The senior living sector posted a total return of –1.15% in the third quarter, according to the National Investment Center for Seniors Housing & Care. That’s after posting a positive total return of...
Business briefs, March 13
By
Kathleen Steele Gaivin
Mar 13, 2023
Inventory slowed down, occupancy increased in senior housing: NIC … HCBS bill provides ‘sorely needed’ solutions to care choice, workforce issues … Fort Wayne, IN-based Priority Life Care develops...
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.
Business briefs, Oct. 6
By
Kathleen Steele Gaivin
Oct 06, 2023
Senior living occupancy could reach pre-pandemic levels next year: NIC … Operators plan lower fee increases despite costs that remain elevated … New Supreme Court term has major implications for long-term...
Operating expenses rose last month within the Newton, MA-based Diversified Healthcare Trust’s senior housing operating portfolio.
Total SHOP operating expenses for March increased 3.3% and 6.7% on a...
Back to school taking on a new meaning for many locals
By
Kathleen Steele Gaivin
Dec 09, 2021
In what was once a high school in the downtown area of Paris, IL for longer than anyone can remember, Tiger Senior Apartments are now home to many of the town’s older residents.
Skilled nursing occupancy hovering around 78 percent
By
Kathleen Steele Gaivin
Oct 03, 2022
Skilled nursing occupancy for July was 78.1%, virtually unchanged from the previous five months, according to a report released last week by the NIC MAP Data Service.
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
Last year’s momentum carries over into first quarter, Welltower says
By
Kathleen Steele Gaivin
May 12, 2022
Last year’s momentum carried over into the first quarter “and translated into the first period of year-over-year bottom-line growth for our company since the beginning of [the] pandemic,” Welltower...
Occupancy, revenue trend upward in Q3 for HTI
By
Kathleen Steele Gaivin
Dec 08, 2023
Occupancy in the Healthcare Trust Inc.’s senior housing operating portfolio, or SHOP, segment of its portfolio grew by 0.8% to 74.1% in the third quarter compared with the prior quarter, CEO Michael...