kathleen Steele Gaivin
Mar 28, 2023
Birmingham, MI-based Bloom Senior Living and Kandu Capital have extricated themselves from their skilled nursing facilities and mental health / psychiatric facilities to focus on their portfolio of independent...
Retirement plan contribution rate decreases
By
Kathleen Steele Gaivin
Mar 28, 2023
Twenty-five percent of Americans with 401(k) retirement accounts closed out 2022 by setting aside just 3% or less of their salaries in those accounts, according to the results of a study by Bank of America....
American Healthcare REIT expands senior housing and care segments by $254 million
By
Kathleen Steele Gaivin
Mar 22, 2023
American Healthcare REIT expanded its portfolio, recast its credit facility and filed a registration statement for a proposed common stock offering in 2022, the Irvine, CA, real estate investment trust...
REITs ‘well prepared’ to navigate economic uncertainty: report
By
Kathleen Steele Gaivin
Mar 13, 2023
Real estate investment trusts’ operations remained solid with year-over-year increases in funds from operations and net operating income, according to the National Association of Real Estate Investment...
Labor market experiences trade-off: jobs growth versus increased wages: report
By
Kathleen Steele Gaivin
Mar 09, 2023
The health services and education labor market increased by 35,000 jobs (7.2%) last month, whereas the private sector in general added 242,000 jobs overall in February.
Senior living and care pricing could decrease due to cap rates, operating expenses: survey
By
Kathleen Steele Gaivin
Mar 08, 2023
If not offset by record-setting rental rate growth, expected capitalization rate expansion and rising operating expenses could lead to a decrease in senior living and care pricing this year. That’s according...
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
Acquisition loans on the rise, experts say
By
Kathleen Steele Gaivin
Mar 02, 2023
Several factors are contributing to the increase in acquisition loans, according to the experts at Cambridge Senior Housing & Healthcare Capital.
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...